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Net Investors Stung by Gaming Bug - Jay-Z Going Vegas

A spokesman for Nets minority owner Jay-Z confirms the hiphop impresario is looking at the possibility of expanding his 40/40 Club franchise into casinos with Las Vegas the likely location. He is not alone among Net investors. The Nets biggest shareholder, Forest City Enterprises, is seeking a casino license in Pittsburgh for a "slots palace", but on Friday failed to get city approval for its plan. FCE, controlled by Bruce Ratner's family, owns 21% of the Nets, Jay-Z about 1.5%.