Casino License Awards: New York is set to award up to three casino licenses for the NYC region on December 1, with a public meeting scheduled at the CUNY Graduate Center.
Community Review Impact: High-profile bids like Caesars Palace Times Square withdrew due to local opposition, leading to only three remaining contenders: Resorts World New York City, Bally's Bronx project, and the Metropolitan Park casino.
Projected Opening Dates: If awarded a license, Resorts World could start gambling by mid-2026, while the other two projects are not expected to open until around 2030.
Market Context: The article also touches on the performance of casino stocks and the broader gaming market, including the recovery in Macau and the launch of sports betting in Missouri.
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
High
Current: 19.270
Low
Averages
High
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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.
