Mobile sports betting is coming to Empire City Casino by MGM Resorts! This week the state Gaming Commission said it will grant mobile sports betting licenses to Bet MGM along with Bally Bet, DraftKings Sportsbook, Caesars Sportsbook, PointsBet, Resorts World, Rush Street Interactive, Wynn Interactive and FanDuel Sportsbook. The commission had a virtual meeting Monday afternoon before confirming the licenses were granted. The gross betting revenue will be taxed at 51 percent, according to LegalSportsReport.com, which first reported the news. FanDuel Sportsbook is the primary applicant for Bally Bet, BetMGM and DraftKings, while Kambi Group submitted applications for the others. “With […]

More good news from BCW member Regeneron Pharmaceuticals which this week released a new analysis of data showing that its monoclonal antibody cocktail known as REGEN-COV is effective against Covid-19 infection. Positive results from a Phase 3 trial jointly run with the National Institute of Allergy and Infectious Diseases showed that the drug reduces by 81.6% the risk of being infected by the Covid-19 virus, SARS-CoV-2. The data are from an ongoing clinical trial in which a group of participants received a 1,200-milligram dose of the drug in four injections administered under the skin. The clinical trial involved 1,683 people who were […]

The release earlier this week of Westchester County Executive George Latimer’s Proposed Operating Budget for 2022 features a $2.2 billion spending plan that includes a $64 million surplus to address unforeseen events. “The Business Council of Westchester appreciates the County Executive’s commitment to fiscal restraint as the nation and our county continue to recover from the pandemic downturn. We particularly applaud the County Executive for cutting the county property tax levy by $7 million in his 2022 proposed operating budget. This is the third year in a row that Latimer has cut the tax levy, an essential measure in helping […]

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Two of Westchester’s leading developers who are also BCW members — Rella Fogliano, President & CEO of MacQuesten Development and Louis R. Cappelli, Founder and Managing Member of the Cappelli Organization — were honored Thursday at the March of Dimes 34th Annual Real Estate Awards Breakfast. Fogliano received the coveted March of Dimes Real Estate Award. “I am truly moved to have been chosen for this award. I am grateful to be a part of this industry especially in moments like these when we can help to improve the lives of babies and families,” she said. Cappelli received the Martin […]