Jay-Z to open $20M Party Lair in Vegas

Jay-Z, the rapper-turned hip-hop entrepreneur was back at The Venetian to announce the opening of his own venue, a $20 million party lair called the 40/40 Club, scheduled to open in December at the Palazzo, a 3,000-room hotel-casino that will adjoin The Venetian.

Within the "lair" will be a 24,000-square-foot sports-themed restaurant that club promoters say will feature 85 plasma-screen televisions, 24-karat gold and platinum flooring and five 40-foot, bi-level bars. The name refers to baseball players hitting 40 home runs and stealing 40 bases in a single season, a feat accomplished by only four players.

The Venetian is already home to Tao, a restaurant and club that earned an estimated $55 million in sales in 2006, making it the top selling restaurant in the country. Even though the 40/40 may not be tops even in the building it is in, make no mistake--Jay-Z is no dummy, and this will be huge.

Recent Entries:
· Lotto Max Numbers Net Jackpot Win For Two
· Much Ado About Mats Sundin and PokerStars.net
· Misaligned Fruit Smash Scratch Cards Could Void Winnings