Jake's 58 Expansion To Provide 'Immediate Economic Jolt': Long Island Association

Business & Tech

Jake's 58 Expansion To Provide 'Immediate Economic Jolt': Long Island Association The facility is set to add 1,000 video lottery terminals, an event/convention space, a lounge, sports bar and grill, a shop, and more.

ISLANDIA, NY — The $210 million expansion of Jake's 58 Casino Hotel in Islandia could provide an "immediate economic jolt" to the region, according to the Long Island Association, a non-profit and non-partisan business organization.

The association recently held an event to learn more about the project at an Economic Development & Infrastructure Committee meeting hosted by the venue.

The facility is set to add 300,000 square feet to accommodate 1,000 video lottery terminals and amenities, including an event/convention space, a lounge with outdoor terrace, a boutique gift shop, a sports bar and grill, and a multi-level parking garage.

The project broke ground in April and will employ more than 800 union construction workers and create 125 permanent jobs when the expansion is completed, which is anticipated to be in 2026.

There are also opportunities for small businesses to become part of the procurement pipeline at Jake's 58, according to the Long Island Association. Once completed, the project will enable Jake's 58 to provide hundreds of millions of dollars in additional funding to the New York State Department of Education and revenue to the local community.

"It was exciting for the LIA members to visit Jake's 58 to get a real-time update on a project under construction, which will give an immediate economic jolt to our region," said Matt Cohen, LIA President and CEO, in a news release.

Cohen announced Phil Boyle, president and CEO of Jake's 58, as a new board member of the Long Island Association. He thanked Boyle for hosting the association.

"As a new LIA Board Member, it was truly a privilege to host our Economic Development and Infrastructure Committee at Jake's 58 Casino Hotel to discuss our ongoing expansion project," Boyle said. "There are myriad opportunities for Long Island-based businesses to partner with Suffolk OTB and Jake's 58, so we urge folks to contact us to discuss the possibilities."

Allan Dorman, mayor of the Village of Islandia, said the reconstruction will have a positive impact on the municipality. In 2025, the village plans to eliminate property taxes, Dorman said, according to the news release.

The Long Island Association's Economic Development and Infrastructure Committee evaluates innovative ways to grow Long Island's economy and create good-paying jobs, and examines issues including transportation, housing, real estate, and transformative economic development projects.