Reporter:
Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.
Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.
Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.
He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.
Contact Todd at [email protected].
Areas of Expertise
4288 stories by Todd Shriber
2022 iGaming, Sports Betting Legalization Disappointing, Says Analyst
Total addressable market (TAM) is essential to internet casino and online sportsbook operators. The more bettors that have access to these products, the better for gaming companies and their investors. On that note, barring surprises in the back half of the year,...
Esports Entertainment in Survival, Not Growth Mode, Says Analyst
Esports Entertainment Group, Inc. (NASDAQ:GMBL), a tiny online gaming and sports betting company, is now prioritizing survival over top-line growth in a bid to bolster liquidity. Shares of the gaming company are down more than 15% today, extending the 12-month to about...
Oakland A’s Trim Las Vegas Search to Two Venues, Public Funding Not Off Table
Major League Baseball’s (MLB) Oakland Athletics are honing in on two Las Vegas sites as a key vote on the team’s future in the Bay Area looms next month. It’s possible public financing for a move to the largest US casino hub...
NBA Ontario’s Most Wagered-On Sport, Third of Residents Bet Weekly, Survey Says
Single-game sports wagering has been live in Canada’s largest province for just short of two months. But some clear trends are already emerging, including the point that more than a third of Ontarians are betting at least once a week. That’s among...
Wynn CEO Craig Billings, Other Execs Reduce 2022 Salaries for Stock
Wynn Resorts (NASDAQ:WYNN) CEO Craig Billings is among the high-ranking executives at the gaming company taking reductions in 2022 cash salary in exchange for shares of the casino operator. A batch of Form 4 filings with the Securities and Exchange Commission (SEC)...
Inspired Entertainment Interesting iLottery Idea
With a market capitalization of just $275.25 million, it stands to reason that Inspired Entertainment (NASDAQ:INSE) is overlooked in the gaming equity conversation. One analyst argues that shouldn’t be the case. In a note to clients, B. Riley analyst David Bain reiterates...
MGM Investor Barry Diller Gets Limited License from Nevada Gaming
The Nevada Gaming Commission (NGC) has granted a limited license to Barry Diller, the media mogul whose IAC/InterActiveCorp (NASDAQ:IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM). That's following an inquiry into a federal investigation of the billionaire’s purchase of Activision...
Bally’s Stock Sentiment Close to Bottom, Says Analyst
Bally’s (NYSE:BALY) is among the many repudiated gaming equities. A 12-month decline of 53.49% confirms as much. But at least one analyst says sentiment on the downtrodden name is nearing a bottom. In a note to clients, Stifel’s Jeffrey Stantial reiterates a...
MGM, Penn Among Contributors to Casino Stock Buyback Bonanza
Led by MGM Resorts International (NYSE:MGM) and Penn National Gaming (NASDAQ:PENN), among others, casino stocks are prime territory for share repurchase programs. Gaming industry shareholder rewards, including buybacks and dividends, were halted in the early days of the coronavirus pandemic. But casino...
BetMGM Expands Gift Card Distribution to Grocery, Hardware Stores
BetMGM and its gift card partner TAPPP are unveiling a massive expansion of that progam's gift card distribution network. On Tuesday, the companies said the number of retail stores carrying BetMGM gift cards will “roughly double” in the current quarter to more...