Jay-Z Eyes Vegas Casino

As reported by the New York Daily News: "Place your bets on Jay-Z.

"The record executive wants to build a casino in Las Vegas, business associates tell us.

"It's a logical next step for the instinctual businessman, who journeyed from Brooklyn's Marcy Projects to founding Roc-a-Fella Records and Rocawear with partner Damon Dash.

"After selling the label and stockpiling $300 million, Jay-Z, aka Sean Carter, was named president of Def Jam records in 2004. Oh, and he's a co-owner of the New Jersey Nets basketball team and the 40/40 Club.

"...Jay-Z wants to morph that sports bar's low-key ambience - which he brought to Atlantic City last year - into a full-scale gambling Xanadu, reports one knowledgeable source..."

2006-06-07