It's still there...as others have noted, it's only running from noon-8, so it can be a hot wait in the sun if there's a line. You get an initial try, and if you don't like what you get you can take a second try, but if you hit a whammy on either one you're done. I saw lots of prizes for eateries/clubs Planet Hollywood and related Harrah's properties, a lot of which were not too spectacular, but there are some goodies mixed in, including $10/50/75 in slot play.
Did it today and the first hit was free admission to the PH nightclub (meh) so I threw it back and hit $50 in freeplay on the second try. Yeah, I'll take that instead