40/40 Club Closes On Strip

Casino Bought Property Back For Sports Book, Officials Say

POSTED: 9:23 am PDT August 27, 2008

UPDATED: 9:38 am PDT August 27, 2008

LAS VEGAS -- After less than a year, Jay-Z's 40/40 Club in the Palazzo is officially closing its doors.

Casino officials made the announcement Wednesday. The sports-themed night club is being returned to the resort and will be used to create a larger sports book.

"The location of the 40/40 Club will enable our guests to access a very special race and sports book and restaurant environment in The Palazzo," said Rob Goldstein, president and chief operating officer of The Palazzo. "By adding a gaming component to the24,000 square-foot space, we will be able to create an unique environment for our guests."

The 40/40 Club opened in December.

Officials have not said how long the renovations will take. For more information about the hotel-casino, visit the Palazzo's Web site.

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