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
Red Rock Stock Primed for Upside on Las Vegas Locals Strength
Red Rock Resorts (NASDAQ: RRR) stock could be a winner amid ongoing strength in the Las Vegas locals market -- the operator's key constituency. That’s the take of Susquehanna analyst Joseph Stauff, who initiated coverage of the casino operator with a “positive”...
Bally’s Buys Trump Bronx Golf Course, Hopes for New York Casino License
Bally’s (NYSE: BALY) is reportedly purchasing Trump Golf Links at Ferry Point in the Bronx, NY, in hopes of eventually building a casino on the property. The links is currently owned by the Trump Organization, President Donald Trump’s family conglomeration. Citing unidentified...
DraftKings Picks Up Sponsorship of ‘NFL RedZone’
DraftKings will reportedly become the presenting sponsor of the NFL Network’s? NFL RedZone?-- the popular look-in show that allows viewers to watch multiple games at once. Neither the gaming company nor the league made an official announcement regarding the parternship. But multiple...
Okada Manila Notches Legal Win, Court Rules SPAC Deal Can Be Terminated
Universal Entertainment Inc. and its affiliates with ties to the Okada Manila integrated scored a legal victory Thursday when a judge in the Delaware Court of Chancery ruled the gaming entity doesn’t need to move forward with a reverse merger proposed by...
MGM CEO Bill Hornbuckle Bullish on Las Vegas, Japan, Eyes UAE
MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle is bullish on the company’s positioning in Las Vegas, noting the operator stands to benefit from a slew of upcoming marquee events at local arenas and stadiums. In comments made Thursday at the Bank...
VICI Properties, Casino Landlord, Boosts Dividend 6.4%
VICI Properties (NYSE: VICI), the largest casino landlord in the US, announced Thursday it is increasing its quarterly dividend to 41.5 cents a share from the current rate of 39 cents. That means the Caesars Palace owner’s annual payout will rise 6.4%...
College Athletes Harassed by Bettors, 72% of Schools Deal with Wagering Woes, Says NCAA
College athletes are on the receiving end of vitriol from bettors, and 72% of universities are dealing with sports wagering issues tied to athletes or staff over the past year, according to a new NCAA survey. Compliance officials at NCAA member universities...
Credit Card Spending Trends Could Signal Softness Ahead for Casinos
Since the start of 2022, a period including a stretch of the highest inflation in 40 years and the highest interest rates in two decades, the casino gaming industry mostly dealt with macroeconomic headwinds with aplomb. Some data points indicate that could...
Rush Street Interactive Debuts Prop Central for Football Season
Looking to tap into bettors’ growing affinity for prop wagers, Rush Street Interactive introduced “Prop Central” in time for the start of the 2023 season. Chicago-based Rush Street Interactive, which operates online and retail sportsbooks under the BetRivers and PlaySugarHouse brands, noted...
ESPN Bet Unlikely to Threaten FanDuel, DraftKings Dominance, Says Analyst
In news last month that temporarily rocked the sports wagering landscape, Penn Entertainment (NASDAQ: PENN) announced it will pay $1.5 billion over 10 years to license the ESPN Bet brand. That's while parting ways with Barstool Sports for a mere $1. While...