After reporting some time ago that Jay-Z invested in the Los Angeles-based fitness company LIT Method, he’s on to a new business venture. This time, the hip-hop legend has his eyes set on Rubin Fanatics‘ company. The establishment is one of the biggest suppliers of sports merchandise in the entire world.
The newfound business partners, according to TMZ, are striving to make their enterprise into a Sportsbook domain. They’ve already applied for a sports betting license in New York.
Sports gambling is specifically on the rise in the Big Apple. Since New York is looking to approve two Sportsbooks, companies like FanDuel, DraftKings, BetMGM, Caesars Sportsbook, and WynnBET are trying to obtain the deal.
Stay tuned for more news about Jay-Z’s and Rubin Fanatic’s agreement here at The Feature Presentation.
