Jay-Z's plan to open over 4,000 casino slots at Aqueduct Race Track is said to be disintegrating.

New York’s Gov. Paterson yesterday (10 March) wrote a letter threatening to stop the deal with AEG to open the slots in Queens.

According to reports, in the letter Paterson’s office stated that he will ‘disqualify’ winning bidder AEG. In response to this, Queens Minister Floyd Flake resigned as partner in the project stating:

“Unfortunately, my ongoing participation in Aqueduct Entertainment has become a distraction that has taken me and my attention away from the community projects I created and nurtured. I support Aqueduct Entertainment’s vision for the revitalization of my community through the creation of jobs, retail facilities and other opportunities for growth.”

Jay-Z, had an approximate share of 2% (through his ownership in Gain Global Investments Network) has also backed out of a deal with the Aqueduct Entertainment Group opting instead to invest in the Aqueduct racino it was revealed on 9th March