Jay-Z’s Sports Betting Company Suffers Loss Amid Partner David Portnoy’s Scandal

Jay-Z‘s sport betting agency with Barstool Sports activities actions founder David Portnoy was not chosen by the New York state gaming charge amid Portnoy’s robust intercourse allegations.

The 44-year-old net famous person was accused of being sexually violent by plenty of ladies and filming them with out consent.

In response to sources, the state’s gaming committee met on Monday to determine on two groups to produce cell or on-line sports activities actions betting. Nonetheless, the delegation didn’t select Jay Z and Portnoy’s agency for a license after being positioned fourth behind one different group often known as Guess 365.

Experiences indicated that the two groups helpful by the gaming charge to launch on-line sports activities actions betting had been the consortium of Bally Guess -BetMGM, DraftKings, and FanDue, along with the teams from Caesars -Wynn Interactive, Empire Resorts, PointsBet, and Rush Avenue Interactive.

The insider claimed the online sports activities actions betting will be anticipated to start out working in New York ahead of this 12 months’s Tremendous Bowl. The state anticipates nearly $1 billion in earnings subsequent 12 months to be minimize up between the state and the operators.

The informant moreover revealed the groups chosen by New York’s gaming charge have conceded to divide over 51 p.c of their earnings to the state, which exceeded far previous the minimize up in most states the place on-line sports activities actions betting is permitted.

For example, in New Jersey, the operators share solely 13 p.c of their earnings with the state, whereas Connecticut took in 13.75 p.c of earnings from their operators. Totally different states charged as little as 6.75 p.c.

Every Jay Z and Portnoy are nonetheless however to the touch upon the reported verdict from the state gaming charge.

As Radar beforehand reported, plenty of ladies had come forward to allege Jay-Z’s enterprise affiliate for committing violent sexual acts in direction of them, along with choking one in all many alleged victims so arduous to the aim she “couldn’t breathe.”

One woman named Madison claimed she felt like she was “being raped” all through the encounter.

“I was so robust I felt like I was being raped he video taped me and spit in my mouth and choked me so arduous I couldn’t breathe,” she knowledgeable Insider. “And it hurt, and I was really screaming in ache.”

One different woman moreover confessed she was choked and recorded with out consent nevertheless requested the reporter to not reveal explicit particulars of her experience in fear of Portnoy “would say one factor in public or share films of me.”

In response to the allegations, the Barstool founder’s lawyer knowledgeable the outlet the claims portrayed throughout the article “embody half-truths, are extraordinarily misleading, lack relevant context, and appear to have been provided to you by individuals whose motivations and trustworthiness must a minimum of have been completely vetted.”