Nas Wins Key Approval for $5 5 Billion Queens Casino Project But How Much Will He Personally Own?

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I truly hope this casino project becomes an enormous success for you, for the people of Queens, and the people of New York. That’s the million… or maybe even billion-dollar question. So far, neither Resorts World nor Nas has disclosed the size of his stake in the Queens casino project, and it’s important to set realistic expectations.

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Deposits land fast, withdrawals move quick, and every transaction’s easy to track. As you’ll see, Nas walks through a casino, looking left and right at all the cool games. His voiceover talks about how this casino will be “where community gathers to build a future.” Riiiiighhhht.

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Fellow Queens native Kenny “The Jet” Smith is also on board, helping to develop a sports academy on the casino campus. The expansion still requires a full gaming license from New York State, but approval by the local board was a major hurdle. If the license is granted later this year, Resorts World expects to begin operations by mid-2026, with the full buildout complete by the end of the decade. The project is projected to create thousands of union jobs and generate roughly $1 billion a year in new tax revenue for New York.

As a reminder, the project carries a $5.5 billion price tag, funded primarily by Genting Group. And this week, he took the first of many steps on the path to becoming a casino tycoon. Security cameras located throughout the casino are the most basic measure. The Casino Estoril, located in the municipality of Cascais, on the Portuguese Riviera, near Lisbon, is the largest casino in Europe by capacity. Opened in 1865, Monte Carlo Casino, located in Monte Carlo city, in Monaco, is a casino and a tourist attraction. If you use some ad blocking software, please check its settings.

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That changed in 2023 when New York lawmakers authorized up to three full casino licenses in the downstate region. Resorts World, with its existing facility, workforce, and track record, instantly became a frontrunner. He appeared in Resorts World’s promotional materials, spoke at press conferences, and has tied the project directly to his hometown roots.

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