Jay-Z Announces Plans for New 40/40 Club in Las Vegas

During a press conference in Las Vegas yesterday (September 6), Jay-Z announced his plans for a third 40/40 Club in Sin City. MTV News reports that the new branch of the mogul’s upscale sports bars will reside in the luxurious Palazzo Hotel and will feature 24-karat gold and platinum floors, 85 plasma TVs and five V.I.P. suites. The $20 million, 24,000 sq. ft. venue is set to open on December 20. Jay also hinted at plans to purchase real estate in Vegas and possibly even tie the knot with longtime girlfriend Beyonce Knowles. Jay already co-owns 40/40 franchises in New York and Atlantic City.