Jay-Z has sold his Las Vegas 40/40 club for an undisclosed amount of money. This comes less than 9 months after it's opening.
There have been reports of problems since the place opened in January 2008. It struggled to open for New Year's Eve after reportedly failing inspection.
Disgruntled employees who were fired or resigned also complained to local media shortly after its opening.
The space will reportedly be turned into a sports bar by the hotel. But Jay's not discouraged by this closing, he still plans to open 40/40 Clubs in Chicago, Tokyo and Macau. Hopefully they turn out to be as successful as his Atlantic City and NYC ones.