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DATE: May 27 2012
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Poker.co.uk - Poker News Archive

Friday 11th January 2008

Rapper Jay-Z Allegedly Loses $500,000

According to MediaTakeOut.com, rapper Jay-Z may have suffered some hard knocks at the poker tables recently in Las Vegas having indulged himself to a spot of high-stakes poker. The man who was reported to have been in attendance at the game said, “It was supposed to be a friendly game with everyone betting only [a few hundred dollars] a hand ... Jay Z was down only about [a thousand dollars] when he raised [another player] $500,000.”

The insider continued, “It was a bold move for Jay Z - unfortunately his pair of queens didn't beat [the other player's] flush.” The source added, “There were professionals at the table, he really should have known better than that.”

The rapper, whose real name is Shawn Carter, is reported to be worth in excess of $500 million not only earning from his musical talents but his business interests in Def Jam Recordings and Roc-A-Fella Records. Jay-Z also co-owns the 40/40 club and the New Jersey Nets., A sustained run of results like that that might see Beyonce’s other half take up other, slightly more pedestrian, games though.

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Source: OnlineCasinoNews

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