A significant expansion of Resorts World Casino in Queens, New York, has received unanimous approval, positioning it to become the largest integrated resort in the United States. This development involves a partnership with Queens native and acclaimed rapper Nas, marking a major win for the borough's economic landscape. The decision, made by a state board, follows a separate rejection of a casino proposal backed by Jay-Z in Times Square.
Key Takeaways
- Resorts World Casino in Queens received unanimous approval for a $5.5 billion expansion.
- Rapper Nas is a key partner in the Queens project, which will become the largest integrated resort in the country.
- Jay-Z's separate bid for a Times Square casino was rejected by a state advisory committee.
- The Queens expansion is projected to create thousands of jobs and generate substantial revenue for the state.
Queens Project Secures Unanimous Approval
On Thursday, a state board provided unanimous approval for the expansion of Resorts World Casino. This decision allows for a $5.5 billion integrated resort in Queens. The expanded facility is set to become the largest of its kind in the nation. This approval represents a major milestone for the project and its partners.
The Resorts World team expressed gratitude for the support received. Robert DeSalvia, president of Genting Americas East, highlighted the community's backing. He stated that the project will have a significant impact on Queens and the entire state of New York.
"On behalf of the entire Resorts World team, I want to thank the Community Advisory Committee for recognizing the impact we will have not only on Queens but all of New York City and State," Robert DeSalvia said.
DeSalvia further emphasized the strong community support. He noted that no one spoke against the project during the review process. This level of consensus underscores the project's perceived benefits for the local area. Resorts World has operated in Queens for 15 years, aiming to be a positive community partner.
Projected Impact
- Investment: $5.5 billion
- Location: Queens, New York
- Status: Unanimously approved by state board
- Significance: Will be the largest integrated resort in the U.S.
Nas's Role in the Queens Development
Rapper Nas, a native of Queens, announced his partnership with Resorts World in June. He shared his vision for the project through a video. In the video, Nas declared his commitment to building the future in Queens. His involvement brings significant local endorsement to the expansion.
"The future is not something you wait for. It’s something you build… We’re committed to Queens and, in Queens, the future is now!" Nas stated in his announcement.
The rapper's connection to the borough is well-known. His support aligns the project with local identity and community aspirations. This partnership aims to ensure the development benefits the residents of Queens directly.
Another prominent Queens figure, retired NBA star Kenny "The Jet" Smith, also supports the project. Smith is unveiling "The Jet Center." This complex will be a state-of-the-art sports and media facility. It will serve as a centerpiece of the Resorts World Innovation Campus, according to a press release. The inclusion of such facilities highlights the diverse offerings planned for the expanded resort.
Background on Integrated Resorts
An integrated resort is a large-scale development that typically includes a casino, hotel, entertainment venues, convention facilities, retail space, and dining options. These resorts are designed to attract both tourists and local visitors, providing a wide range of amenities beyond just gambling. They often serve as major economic drivers for their regions, creating jobs and generating tax revenue.
Jay-Z's Times Square Bid Rejected
While the Queens project moved forward, a separate casino proposal faced rejection. Jay-Z and his company, Roc Nation, had proposed a Caesars Palace Times Square casino. This bid included a commitment of $250 million in grant money for Hell's Kitchen. However, a six-member state community advisory committee voted against it last week.
The committee's vote was 4 to 2 against the Times Square proposal. This decision effectively ended Jay-Z's efforts to establish a casino in that iconic Manhattan location. The contrasting outcomes for the two prominent figures have drawn attention.
Queens Borough President Donovan Richards commented on the outcome during Thursday's vote. He made a direct reference to the competing proposals. "Sorry, Jay-Z. We win again!" Richards quipped, underscoring the local pride in the Queens project's success.
Casino Proposals Snapshot
- Queens Project (Nas): Resorts World expansion, $5.5 billion, approved.
- Times Square Project (Jay-Z): Caesars Palace, $250 million grants, rejected.
Economic and Community Impact
The Resorts World expansion is expected to bring substantial economic benefits to Queens. Large-scale developments like this often create thousands of construction jobs. Once operational, they also provide numerous permanent positions in hospitality, gaming, retail, and entertainment. This influx of employment opportunities can significantly boost the local economy.
Beyond job creation, the integrated resort will likely generate considerable tax revenue for New York City and State. This revenue can then be invested in public services, infrastructure, and other community programs. The project also aims to enhance the tourism appeal of Queens, drawing more visitors to the borough.
Community engagement has been a key aspect of the Resorts World proposal. The company's long-standing presence in Queens has allowed it to build relationships with local residents and organizations. This focus on community partnership was cited as a reason for the strong support it received during the approval process. The unanimous vote by the Community Advisory Committee reflects this positive relationship.
The integration of sports and media complexes, like "The Jet Center," further diversifies the offerings. This can attract a broader audience and provide additional recreational and educational opportunities for residents. Such facilities can also serve as platforms for local talent and events, further embedding the resort within the community fabric.
Future Outlook for New York's Gaming Landscape
The approval of the Queens casino expansion signals a dynamic shift in New York's gaming industry. With a massive investment and celebrity backing, the Resorts World project is poised to become a major destination. Its projected size and scope will draw visitors from across the region and potentially beyond.
The rejection of the Times Square bid, however, highlights the challenges associated with developing casinos in densely populated urban areas like Midtown Manhattan. Community concerns, traffic impact, and competition for space often play significant roles in such decisions. The differing outcomes for these two high-profile projects illustrate the complex landscape of urban development and gaming regulation in New York.
As the Queens expansion moves forward, it will be a closely watched development. Its success could set a precedent for future large-scale entertainment and gaming projects in the state. The focus will now shift to the construction phase and the eventual opening of the expanded integrated resort, which promises to redefine entertainment in the borough.