City Tatts chief executive Marcelo Veloz said plunging gaming revenue had forced the club to sell its historic clubhouse, which is undergoing redevelopment into a 50-storey tower. City Tatts chief executive Marcelo Veloz said plunging gaming revenue had forced the club to sell its historic clubhouse, which is undergoing redevelopment into a 50-storey tower. National / NSW Sydney Morning Herald – Latest News