JAY-Z is about to get richer. Las Vegas spies said the hip-hop mogul’s in talks with the 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. An insider added, “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 Sands will also have the right to open 40/40 clubs in London and across Europe.” A rep for 40/40 didn’t return calls.
Source: Page Six
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[...] Jay-Z is allegedly in talks with Las Vegas Sands Corp. who owns the Venetian and the Palazzo to sell them a 50% stake in his 40/40 night club. This would make 40/40 the largest sport booking agent in Vegas(Cha-Ching!). Las Vegas Sands Corp. would also have the right to open 40/40 clubs across Europe. [...]