Empire Resorts, Inc. (NASDAQ:NYNY)
The company through its subsidiaries, owns and operates Monticello Raceway, a harness horseracing facility located in Monticello.
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Just got what they needed from the administration. Should continue momentum forward.
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The window of opportunity is narrow, but the upside is enormous!
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Shumer is leaning on Obama to change federal law to allow Indian gaming off of reservations. This is going to happen before Christmas. Get in now, stock will be $5 by 2010 and 12-15 by 2011.
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This stock wants to trade near double its current price. While the financials are not there to justify the performance. This stock has historically been highly cyclical.
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Movement has been positive for a number of months, and will keep this track - enjoy and ride the train!
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good stock nys just approved them to build a casino in the catskills. they have applied for funding and just waiting on capitol hill approval. its at a low and a good buy
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this stock as well has hit its low. the nys legislature has approved a bill allowing this company to build a casio with video lottery terminals in the Catskills. the company has applied to get funding for the project and once it passes in DC on capital hill, this stock is going to fly. now is the best time to get in.
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Everything hinges on their Monticello casino getting done. The governor, Spritzer, wants it, the politician's want it and the residents want it. I think it could really revitalize the Catskill region. Only some obstuctionist environmental groups are standing in the way. They've already gotten all the environmental go aheads so it won't be long before the courts recognize the frivolity of all the litigation.
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Empire is going to succeed in building the casino by the track and will bring in real $.
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Convenience from AC & FOXWOODS AND Mohegan
is a huge plus and the
casino is constantly packed,ive been going and observing, not to mention sullivan cty and a potential Aquaduct racetrack casino deal is a buy
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Gambling in sullivan county is comming and there is no other game in town.
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Seems like land in trust will happen with St. Regis. grandfather exemption in congress.
Governor seems to be on board.
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This will be the only casino in the catskills.The only obstacle right now is our new governor.The good news is he is for reviving the Catskill region and sullivan county is primarily demacratic.
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25% gain by year end
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