Unless I'm mistaken they did the Wrestlemania press conference from there as well.
I'm sure it doesn't bother Vince all that much. Sure, it ended up going under, but in fairness most of the big themed restaurants in that style (eg. The Fashion Cafe; Planet Hollywood) bombed miserably as well.
"Maybe it wasn't so much backlash in Japan that killed this idea as someone just woke up one morning and realized how stupid this whole idea was." If that were the case, JBL would've died a quick death.