Jake’s 58 On line casino Resort on Lengthy Island desires to grow to be a extra luxurious resort vacation spot for New Yorkers.
Since its opening in February 2017, the Islandia, NY, on line casino has supplied friends almost 1,000 video lottery terminals (VLTs). However apart from the gaming machines, the previous Marriott resort turned VLT on line casino was mild on facilities.
Within the coming months, the on line casino plans to increase its gaming and non-gaming sights. The venture shall be overseen by outgoing New York State Sen. Phil Boyle (R-Islip). Come January, he’ll tackle his new position of president of Suffolk OTB, the Lengthy Island off-track betting and VLT operator that owns and manages Jake’s 58.
“The sky’s the restrict,” Boyle advised Newsday of Jake’s 58’s future. “I believe Jake’s could be much more profitable than what it’s.”
Jake’s has actually been successful throughout its first half-decade in existence.
The VLT property is essentially the most worthwhile video lottery on line casino within the state exterior of New York Metropolis. Through the on line casino’s 2021/22 fiscal yr (April 1, 2021, by March 31, 2022), Jake’s 58 received greater than $248.7 million off of gamblers. Solely Resorts World New York Metropolis ($628.4M) and Empire Metropolis On line casino at Yonkers Raceway ($315.4M) generated extra VLT gross gaming income.
Jake’s is called after the Louis Jacobs household, which owned the on line casino’s bodily property till final yr, when Delaware North — managed by the household — offered the property to Suffolk OTB for $120 million. The “58” within the on line casino’s identify refers back to the Lengthy Island Expressway exit quantity at which the on line casino is situated.
Jake’s 58 On line casino Resort desires to increase the variety of VLT positions it affords on its gaming ground. New York lawmakers earlier this yr signed off on laws that can permit off-track betting services with video gaming terminals in Suffolk County to host as much as 2,000 VLTs. At the moment, Jake’s is restricted to a most of 1,000 VLT machines.
The Jake’s 58 On line casino growth statute was cosponsored by Boyle. The measure handed the state Home and Senate over the summer season, however nonetheless wants New York Gov. Kathy Hochul’s (D) signature.
I believe I can leverage my contacts revamped three a long time in authorities to assist Suffolk OTB get to the subsequent stage,” Boyle added about his future main Suffolk OTB and Jake’s 58.
If Hochul indicators the Jake’s 58 VLT growth invoice as anticipated, the on line casino will bear quite a few different resort upgrades, Boyle mentioned.
Boyle says the property will put money into Atlantic Metropolis-like facilities and sights, together with growing the variety of parking areas from 600 to about 2,000. That features upgrading the property’s eating places and exploring a retail sports activities betting license.
Every of the on line casino’s 227 resort visitor rooms can also be set for a refreshing, Boyle detailed.
New Jake’s, Similar Worth
Whereas Boyle says Jake’s 58 is ready for an overhaul, some issues received’t change.
We’ll at all times have the gaming that we’ve now and the video lottery terminals and the good leisure worth,” Boyle defined as he detailed concepts to include a sports activities betting facility into the on line casino.
By including gaming machines, revitalizing the on line casino’s resort rooms, and presumably constructing a sportsbook, Boyle believes the long run Jake’s 58 will provide “a completely new expertise” for each new and longtime friends.