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jay-z-to-sell-his-4040-club-in-las-vegas

Jay-Z to sell his 40/40 Club in Las Vegas!

Jay-ZJay-Z’s 40/40 sports club in Las Vegas will be closing down to be replaced by a race and sports betting site.

As part of the new plan the space and its surrounding area will feature a restaurant as well as a large-scale race and sports center.

President and chief operating officer of the Palazzo, Rob Goldstein, said “By adding a complete gaming component to an already distinctive 24,000 square-foot space we will be able to create a very unique environment for our guests.”
Source: SOHH

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THE AUTHOR...

The Rundown (IS ONLINE!)
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Mood Creative

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29 COMMENTS SO FAR...

Comment pages: [1] 2 » Show All

CertiPHIed
is Winning in these Streetz
Mood Amused
August 28, 2008 at 2:21 PM
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1

 

Damn Jay, first Def Jam, now the 40/40, whats next my dude…B…lol.

aww yeah…NAF

 
Anonymous

Mood Accomplished
August 28, 2008 at 2:23 PM
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2

 

Is this gonna be posted as anonymous too?

 
Anonymous

Mood Accomplished
August 28, 2008 at 2:26 PM
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3

 

That is JENNIFER with that second comment.

 
Mr_843
is Chillin in Kuwait
Mood Grateful
August 28, 2008 at 4:25 PM
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4

 

He must be getting tired. I would guess he stands to profit a good bit from this sale.

 
SKILZS3000
is April is Nat­ional Puerto­ Rican Women­ smell like ­boiled eggs ­month
Mood Creative
August 28, 2008 at 5:24 PM
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5

 

HE had to many lawsuit’s. he stole the idea of the 40/40 from another club. and far as def jam their were to many complaints about him getting rid of ppl thats been with def jam since the the start. like ll cool j who was the very first artist to def jam. jay-z spent tomuch time and money on beyonce and pushed a lot of artist albums back.so def jam did what tey had to do but they did it in in a way that let jay-z keep his image.

 
j-kool

August 28, 2008 at 5:37 PM
6

 

what eva

 
all2hood1

August 28, 2008 at 5:43 PM
7

 

@Skilz3000

You must work for Vibe, XXL, Def Jam, Interscope, or somebody cuz you got the answers. Smhhhh.
O yea Jay-Z doesn’t have an image

 
SKILZS3000
is April is Nat­ional Puerto­ Rican Women­ smell like ­boiled eggs ­month
Mood Creative
August 28, 2008 at 5:47 PM
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8

 

jay-z does have a image of a smart business man. but all his decision dont fly as well as most ppl would think.

 
SexyNDelicious
is happy 2 be h­ome =)
Mood Blissful
August 28, 2008 at 8:25 PM
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9

 

i love jayz 2 death, but people jus dont realize how near-broke dis nigga really is! in 2007 his networth was around $400 million, but most of dat came from him sellin def jam so when u look @ it his behind was really broke, i would say maybe a few mill… people aint buyin CDs like they used 2, bootleggin is on da rise and dis nigga b talkin about “retiring” and sh*t… NIGGA THINK ABOUT RETIRING WHEN U GET ON OPRAH’S LEVEL! lol… but really and truly i do not think he is a good businessman at all and he doesnt make good business decisions, sellin off everythin is not gonna solve ur problem bruh…. BUT I STILL LOVE U THO! =P

 
DANIELLA

August 28, 2008 at 9:26 PM
10

 

I had the pleasure of going to the 40/40 in Vegas. It was a nice spot. Sucks that it’s closing down. But you know Jay-Z will do something else. He’s got something up his sleeve.

 
Russell
is Thinking the­ Bill in Ari­zona is akin­ to Nazi pra­ctices.
Mood Accomplished
August 29, 2008 at 12:20 AM
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11

 

Well miss sexyndelicious, jay made 82 mil last year and was the second highest earner among all rappers, so I doubt that the man was damn near broke.

 
Anonymous

Mood Accomplished
August 29, 2008 at 2:05 AM
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12

 

DAmn, Vegas was tha spot too!

