Is Jay-Z Selling The 40/40 Club?
According to various sources Jay-Z is in talks to sell a 50% stake in his 40/40 sports bar.
Jay-Z is said to be in talks with Las Vegas Sands Corp. - owners of the Venetian and the Palazzo - to sell them a 50 percent stake in his sports club, 40/40, for $44 million.
That will make the 40/40 club in Vegas the largest sports booking operation. People can gamble both at the tables and on games.
The deal will also give the Las Vegas Sands Corp. the right to open 40/40 clubs in London and across Europe.
SOURCE: The New York Post's Page Six
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