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
Apollo Surprises With $6.3B Bid for Everi, IGT Gaming Biz
Shares of Everi (NYSE: EVRI) and International Game Technology (NYSE: IGT) surged Friday after Apollo Global Management (NYSE: APO) emerged as a surprise bidder for Everi and IGT’s global gaming and PlayDigital arms. The private equity firm offered $6.3 billion for those...
Boyd Gaming Open to M&A, Execs Evasive on Penn Rumor
Boyd Gaming (NYSE: BYD) executives said they’re open to acquisitions, but they didn’t specifically mention Penn Entertainment (NASDAQ: PENN) on their company’s second-quarter earnings conference call on Thursday evening. There was no direct mention of Penn on the call. Speculation that Penn...
Times Square Casino Plan Draws Opposition from Theater Union
The International Alliance of Theatrical Stage Employees (IATSE) is the latest member of the No Times Square Casino Coalition, signaling the Broadway community opposes a plan to bring a gaming venue to the neighborhood. IATSE, which includes Local One stagehands, Local 764...
Bally’s Soars After Accepting Increased Takeover Bid From Standard General
Shares of Bally’s (NYSE: BALY) are higher by more than 25% in late trading after the regional casino operator accepted an increased takeover offer from hedge fund Standard General. The acquisition bid values the gaming company at $18.25 per share, a more...
Churchill Downs Plans Grandstand, Pavilion Renovation at Kentucky Derby Track
Churchill Downs (NASDAQ: CHND) said it plans to spend $80 to $90 million to renovate the grandstand at its eponymous Kentucky racetrack. Construction on the Grandstand Club and Pavilion is slated to start next month with the enhancements expected to be completed...
FTC Investigation Could Be Thwarted by Bill Moved by Pol Receiving MGM Campaign Cash
A spending bill approved by the House Appropriations Committee contains a provision that could stymie the Federal Trade Commission’s (FTC) investigation into the September 2023 cybersecurity incident that temporarily crippled the casino giant’s domestic operations. The bill was advanced by a Republican...
Fanatics Denies Report of Rubin Mulling Equity Sale
Fanatics denied a report that said Chairman and CEO Michael Rubin could be considering selling a stake of up to $1 billion in the privately held company. Citing unidentified sources in the world of private stock transactions, William Cohan reported for the...
Red Rock Slumps Following Q2 Earnings, Analysts Upbeat on Durango
Shares of Red Rock Resorts (NASDAQ: RRR) tumbled Wednesday despite solid second-quarter results as some analysts took issue with the stock’s rich valuation. The regional casino operator reported earnings per share of 59 cents on revenue of $486.4 million for the June...
Polymarket Activity Soars with Help from US Presidential Election
Polymarket, the internet-based marketplace that allows users to wager on everything from politics to pop culture to sports to weather, is experiencing soaring interest among users, much of which is supported by the US presidential election. While 38 states and Washington, DC...
Gaming Tech Earnings Outlook: Solid Trends, Encouraging M&A Signs, Says Analyst
Second-quarter earnings season is rolling along and gaming technology companies will soon take their turns in the earnings confessional. The trends are expected to be solid though not spectacular. In a note to clients previewing upcoming reports from gaming device manufacturers, Stifel...