Jay-Z To Sell 50% Stake In His 40/40 Club?
Published Wednesday, 13th August, 2008 at 9:09 PM
Jay-Z is currently in talks to sell a 50% share in his Las Vegas-based 40/40 Club, reports the NY Post.
Apparently Hova is discussing the partnership with Las Vegas Sands Corp., who already own the Venetian and Palazzo.
"That will make the 40/40 club in Vegas the largest sports booking operation," says an insider. "People can gamble both at the tables and on games. The Sands will also have the right to open 40/40 clubs in London and across Europe."
Last month it was reported that the 40/40 Club was hit with a class-action lawsuit by former employees, over complaints about wages.
