Jay-Z sells his Las Vegas 40/40 club

Jay-Z has sold his 40/40 Club in The Palazzo and Casino for an undisclosed amount. The 24,000 square feet club will be transformed into a sports bar and lounge and will no longer use the 40/40 club name.

The club opened 9 months ago and has faced many problems such as disgruntled employees and failing inspection tests.

“The sale is a great business decision, we are delighted. We look forward
to expanding the brand even further to Chicago and Tokyo,” Said Jay-Z.

Jay-Z is planning to open 40/40 clubs in Chicago, Tokyo and Macau in the future.

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