{"id":280823,"date":"2023-07-12T08:11:43","date_gmt":"2023-07-12T13:11:43","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=280823"},"modified":"2023-07-31T16:36:39","modified_gmt":"2023-07-31T21:36:39","slug":"jakes-58-casino-gains-preliminary-approval-200m-expansion","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/","title":{"rendered":"Jake’s 58 Casino on New York’s Long Island Gains Preliminary Approval for Expansion"},"content":{"rendered":"

Jake’s 58 Casino Hotel on New York’s Long Island has already gained state approval to significantly expand its gaming floor. But before the property’s planned $200 million expansion<\/a> and renovation project can break ground, local approval from the Village of Islandia is needed.<\/p>\n

\"Jake's
Jake’s 58 Casino Hotel is one step closer to breaking ground on a $200 million expansion. The Long Island video lottery casino wants to double its number of machines from 1,000 to 2,000 terminals. (Image: Newsday<\/em>)<\/figcaption><\/figure>\n

The local approval process took a major step forward Tuesday evening after the Village Board voted 4-0 to approve the preliminary plan for the casino’s overhaul.<\/p>\n

Jake’s 58 is owned by Suffolk Regional Off-Track Betting Corporation (Suffolk OTB). Along with Jake’s 58, Suffolk OTB operates three other off-track betting locations, and 32 QWIK Betz locations. That’s done through partnerships with area restaurants, pubs, and local businesses.<\/p>\n

\n

Suffolk bought out Delaware North’s stake in Jake’s 58 in 2021 for $120 million. The pari-mutuel wagering and video lottery operator later announced plans to double the number of gaming positions at Jake’s 58 from 1,000 to 2,000 seats<\/a>.<\/p>\n<\/div>\n

Jake’s 58 is a video lottery casino. Video lottery terminals (VLTs) appear to be slot machines to the undiscerning gambler, but their outcomes are determined through a centralized computer system that links the machines. Traditional Las Vegas slot machines determine whether a spin wins through an individual random number generator.<\/p>\n

OTB’s Big Bet<\/b><\/h2>\n

New York lawmakers in Albany are preparing to issue three full-scale commercial casino licenses with slot machines, live dealer table games, and sports betting for the downstate region. The odds favor Resorts World New York City in Queens and MGM Resorts’ Empire City Casino in Yonkers for two of the coveted concessions. RW and Empire City are currently racinos that can only offer VLTs and electronic table games.<\/p>\n

As for the third license, a bidding war is underway with companies such as Las Vegas Sands, Caesars Entertainment, Wynn Resorts, and Hard Rock expected to participate. Sands is targeting the Nassau Coliseum, about 30 miles west of Jake’s, for its integrated resort casino.<\/p>\n

Suffolk in February announced it won’t pursue<\/a> one of the Las Vegas-style casino licenses, and will instead focus on its VLT business.<\/p>\n

\n

The proposed expansion would result in 100,000 square feet of new space to allow a VIP gaming lounge, new restaurants and bars, and a structured parking lot. Each of the property’s 227 guest rooms would also be updated.<\/p>\n<\/div>\n

The renovation would include reopening the hotel’s former indoor pool and conference facilities that were shuttered in 2017 to make room for additional gaming machines.<\/p>\n

Before it was Jake’s 58, the hotel structure was the Marriott Islandia. Marriott sold the hotel to Delaware North for $40.4 million in 2016. Suffolk built a casino inside the space and leased the gaming operations from Delaware North until 2021, when Suffolk bought the property.<\/p>\n

Final Vote in August<\/b><\/h2>\n

The Islandia Village Board will host a public hearing on the Jake’s 58 expansion on August 1. Following the discussion, the board is expected to formally vote on allowing the project to move forward.<\/p>\n

If the vote goes Suffolk’s way, the $200 million investment would be cleared to proceed.<\/strong><\/p>\n

Jake’s 58 is one of the most successful VLT locations in New York. In the 2022\/2023 fiscal year, the casino generated gross gaming revenue of nearly $260 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jake’s 58 Casino Hotel is inching forward with its $200 million expansion and renovation project.<\/p>\n","protected":false},"author":25,"featured_media":280827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[82697,87064,83408,83407,34,84476,87065],"acf":[],"yoast_head":"\nJake's 58 Casino Gains Preliminary Approval for $200M Expansion<\/title>\n<meta name=\"description\" content=\"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jake's 58 Casino Gains Preliminary Approval for $200M Expansion\" \/>\n<meta property=\"og:description\" content=\"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-12T13:11:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-31T21:36:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/\",\"url\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/\",\"name\":\"Jake's 58 Casino Gains Preliminary Approval for $200M Expansion\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg\",\"datePublished\":\"2023-07-12T13:11:43+00:00\",\"dateModified\":\"2023-07-31T21:36:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Jake's 58 Casino Hotel is one step closer to breaking ground on a $200 million expansion. The Long Island video lottery casino wants to double its number of machines from 1,000 to 2,000 terminals. (Image: Newsday)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Jake’s 58 Casino on New York’s Long Island Gains Preliminary Approval for Expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jake's 58 Casino Gains Preliminary Approval for $200M Expansion","description":"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/","og_locale":"en_US","og_type":"article","og_title":"Jake's 58 Casino Gains Preliminary Approval for $200M Expansion","og_description":"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.","og_url":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2023-07-12T13:11:43+00:00","article_modified_time":"2023-07-31T21:36:39+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/","url":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/","name":"Jake's 58 Casino Gains Preliminary Approval for $200M Expansion","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg","datePublished":"2023-07-12T13:11:43+00:00","dateModified":"2023-07-31T21:36:39+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"Jake's 58 Casino Hotel on New York's Long Island has already gained state approval to significantly expand its gaming floor.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/c_Nzg3ZDY3NzYtYTU2Ny00_OTM2ZmZh.jpg","width":1200,"height":800,"caption":"Jake's 58 Casino Hotel is one step closer to breaking ground on a $200 million expansion. The Long Island video lottery casino wants to double its number of machines from 1,000 to 2,000 terminals. (Image: Newsday)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/jakes-58-casino-gains-preliminary-approval-200m-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Jake’s 58 Casino on New York’s Long Island Gains Preliminary Approval for Expansion"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/280823"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=280823"}],"version-history":[{"count":4,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/280823\/revisions"}],"predecessor-version":[{"id":283321,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/280823\/revisions\/283321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/280827"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=280823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=280823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=280823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}