{"id":3443,"date":"2024-09-26T14:59:26","date_gmt":"2024-09-26T14:59:26","guid":{"rendered":"http:\/\/restaurace-pohoda.eu\/?p=3443"},"modified":"2024-10-03T13:31:19","modified_gmt":"2024-10-03T13:31:19","slug":"jakes-58-casino-breaks-ground-on-new-building-and-parking-garage","status":"publish","type":"post","link":"http:\/\/restaurace-pohoda.eu\/index.php\/2024\/09\/26\/jakes-58-casino-breaks-ground-on-new-building-and-parking-garage\/","title":{"rendered":"Jake\u2019s 58 Casino Breaks Ground on New Building and Parking Garage"},"content":{"rendered":"

Jake\u2019s 58 Casino Hotel on New York\u2019s Long Island is undergoing a $210 million renovation and expansion, and construction on the resort\u2019s new building in Islandia is set to soon begin.<\/span><\/p>\n

\"Jake's
Work has begun on a building that will expand Jake\u2019s 58 Casino Hotel on New York\u2019s Long Island. The project will double the number of gaming positions at the video lottery property. (Image: Suffolk OTB)<\/figcaption><\/figure>\n

Jake\u2019s 58 is embarking on its next chapter as new competition is set to arrive in the coming years with three integrated resort casinos in the downstate region. While Suffolk Regional Off-Track Betting Corp. (Suffolk OTB), the parent of Jake\u2019s, isn\u2019t bidding for one of the three full-scale casino licenses that include privileges for slot machines, live dealer table games, and sports betting, the company is making a big bet to solidify Jake\u2019s position in the New York gaming market.<\/span><\/p>\n

Suffolk OTB President and CEO Phil Boyle says the investment focuses on attracting new patrons to the complex.<\/span><\/p>\n

\n

Once completed, the expansion will allow us to host corporate outings, conventions, trade shows, and musical events,\u201d Boyle told Long Island Business News<\/i><\/a>. \u201cFor example, I think Jake\u2019s 58 will become the perfect venue for first responders to host their installation dinners. The possibilities are endless.\u201d<\/span><\/p>\n<\/blockquote>\n

Jake\u2019s operates slot-like video lottery terminals (VLTs) through a central lottery system<\/a> managed by the New York Gaming Commission (NYGC). The 11 VLT casinos in the state keep about 46% of the machines\u2019 gross revenue and direct 44% to the state for K-12 public education. The remaining 10% is earmarked for gaming vendors and the administration of the video lottery central system.<\/span>\u00a0<\/span><\/p>\n

Expansion Features<\/b><\/span><\/h2>\n

Suffolk\u2019s $210 million investment<\/a> includes each of the hotel\u2019s 210 guestrooms undergoing a much-needed makeover. The current casino, which sits inside what was once a Marriott hotel lobby, is also being refreshed.<\/span><\/p>\n

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The expansion work that\u2019s beginning this week is to construct a 110,500-square-foot building directly behind the long-standing hotel. The connected structure will expand the casino floor to double the number of VLT positions<\/a> from 1,000 to 2,000. The new gaming area will also house a 17,500-square-foot VIP lounge and entertainment area.<\/span><\/p>\n<\/div>\n

About 3,500 square feet will be reserved for weddings, parties, and other events. A 200-seat food court is also in the blueprint.<\/span><\/p>\n

Along with the building, Suffolk is investing in a 3.5-story parking garage that will accommodate up to 500 vehicles. Parking has been an issue at Jake\u2019s, which currently only has surface parking lots. When busy, patrons, many of whom are older, must walk considerable distances to reach the casino.<\/span><\/p>\n

Completion of the new facilities is scheduled for the first quarter of 2026. Once the expanded casino is up and running, local residents are expected to see their property taxes eliminated<\/a>. Jake\u2019s has pledged to up its annual commitment to the local Islandia government from $2.25 million to $4.25 million.<\/span><\/p>\n

Sportsbook Plea<\/b><\/span><\/h2>\n

Though Jake\u2019s isn\u2019t pursuing full casino rights, Boyle does think state lawmakers in Albany should expand sports betting to VLT establishments, racinos, and off-track betting parlors.<\/span><\/p>\n

\n

There are three million people on Long Island and no sportsbook,\u201d Boyle said.<\/span><\/p>\n<\/blockquote>\n

Long Island sports bettors can\u2019t visit a physical book without traveling upstate, at least until the three downstate casinos open, but New York is home to legal online sportsbooks.<\/span><\/p>\n

The post Jake\u2019s 58 Casino Breaks Ground on New Building and Parking Garage<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jake\u2019s 58 Casino Hotel on New York\u2019s Long Island is undergoing a $210 million renovation and expansion, and construction on the resort\u2019s new building in Islandia is set to soon begin. Work has begun on a building that will expand Jake\u2019s 58 Casino Hotel on New York\u2019s Long Island. The project will double the number…<\/p>\n","protected":false},"author":1,"featured_media":3445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3443"}],"collection":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/comments?post=3443"}],"version-history":[{"count":2,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3443\/revisions"}],"predecessor-version":[{"id":3446,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3443\/revisions\/3446"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media\/3445"}],"wp:attachment":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media?parent=3443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/categories?post=3443"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/tags?post=3443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}