Texas Sports Betting Efforts: In Texas, attempts to legalize sports betting faced setbacks in 2025 despite strong public support and backing from key figures, with a constitutional amendment required for legalization.
California's Legalization Challenges: California's push for sports betting is focused on partnerships between online sportsbooks and tribal gaming coalitions, with a potential ballot initiative for legalization expected in 2026 or later, amid similar public support.
Growing Momentum: Both states may see increased momentum for legalized sports betting and casinos, driven by the rise of online platforms and the loss of potential tax revenue.
Industry Stakeholders: Major companies involved in the sports betting sector include DraftKings, FanDuel, and MGM Resorts, among others, indicating a robust market presence and competition in the U.S.
Wall Street analysts forecast BETZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BETZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast BETZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BETZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 19.270
Low
Averages
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Current: 19.270
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Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
