It is open, but apparently not doing much of a business. I did a walk-through last night, and it appears several bars along the strip have had a decline in business, although the Merengue Bar was packed, and a few others were also doing a fairly brisk business.
I think it is a combination of the season, the weather, and the effects of the so-called "crack-down", but that is just a guess on my part. I do know that every business person I have spoken to is looking forward to the arrival of "high season", whenever that might be.