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Jay-Z Applies for New York License to Create Fanatics Sportsbook Betting Platform

Michael Rubin Jem Aswad-Senior New York New York reports rapper Music

16.08.2021 - 21:53

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variety.com:

Jem Aswad Senior Music EditorJust days after Jay-Z and Roc Nation took part in a $325 million investment in the Fanatics sports e-commerce platform, the rapper, along with Fanatics onwer and Philadelphia 76ers co-owner Michael Rubin have applied for a New York gaming license to form Fanatics Sportsbook.

The news was first reported by TMZ and ESPN and confirmed by Variety. A rep for Roc Nation had no comment.Fanatics, which was recently valued at $18 billion, holds partnerships with most major sports leagues in the U.S.

as well as multiple apparel companies. Much of that valuation is based on the company’s expected move into the sports gaming world, which is where Jay comes in.

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