A long-unsubstantiated rumor has existed that all prints of this film were recalled by Warner Bros and destroyed. Ron Hutchinson, the founder of The Vitaphone Project, has written that the studio's negative materials were recorded as "junked" in 1948, however there is no evidence that the studio went out of its way to destroy the roughly 500 35mm theatrical prints of the film that would have been struck over the years.
Around 20 minutes of stock footage taken in Atlantic City for use in this film was discovered by John Leifert in the mid-1990s. The footage includes areal scenes, establishing shots of Atlantic City Pier, and staged scenes of employees of the Honeywell Rubber Corporation arriving at the hotel. It's unclear if any of this raw footage was used in the final film.
In February 1956, Jack Warner sold the rights to all of his pre-December 1949 Warner Bros.-First National cataloge to Associated Artists Productions. On March 25, 1986, Ted Turner and his Turner Broadcasting System purchased MGM/UA from Kirk Kerkorian for $600 million, and forming Turner Entertainment Company, Inc. But on 10 October 1996, Turner Broadcasting was purchased by Time Warner and its distribution functions were largely absorbed into Warner Bros. and as a result, Turner now largely serves merely as a copyright holder for a portion of the Warner Bros. library.