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
4291 stories by Todd Shriber
Caesars Wraps Up William Hill Asset Sale to 888, Will Allocate Cash to Paring Debt
Caesars Entertainment (NASDAQ:CZR) announced today that it closed the sale of William Hill’s international assets to 888 Holdings. After counting for fees and taxes, the US casino giant is garnering $730 million in net proceeds, meaning the gross sale price was around...
Oakland Votes to Reclassify Port, Deals Blow to Las Vegas A’s Hopes
On Thursday, the San Francisco Bay Conservation and Development Commission voted to alter the classification of a terminal at the Port of Oakland. That potentially deals a blow to Las Vegas’s hopes of being the next home of the Oakland Athletics. The...
Light & Wonder Accepting Lower Price on OpenBet Sale to Endeavor
Light & Wonder (NASDAQ:LNW) and Endeavor Group Holdings, Inc. (NYSE:EDR) are amending their accord pertaining to the previously announced sale of the OpenBet sports wagering business. It now indicates the seller will accept $800 million -- significantly lower than the original price...
Sands Rebound Needs Two More Years, Says Moody’s
Wary Las Vegas Sands (NYSE:LVS) investors waiting on the casino operator to regain its lost form may be waiting another two years. That according to Moody’s Investors Service, which says a full rebound for the Macau giant may not materialize until 2024....
Louisiana Moving Cash from Dormant Sports Betting Accounts to Unclaimed Property Fund
Louisiana will soon move cash from inactive sports wagering accounts to the state’s unclaimed property fund. That will potentially giving the state access to bettors’ forgotten funds. Under Act 510, which was signed into law by Gov. John Bel Edwards (D-LA) earlier...
Las Vegas Sands Among Top S&P 500 Spenders on Private Jets for Executives
Spending by S&P 500 companies on private air travel for top executives hit a record last year, and Las Vegas Sands (NYSE:LVS) was among the contributors to that trend. ISS Corporate Solutions, a unit of Institutional Shareholder Services -- an advisor to...
Gaming and Leisure Draws Praise for Rhode Island Casino Buy
Analysts are constructive on Gaming and Leisure Properties (NASDAQ:GLPI) buying two Rhode Island casinos and leasing those venues back to operator Bally’s (NYSE:BALY) -- a transaction that was announced late Tuesday. Shares of the gaming real estate investment trust (REIT) are lower...
Bally’s Sets $1B Rhode Island Casino Property Deal with Gaming and Leisure
Bally’s (NYSE:BALY) is selling the property assets of its two Rhode Island casinos to Gaming and Leisure Properties (NASDAQ:GLPI) for $1 billion. It will leaseback the venues from the gaming landlord, the companies announced today. Details of the transaction for Bally’s Twin...
Gaming Stock Degradation ‘Overkill,’ Upside Available, Says B. Riley Analyst
Amid escalating fears that a recession is either here or soon will be, gaming stocks are among the most repudiated fare on Wall Street. But some analysts believe the group is enduring overly harsh punishment. In a note to clients today, B....
DraftKings, Penn National Offer Big Upside Potential, Says Analyst
In new, sweeping coverage of gaming equities, JMP Securities analyst Jordan Bender highlights downtrodden DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) as two of the stocks offering investors significant upside potential. Bender’s calls on DraftKings and Penn arrive with gaming stocks out...