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Wednesday, August 13, 2008 - 9:12 am ET
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Jay-Z is closing his 40/40 club?

Jay-Z
[Photo Credit: Walsh02 via flickr]

Jay-Z is reportedly looking to sell his club, 40/40 in Las Vegas because the club has allegedly failed to make any profit since its grand opening last year.

He opened the club in December of last year and has since been riddled with bad publicity and lawsuits from the employees over pay. MediaTakeOut says the club’s investors are losing patience with the lack of money rolling in and want to pull out from the deal altogether.

Wednesday, August 13, 2008 - 9:12 am ET
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