Nas invested in the expansion project of Resorts World casino in his hometown of Queens, New York City. Last Tuesday, Resorts World officially opened an expanded gambling area featuring over 200 games with live dealers, including blackjack, craps, baccarat, and roulette, as well as more than 2,500 slot machines, according to NBC New York.
Its parent company plans to add more tables and slot machines later this year. They have also committed to building a new hotel, restaurants, a 7,000-seat entertainment venue, and over 12 acres of new public green space on the 72-acre site, as reported by NBC New York.
The casino expansion is reportedly a $5 billion project aimed at providing a Las Vegas-style gambling experience in the city, complete with live entertainment. According to the company’s press release, the building will grow to 350,000 square feet, making it one of the largest casinos in the world. It will also feature 3,000 units of workforce housing, more than 50 acres of new and dedicated park space, and improved transit connections to JFK Airport and Manhattan.
Nas supports the project because he believes it will bring prosperity to his former community: “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. Clearly, with this project, the world is ours.”
The Grammy Award-winning artist has shared recent photos on his Instagram, showcasing his lively interactions with patrons at the casino following the expansion.
The Queens rapper seems to have his hands full with numerous lucrative opportunities. His entertainment company, Mass Appeal, has recently partnered with Eli Roth’s company, The Horror Section, to develop film and television projects.
Additionally Nas also joined forces with Steve Stoute, along with Ben Horowitz, a co-founder of Andreessen Horowitz, and his wife, Felicia Horowitz, to establish the Paid in Full Foundation. This foundation provides financial support to legendary hip hop artists who were not adequately compensated during their careers. Thus far, Rakim, Scarface, Roxanne Shanté, Kool Moe Dee, Grandmaster Caz, Kool G Rap, Grand Puba, and George Clinton have been recognized and funded by the foundation.
As a successful venture capitalist, Nas co-founded Queensbridge Venture Partners in 2013. The fund has reportedly generated over $200 million from early investments in technology and other industries, including Coinbase, Ring, Lyft, Dropbox, and Robinhood.
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