When Jay-Z spits on his newest single “Jockin’ Jay-Z” that he’s “the only rapper still gettin’ money in a drought,” he clearly wasn’t joking around.
In an article from the NY Post, a Vegas insider has claimed Jay-Z is currently in talks to sell 50% of his stake in the 40/40 Club to the Las Vegas Sands Corporation. Owners of the Venetian and the Palazzo, the Sands Corp. is ready to “make the 40/40 club in Vegas the largest sports booking operation,” the insider said.
Located in the Palazzo respectively, the Vegas 40/40 sports bar and lounge first opened last December to kick off Lebron James’ 23rd birthday. Since then it, has become one of Vegas’ most popular night spots. With its expected integration into a casino-like atmosphere, it will give people the option to “gamble both at the tables and on games.”
The deal, though highly invested in the Vegas 40/40 club currently, will also give Sands Corp. the rights to open a 40/40 club in London, with the intent to spread the chain across Europe. As of now, there are 40/40 clubs located in Las Vegas, Atlantic City, New York, and plans for openings in Tokyo and Macau.
There is no word as of yet from Jay-Z’s camp to confirm the deal.
