The former Marriott hotel in Islandia is being rebranded as Jake’s 58 Hotel & Casino, a reference to its new ownership and exit number on the Long Island Expressway.

Delaware North and Suffolk County Regional Off-Track Betting Corp. are planning to open the first phase of its slots parlor at the hotel later this month with 250 video lottery terminals. The balance of the 1,000 VLTs earmarked for the property will be open for business by the summer, according to a Delaware North spokesman.

Renovations to the hotel’s former banquet and conference space and indoor pool to accommodate the full gaming venue, as well as an expansion of the Bistro 58 restaurant, will continue this winter and spring, according to a Delaware North statement. The company is also planning upgrades to most of the hotel’s 227 rooms.

The former Marriott, which was purchased by a Delaware North Company affiliate for $40.41 million in August 2016, had to be rebranded because the Marriott chain doesn’t allow gambling at its properties, the spokesman said.

The name Jake’s is a nod to the Jacobs family, which has owned Delaware North for more than 100 years.

“The new name is symbolic of Delaware North’s commitment to and enthusiasm for bringing a first-rate entertainment and hotel property to Islandia,” Chuck Kilroy, general manager of Jake’s 58 Hotel & Casino, said in the statement. “Our renovations to create a destination gaming venue are in full swing, and we are also committed to keeping the hotel a preferred lodging option for travelers to Long Island.”

The long-awaited slots parlor is slated to add 215 permanent jobs to the 115 jobs that existed when the hotel was purchased last year. The slots parlor is expected to pour millions into the local economy, according to Suffolk OTB officials, who have said revenue from the casino would lift it out of bankruptcy, paying off $17.5 million worth of debt dollar for dollar.