"The Old West-themed amusement park has struggled since reopening in May 2007 after being shuttered for five years," says the Citizen-Times.
"The park has been unable to secure capital financing to pay off outstanding debts, restructure short-term debts, complete the updating of rides and cover costs associated with running and marketing a regional theme park."
T'is a shame. Ghost Town ranks right up there with Tweetsie Railroad and Mystery Hill (among too many others to mention) as being quintessential Western North Carolina attractions. There may still be hope, according to Lynn Sylvester, one of the park's five managing partners.