JAY-Z Applies for New York Sports Betting License To Form 'Fanatics Sportsbook'

After taking part in a $325 million USD investment in Fanatics last week, JAY-Z, along with his full-service entertainment company Roc Nation, has partnered with the sports e-commerce platform's owner Michael Rubin to apply for a New York gaming license to create Fanatics Sportsbook, according to Forbes.According to official documents filed with the New York State Gaming Commission, JAY-Z will assume a vice chairman position on the board of directors for a new "Fanatics Betting & Gaming" organiz...