NEW YORK, Aug. 27 (UPI) -- Hip-hop artist and businessman Shawn "Jay-Z" Carter and his partners said Wednesday they are selling their 40/40 Club in Las Vegas for an undisclosed amount.
The 24,000-square-foot sports bar and lounge in The Palazzo and Casino will not operate under the 40/40 brand, as the sale is for the lease and not the naming rights, the partners said. No reason was given for the sale of the Vegas branch of the club franchise.