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With sports book bid, Jay-Z and Nets renew acquaintances and money making potential

One of the big surprises in the bidding for state sports betting licenses earlier this month was word that Jay-Z as an individual and RocNation corporately had invested in Fanatics Fanatics Betting & Gaming, one of six bidders ... and the one that had also enticed the Brooklyn Nets to join in.

Jay-Z in fact is the vice-chairman of Fanatics Betting & Gaming, which will operate the Fanatics Sports Book if it gets approved. His role, according to the bid, will be “help (Fanatics’ gaming division) attract new customers, engage existing sports bettors, and expand the overall footprint of the Fanatics sportsbook.