The Cosmopolitan was recently inaugurated in Las Vegas and it created expectations of a revitalization of the gaming industry. Rumor has it that hip hop star Jay-Z will receive $1 million to perform at the casino on New Year’s Eve.

Jay-Z is Beyonce’s husband and he will not be alone in the gaming venue because other stars will join him. Coldplay will also perform joined by actress Gwyneth Paltrow, married to Coldplay leading singer Chris Martin, who is now trying to build her career as a country music singer and will be a special guest of the British band.

Jay-Z’s New Year’s Eve parties usually are the hottest parties in town, which makes casino representatives believe this one will be successful too. The Cosmopolitan is said to have spent a lot on the party to make it unique.

Jay-Z seems to be willing to help the casino boost attendance during a rough time since he does not really need the money. A total of 2,500 fans will attend the concert and they will have the chance to stay in the more than 3,000 rooms the casino Cosmopolitan offers.