March 4, 2024
QGTM: Nas Collabs With Resort World Casino To The Tune Of $5BIL
Nas announces his partnership with Resorts World's $5 billion plan to expand its Queens casino, along with new amenities to elevate the surrounding neighborhood.
Nas is officially joining forces with Resorts World and its casino expansion in Queens, New York. The plan to redevelop the property will cost a whopping $5 billion, as announced on Feb. 29.
Nas will be part of its initiative to invest in the community around the casino, which has been operating since 2011. He referred to the plan as an “ambitious” way to uplift his hometown.
“This is an ambitious project that will give new opportunities to the hard-working families who call Queens home, attract top-tier talent, and build up the next generation of leaders,” said the hip-hop artist. “Clearly, with this project, the world is ours.”
Not only will the establishment get a makeover fitting for the Las Vegas strip, but its surrounding neighborhood of Jamaica, Queens, will also get some major upgrades. New amenities include a community park spread across 10 acres, renovations to the Hyatt Regency at John F. Kennedy Airport, and improved methods of travel to the facility.
Robert De Salvio, president of Resorts World’s parent company, Genting America East, released a statement on its “vision” to bring luxury high-rolling to the Big Apple.
“When we stood here more than a dozen years ago to break ground on Resorts World New York City, our vision extended well beyond that already-ambitious original plan — today, that vision can soon become a reality,” expressed DeSalvio, restated in Forbes.
Genting America East also intends to build 3,000 units dedicated to employees who would work at the facility as well. The Nas-backed project is expected to be one of the largest casinos in the world, with construction to begin upon approval for one of three downstate casino licenses available in New York.
The Queens Community Board has already accepted the plans to build the 350,000 square feet property due to its benefits to residents. However, the New York Gaming Commission has to approve Resorts World’s license bid. They are also considering plans from Caesars Entertainment, which is collaborating with fellow New Yorker Jay-Z and his company Roc Nation.
With Nas as the face of its Queens expansion, Resorts World hopes to continue growing its New York casino through this partnership and overall impact in the city.