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
4292 stories by Todd Shriber
Casino Stocks Among Q3 Consumer Discretionary Leaders
The S&P 500 Consumer Discretionary Index is up 13.4% in the third quarter, outpacing the broader S&P 500 by nearly 800 basis points. Casino stocks are a big reason why. With many gaming equities deep in the red on a year-to-date basis...
Fanatics Could Take Sports Bets by End of 2022, Says Founder
Fanatics -- long rumored to be entering the sports betting business -- could be accepting wagers by the end of this year. In an interview on The Volume with Colin Cowherd, Fanatics founder Michael Rubin said the company could be taking sports...
IGT Reaches Settlement with DoubleDown Interactive, Sees Q3 Charge of $120M
International Game Technology (NYSE:IGT) announced today it reached an agreement in principle to settle legal claims stemming from the Benson v. DoubleDown Interactive LLC litigation. That suit is tied to IGT’s June 2017 sale of social casino developer DoubleDown Interactive (NASDAQ:DDI) to...
Golden Nugget Lake Charles Opening New DraftKings Sportsbook
DraftKings is getting a permanent retail sportsbook location at the Golden Nugget Lake Charles. That's slated to open on Thursday, September 1. The new sportsbook, which will be the largest in Louisiana, replaces a temporary venue rolled out at the casino-hotel last...
Melco Resorts Stock Could Gain Support from China Audit Accord
Melco Resorts & Entertainment (NASDAQ: MLCO) is among the Chinese stocks trading in the US that could benefit from a new deal struck by US and Chinese regulators. Last Friday, the Public Company Accounting Oversight Board (PCAOB) reached an accord with the...
MGM Stock Has Goods to Weather Macau Storm
By way of its 56% stake in MGM China, MGM Resorts International (NYSE:MGM) is exposed to slumping Macau. But the stock has the ingredients to endure ongoing turbulence in the largest Asia-Pacific casino hub. Shares of the largest operator on the Las...
Las Vegas Tops Club Med Vacation Happiness Survey
Supposedly, Disneyland is the happiest place on earth. But according to a Club Med survey, Las Vegas has its own happy vacation credentials. The casino capitol of the US ranks first in Club Med’s survey of North America’s “happiest holiday destinations” and...
Barstool, Caesars, DraftKings Among Operators Approved for Kansas Sports Betting
Regulated sports wagering debuts in Kansas on Sept. 1, with mobile betting following on Sept. 8. In advance of those launches, the Kansas Lottery announced the initial batch of operators approved in the state. Those gaming companies are as follows: Barstool Sportsbook,...
Penn Entertainment Shares Could Resume Winning Ways
Penn Entertainment's (NASDAQ:PENN) stock is off 38% year-to-date, a decline far worse than that of the MVIS Global Gaming Index. But some market observers believe shares of the casino giant offer rebound potential. The Pennsylvania-based company is the largest regional casino operator...
Gamblers Abandoned $22M in Tickets Value at Nevada Casinos
For those who think the casino industry and government have enough money, this might not sit well: visitors to Nevada casinos let $22 million in betting slips go unclaimed in the recently completed fiscal year, according to the Nevada Gaming Control Board...