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Old 08-27-2008, 01:37 PM   #1
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Default Jay-Z Announces Sale of Vegas 40/40

Jay-Z Announces Sale of Vegas 40/40

Jay-Z Announces Sale of Vegas 40/40
Published Wednesday, August 27, 2008 11:20 AM

By Nolan Strong

Rap star Jay-Z and his business partners have officially announced the sale of the 40/40 Club in Las Vegas for an undisclosed amount, AllHipHop.com has confirmed.



The 24,000 square foot sports bar, which is located in The Palazzo and Casino, will no longer operate under the 40/40 brand, as the sale is for the lease and not the rights to the name.



"The sale is a great business decision, we are delighted. We look forward to expanding the brand even further to Chicago and Tokyo ," Jay-Z told AllHipHop.com in a statement released today (August 27).



Over the next year, Jay-Z and his business partners will open 40/40 sports bars in Chicago, Tokyo and Macau.



The Las Vegas 40/40 Club was opened in December of 2007.

Source: allhiphop
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Old 08-27-2008, 06:51 PM   #2
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I heard Jay only owns like 10% of 40/40 and he just the face... Nice place club tho...
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Old 08-27-2008, 09:16 PM   #3
 
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this site is pissin me of i wanna download stuff why cant i?
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Old 08-28-2008, 01:58 AM   #4
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Yeah... Jay Z never owns somthin' 100%
Nigga owns a small piece to the Nets and they movin' da shit 2 Brooklyn... Economy is fucked up
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