Shia LaBeouf Regrets Glay Slur Video

Shia LaBeouf is "very embarrassed" about a video posted on YouTube in which he uses an homophobic slur in jest, the star's rep says.

The video �" which circulated around the Internet on Monday but has since been taken off YouTube �" was recorded several years ago, LaBeouf's rep told E! online.

In it, LaBeouf appears to be at a house party where, in an attempt to entice his friend into a slapping contest, the star calls the friend an anti-gay slur �" and gets hit in return.

"The videotape that is currently being circulated is several years old and captures Shia playing a game among friends in which he uses a derogatory word toward a friend," LaBeouf's rep continued. "He regrets having used the word in any capacity and is very embarrassed that this footage is being seen by anyone."

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Watch Shia's controversial video here