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Jay-Z Joins Group of Investors Looking To Open NYC Casino

Hip-hop mogul Jay-Z is looking to expand his business portfolio, and like any good businessman this time it includes gambling. SL Green and Caesars Entertainment have reportedly welcomed one of New York’s finest as a new partner in their potential casino in New York City’s Time Square.

The group of investors are bringing the Brooklyn-born rapper and his Roc Nation, Realty Check, on to be in charge of entertainment programming for several properties in Times Square. SLG, NYC’s largest commercial landlord, has interests in these properties to be a total of more than four million square feet. The location is supposed to be 1515 Broadway.

Anne Wermiel/NY Post

 

The hoped-for casino is set to be called Caesars Palace Times Square. The property will be eight floors in the over 50-story tower between West 43rd and 44th. This will include restaurants, entertainment, and a hotel created in the building above.

Threats to the Business Venture

However, there is concern about the casino threatening local theater sales, but SL Green trusts it will support the industry. In addition, these three will have to compete with a few other investor groups anticipated to submit proposals for the “boutique”-size casino.

Jay-Z said in a statement, “New York is the epicenter of culture. We have the opportunity to create a destination at the heart of the true crossroads of the world… My partnership with SL Green and Caesars has all the promise and commitment to economic opportunity, growth, and enrichment for the community and everyone that visits the Empire State…”

Hov: Hip-Hop Billionaire

The hip-hop billionaire has earned his respect as a businessman entering deals with TIDAL, LVMH, JetSmart, Roc-A-Fella Records, and the list goes on. He has also invested in art and real estate with his superstar wife, Beyoncé, over the years. Carter shows that you can turn one dollar into one million dollars.

JAY-Z
The Come Up Show / CC by 2.0

 

While the casino plans take place, Jay-Z is also dealing with a legal battle over financial transparency between him and Bacardi. As for this opportunity, New York will issue a formal request for a proposal for the casino next month. Then the panel will pass some responses to a state siting committee. Finally, they will hopefully choose one location in the five boroughs before next year.

Written By: Vhannah | Instagram: vhannahmontana

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Lupe Fiasco 15 Years In And Still Working

Grammy award-winning rapper Lupe Fiasco has been around for a while.  He won a Grammy for his hit “Daydreamin “with Jill Scott in 2006.  The Chicagoan is now 40 years old as he first came on the scene in the early 2000s with stamp of approvals from Jay-Z and Ye.  His first two albums were met with high praise, “Food & Liquor” and “The Cool”.  He dropped “Lasers” in 2011 and that topped the Billboard charts that year.  But around that time, Lupe had a few obstacles to deal with.

He wasn’t seeing eye to eye with his label, Atlantic Records.  He also made comments about former President Barack Obama as he claimed President Obama was the “biggest terrorist”.  Both instances did not work out in Lupe’s favor as his name became tarnished around the industry.   Although, he continued to drop music eventually going independent.

Drill Music in Zion

Fast forward to 2022 and Lupe has found himself teaching rap at the prominent Massachusetts Institute of Technology.  The course starts this fall and will involve computing and activism as well.  Before he heads to class, he decided to drop us off an album.  “Drill Music in Zion” was released a few weeks ago and he created the project in only 3 days!  It is being received well, while Lupe continues to work day in and day out.

He spends most of the days dealing with the boring part of rap such as answering emails, phone calls, and following agendas.  This is the business part that he refers to this as scams and scandals.  Originally, Lupe wasn’t going to drop an album, but his label co-owner asked him to.  The album title came to Lupe in a freestyle, and he instantly knew that was going to be the title.  In an interview with XXL, Lupe explained that the album is not about Drill music or Chicago.

“It’s not so much necessarily about Chicago. It’s just the title and it’s how does that title guide certain things?”, said Lupe.

Reality of Drill Music

One thing about Drill music though, Lupe wished it was just entertainment.  The rappers are telling the truth through the Drill music and people all over the world are singing and dancing to it.  He references Pop Smoke, for example.  He was killed as being a part of that type of music and Lupe is not entertained by that.  It’s 2022 and Lupe has been in the game for 15 years now, he feels he doesn’t have a role in hip-hop anymore.  Every now and then, he just wants to pop up and deliver his lyricism to the current generation.

Written by: Brandon Simmons