Suffolk OTB purchases Jake's 58 for $120M
The deal with Delaware North was approved by the New York State Gaming Commission and other regulators.
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May 28, 2021, 1:38 AM
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Updated 1,301 days ago
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2ds agoSuffolk OTB has officially purchased Jake's 58 in Islandia for $120 million.
The deal with Delaware North was approved by the New York State Gaming Commission and other regulators.
The deal includes the 228-room hotel, casino and adjacent land.
Jake's 58 is the state's most successful casino in revenue per machine operated and contributes more than $100 million annually to education and tax relief.
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