Beyonce and Solange Glam Up Jay-Z’s Newest Venture (Photos)

Posted on: January 1st, 2008 by: Meg

Jay-Z opened his new Las Vegas club, 40/40 in the new Palazzo hotel and casino on December 30, and Beyonce Knowles and her little sister Solange Knowles were on hand to glam up the gala affair. They graced the red carpet, making quite a striking vision. We’ve got all of the red carpet photos.

Jay-Z’s new business venture, with Juan Perez, is a $20 million, 24,000 square foot sports bar and lounge that features 85 plasma screen TV’s. The facility is the just opened extension of The Venetian and Sands Expo Complex.

The new digs feature 24kt gold and platinum floors, 5 exclusive VIP rooms. There are also 5 forty foot bi-level bars scattered throughout the space. This is Jay-Z’s third location of the famed bar. His New York City location, which opened in June 2003, is a hot spot for entertainment and sports celebrities. The name comes from the elite baseball club of members who have achieved 40 home runs and 40 stolen bases in the same season. There are only 4 official members: Barry Bonds, Alex Rodriguez, Alfonso Soriano and Jose Canseco.

We’ve got more pictures from the press conference and the red carpet event.