NyPo is reporting that Jay Z is about to sell his 40/40 Club to Las Vegas Sands Corp. - owners of the Venetian and the Palazzo- for $44 million.
According to the 40/40 Club web site, the 40/40Club "is an all-American sports bar and lounge."
The deal "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," NyPo quotes an insider as saying.
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