 
Its_DPP

August 29, 2008 at 3:48 AM
13

 

Whats the point, i aint know he had a spot in Vegas, oh well, good try, keep it moving

 
cocolicious
is a PRETTY GIR­LLLLLL!!!
Mood Optimistic
August 29, 2008 at 7:07 AM
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14

 

and he’s still paid!

 
Plankton
is amazed at th­e year '­10 is blazin­g by..
Mood Blissful
August 29, 2008 at 9:06 AM
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15

 

Umm Jay-Z slackin on being a “bidness man”??!..uh-no! lol..SMH..I just don’t know where some folks get their answers..lol..he doesn’t need the sale of his CD’s off retail shelves to make money..he has many. many, many business ventures, interests and huge income streams from all kinds of sources..anyone in the club/ restaurant biz will tell you it’s a labor of love..not so much profit..he needs nothing from his 40/40 club..his business portfolio is packed and profit laden.

 
Pinkaka08
is chillaxin'­...
Mood Cheerful
August 29, 2008 at 10:00 AM
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16

 

Jay-Z is the devil and Bey is his concubine. The devil couldn’t cut it in Sin City? How ironic!!!

 
Miss-Kiwi
is a beauty!
Mood Pretty
August 29, 2008 at 10:22 AM
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17

 

Jay still gon be alright, he got enough bread to open another one else where….shyt, the 40/40 in NY makes a lot of cheese!

 
DivaBabyTX
is hurt up bad!­ RIP Jonatha­n "Milo­" Curti­s. The best ­friend any f­emale could ­ever have
Mood Angry
August 29, 2008 at 2:19 PM
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18

 

Plankton that’s what I’m sayin. Jay got his hand in so many pots The 40/40 was just one of those pots. Him selling it might’ve been a business decision he had to make. I’m sure it didn’t come without some thought.

and skilz what has he bought Beyonce that we know about other than that damn Vintage Rolls which was 2 years ago. Damn I wish you could offer some solid facts with all them random assumptions you be makin

 
the90skid

August 29, 2008 at 6:07 PM
19

 

Him and J.D. taking losses on there businesses lately.

 
Mellow-Fellow
is Thinking about Putting you up on what he has been up too.
Mood Determined
August 29, 2008 at 7:25 PM
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20

 

Ignorant is bliss, jay broke–ahahhahahhaa.
What mags are yall reading. For the record people start businesses so they can make money to sell it at a high price. For the other miss fact, that’s the reason they got rid of dame for dropping people. LL cool j couldn’t sell albums his self and jay didn’t drop him LL just thought he was going to sell a million after all those whack singles especially after def jam spent all that money on that whack ass LL and J Lo song a few years ago.

and check the new vibe and check out his ventures and see if he really broke and they didn’t add the sports team in europe he owns.

Just for the record if you going to speak on something pay attention and make sure it makes sense, because isn’t Jay still down with the Nets–umm yeah he’s broke.

Just for another record he’s not the only owner of the 40/40 club. There are others. give or take about four or five. he’s just the most noticable.

 
DiSByTcHgOt_SwAgg
is minding my fukking business.
Mood Determined
August 30, 2008 at 10:19 AM
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21

 

HMMM I think he will be straight, he got millions put up some where.

 
ANNA13

August 30, 2008 at 1:15 PM
22

 

DAMN HE iiS UGLY.!
AnnA_!

 
akademikn3rd82

August 30, 2008 at 5:28 PM
23

 

Sooo….

What you’re essentially telling me is that his net worth is down to $300 million…instead of $325 million. Sweet….

 
COVERGIRL
is NOKIA 95gb
Mood Restless
August 30, 2008 at 7:11 PM
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24

 

Um. The Palazzo…….Come On!! They buying him out. Are yall crazy. He just flip his property. Smart Move J.

 
SKILZS3000
is April is Nat­ional Puerto­ Rican Women­ smell like ­boiled eggs ­month
Mood Creative
August 30, 2008 at 7:21 PM
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25

 

SOMETHING ppl fail to see when they put out the who made the most money in rap poll. they dont tell you how much of the money they spent last year. jay z spent a grip so he’s not as paid as you might think

 

Comment page: [1] 2 » Show All


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