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, Penn National to Be Avoided or Shorted, Says Wells Fargo
Second-quarter earnings season could be challenging for companies across a variety of industries. With? casino equities slumping, Wells Fargo is telling clients to avoid or short Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming (NASDAQ:PENN). On the back of a 17.31% loss over...
Las Vegas Sands Stripped of Investment-Grade Rating by Fitch
Amid a slower-than-expected recovery in Macau, Las Vegas Sands (NYSE:LVS) is the latest casino operator to see its investment-grade credit mark pulled by a major ratings agency. Fitch Ratings recently downgraded the Venetian Macau operator to 'BB+' from 'BBB-' while maintaining “credit...
AGS Gaming Tech Company Bullish on Supreme Court Texas Bingo Ruling
The Supreme Court ruled on Wednesday that Texas cannot block the Ysleta del Sur Pueblo from offering bingo games on its reservation near El Paso. Gaming company AGS (NYSE:AGS) is bullish on the high court’s decision. The decision extends the Supreme Court’s...
Sands China, Wynn Macau Most Affected by Macau Dividend Rule, Says Bank
Under Macau’s new gaming law, concessionaires need to notify Chief Executive Ho Iat-seng of plans to pay dividends. Credit Suisse analysts say Sands China and Wynn Macau are the operators most affected by that requirement. The final draft of Macau’s amended gaming...
LVS Needs to Provide Capital to Sands China, Says Credit Suisse
Las Vegas Sands (NYSE:LVS) needs to provide its Sands China unit with $413 million in cash to come into compliance with Macau’s new gaming laws, according to Credit Suisse. Analysts at the bank say Sands China is currently the only one of...
Texas Tribe Hits Bingo in Supreme Court Case
The Ysleta del Sur Pueblo, a Texas Native American tribe, scored a Supreme Court victory today in its quest to offer bingo games in the second-largest state. In a 5-4 ruling, the Court said federal law doesn’t allow Texas to prevent the...
Wynn Loan to Macau Unit Negative Sign, Others Could Follow, Says Morgan Stanley
Wynn Resorts (NASDAQ:WYNN) extending a $500 million credit revolver to its Wynn Macau unit is a negative sign. But other concessionaires in the world’s largest casino center could follow, according to Morgan Stanley analysts. The bank says the move by Wynn implies...
FanDuel Unveils Star-Laden Commercial Targeting Golf Bettors
FanDuel is employing some serious star power in a new commercial aimed at boosting interest in golf wagering. The sportsbook operator, a unit of Flutter Entertainment, said today it is rolling out a new commercial featuring current FanDuel PGA Tour partner and...
Wynn Resorts Loans Macau Unit $500M
Wynn Resorts (NASDAQ:WYNN) is extending a $500 million credit facility to its Wynn Macau arm to shore up its finances. According to a regulatory filing with the Hong Kong Stock Exchange, the credit revolver carries a two-year term and an annual interest...
GAN Extends Share Buyback Plan
GAN Ltd. (NASDAQ:GAN) announced today it is extending a previously announced $5 million share repurchase program. The move potentially provides some relief to its badly battered shares. The gaming technology provider said it’s pushing the deadline of the previously announced buyback plan...