Vol. 7 No. 10, October 2008, Nutshell
40/40 Club to Close for Race and Sports Book
Eight months after the 40/40 Club opened, Las Vegas Sands announced it will buy back the lease and close the club so the company can build a 24,000-square-foot race and sports book. The Palazzo does not have a book. There is only a small window for sports wagers adjacent to the 40/40 Club and the book at the connected Venetian. “By adding a complete gaming component, we will be able to create a very unique environment for our guests,” said Palazzo President Rob Goldstein. The club, owned by hip-hop mogul and businessman Jay-Z, will close at the end of September, and the new book should be operational as soon as October or November.
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