Jay-Z sells 50 percent stake in the 40/40 Club for $44 million

JAY-Z is about to get richer. Las Vegas spies said the hip-hop mogul's in talks with the Las Vegas Sands Corp. - owners of the Venetian and the Palazzo - to sell them a 50 percent stake in his sports club, 40/40, for $44 million. An insider added, "That will make the 40/40 club in Vegas the largest sports booking operation. People can gamble both at the tables and on games. The Sands will also have the right to open 40/40 clubs in London and across Europe." A rep for 40/40 didn't return calls.