Jay-Z Drops Casino Investment Plan


Jay-Z


After being asked to give detailed records of finances if he wants to invest in a new racetrack casino, Jay-Z pulls out of his plan.

Rap mogul Jay-Z has scrapped plans to invest in a new racetrack casino project in New York after state officials allegedly ordered all the backers to hand over detailed records of their finances. The hip-hop star owns a share in the Aqueduct Entertainment Group (AEG) which won a contract to add video slot machines to New York City's Aqueduct Racetrack in Queens.

But Jay-Z - real name Shawn Carter - has now pulled out after officials brought in new rules which will force all the investors to submit comprehensive records on their own finances, and those of their spouses, to the state, according to the New York Observer.

 The order would mean the rap star and his superstar wife Beyonce Knowles would have to turn over private details of their finances. The project is now reportedly set to go ahead without the star's investment.

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Report: Drake Is Actually Gay and His Rihanna Romance Is Fake
  2. Angelina Jolie Found Photos of Selena Gomez and Other Women on Brad Pitt's Phone?
  3. Audrina Patridge Shares Sweet Photo of Her Breastfeeding Her Daughter
  4. Justin Bieber Is Reportedly Pursuing Pamela Anderson
  5. Did Faith Evans Just Expose Her Vagina in Front of the Crowd? See the Evidence!
  6. Rob Kardashian Tweets Kylie's Number as He Blasts His Family for Snubbing Blac Chyna
  7. Angelina Jolie Reportedly Turns to Johnny Depp Amid Brad Pitt Divorce
  8. Brad Pitt and Angelina Jolie Do Have a Pre-Nup. So, Who's the Big Winner?
  9. Taylor Swift Debuts New Haircut, Parties With Gwyneth Paltrow, Mick Jagger at Liberty Ross' Birthday
  10. Report: Taylor Swift Is Pursuing Prince Harry After Tom Hiddleston Split

CELEBS PHOTO