Wednesday, August 13, 2008

40/40 Club Sale Update

The other day rumors started floating that Jay was selling his Las Vegas 40/40 Club. Today's rumors say Jay is in talks to sell a 50% stake in the 40 to the Las Vegas Sands Corp. - owners of the Venetian and the Palazzo, for 44 million. They say if the deal goes through, the 40/40 will become Vegas' largest sports booking operation, allowing folks to 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.