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Jay-z Selling his Vegas Club 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. “The sale is a great business decision; we are delighted. We look forward to expanding the brand even further to Chicago and Tokyo,” Carter said in a statement. Carter and his partners said they plan to open 40/40 clubs in Chicago, Tokyo and Macau in the next 12 months. Source: Bossip + View More Celebrity Photos... + Email This Page To A Friend... Web Directory + Black Art + Black Authors + Black Colleges + Black Doctors + Black Hair + Black Health + Black History + Black Lawyers + Black Magazines + Black Models + Black Newspapers + Black Organizations + Black Scholarships + Black Singles BlackNews.com Archives - Find previous articles and columns featured on our site from up to one year ago. BlackNews.com Singles - Meet and network with professional African Americans who are single. BlackNews.com Jobs - Apply for high-paying jobs from employers who are looking to recruit diversity talent. BlackNews.com Photos - View the latest photos of black celebrity actors, singers, and couples. BlackNews.com Directory - Search through our listings of the top African American web sites and resources Search The BlackNews.com Archives   Web BlackNews.com