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
4289 stories by Todd Shriber
MGM Investor Diller Gets Another Chance at Nevada Gaming License
Barry Diller, whose IAC/InterActiveCorp (NASDAQ: IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM), will get another shot at a full gaming license when he appears before the Nevada Gaming Control Board (NGCB) Wednesday. His appearance before the regulatory agency comes...
Hard Rock, Royal Caribbean Unveil Loyalty Program Agreement
Tribal casino giant Hard Rock International and Royal Caribbean Group on Friday announced a wide-ranging agreement pertaining to members of both companies' travel and leisure loyalty programs. Members of the Unity by Hard Rock, Celebrity Cruises’ Blue Chip Club, and Royal Caribbean’s...
Boyd Stock Bludgeoned on Rising Las Vegas Locals Competition
Increased competition in the Las Vegas locals market, namely in the form of the Durango Casino & Resort, was among the reasons Boyd Gaming (NYSE: BYD) missed first-quarter earnings estimates, trigging a massive selloff in the stock today. The regional casino operator...
GLPI Execs Say Tropicana Met Usefulness, Interested in Bally’s Chicago
On the real estate company’s first-quarter earnings conference call, Gaming and Leisure Properties (NASDAQ: GLPI) executives signaled the recently Tropicana Las Vegas met its shelf life and the fate of the venue operating as a casino resort wasn’t in the long-term cards....
Nassau County to Redo Lease Approval in Bid to Help Las Vegas Sands
Nassau County officials will reconfigure a previously reached lease agreement with Las Vegas Sands pertaining to the Nassau Coliseum in Uniondale, NY to help the gaming company procure one of three downstate casino licenses. Last May, Nassau County legislators voted 17-1 in...
Colorado Voters Could Send More Sports Betting Tax Revenue to Water Projects
Colorado voters could decide this November to lift the cap -- currently $29 million -- on sports wagering taxes that are directed to water projects in the state. House Bill 24-1436 (HB 24-1436) has bipartisan support in both houses of the Colorado...
ESPN Bet Sportsbook Debuts at Greektown Casino in Detroit
The first retail sportsbook bearing the ESPN Bet name opened Wednesday at Penn Entertainment’s Hollywood Casino at Greektown in downtown Detroit. Penn has been using the ESPN brand on its mobile sports wagering platform since last November after inking a 10-year, $1.5...
Churchill Downs Posts Record Q1 Revenue, Analyst Bullish on Virginia Properties
Shares of Churchill Downs (NASDAQ: CHDN) jumped 3.74% in after-hours trading Wednesday after the gaming company reported record first-quarter sales and earnings that topped Wall Street estimates. The operator of the famed Kentucky racetrack of the same name said it earned $1.08...
Inflation, Interest Rates Weighing on Gaming Industry M&A, Says Analyst
Entering this year, it was widely expected that the Federal Reserve would pare interest rates from 20-year highs, potentially unleashing a wave of mergers and acquisitions activity in the casino gaming industry, but that scenario hasn’t materialized. Following a string of stubbornly...
Einhorn’s Greenlight Capital Takes Penn Entertainment Stake
Shares of Penn Entertainment (NASDAQ: PENN) jumped 2.4% Wednesday on volume that was 55.7% above the daily average after David Einhorn disclosed that his Greenlight Capital took a “medium sized” stake in the regional casino operator in the first quarter. In a...