London
(ANI):
Rapper
Jay-Z
is
said
to
have
scrapped
plans
to
invest
in
a
racetrack
casino
project
in
New
York
after
state
officials
allegedly
ordered
all
backers
to
hand
over
detailed
records
of
their
finances.
Jay-Z,
40,
owns
a
share
in
the
Aqueduct
Entertainment
Group
(AEG),
which
won
a
contract
to
add
video
slot
machines
to
New
York
City"s
Aqueduct
Racetrack
in
Queens,
reports
the
Daily
Star.
But
now
according
to
the
New
York
Observer,
he
has
pulled
out
after
officials
brought
in
new
rules,
which
will
force
all
the
investors
to
submit
comprehensive
records
on
their
own
finances,
and
those
of
their
spouses,
to
the
state.
The
order
would
mean
the
rap
star
and
his
superstar
wife
Beyonce
would
have
to
turn
over
private
details
of
their
finances.
The
project
is
now
reportedly
set
to
go
ahead
without
the
star"s
investment.