If you needed a reminder to never step foot in any establishment co-owned by Jay-Z and/or to avoid Atlantic City at all costs, here you have it. [TMZ]

• Jay-Z is in talks to sell a stake in his 40/40 club to the owners of Las Vegas' Venetian and Palazzo hotels for $44 million. The deal would also allow the club to expand to Europe, a continent clamoring for overpriced Cristal. [Page Six]

• Café Socialista, the downstairs cafe at Armin Amiri's Socialista, is no longer; investors such as Sting, Harvey Weinstein and Ben Silverman will likely reopen it in September as a lounge. [Grub St]