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
4289 stories by Todd Shriber
Gaming Stocks Are Often Losing Bets in June
If history holds true to form, the last thing already struggling gaming stocks want is the arrival of June. But that’s inevitable. Wednesday marks the start of the sixth month of the year, and with it arrives an often ominous stretch for...
Cosmopolitan Mortgage Bond Terms Boosted by Issuing Banks
A consortium of banks shopping a commercial mortgage-backed security (CMBS) issued by the owners of The Cosmopolitan Las Vegas are attempting to make the terms of the $3 billion in debt more attractive to lure investors. Bank of America Securities, Citigroup, Goldman...
Penn National Stock Has Penchant for Memorial Day Week Slumps
The Memorial Day trading week for US equity markets commences on Tuesday, May 31, as exchanges are closed Monday in observance of the holiday. With the shortened trading week beckoning, there are some trends to consider, including one that pertains to Penn...
Kambi Takeover Talk Heating Up, Fanatics, Sands Could Be Interested
Takeover chatter regarding Kambi Group Plc (OTC:KMBIF) is intensifying. That's after shares of the sports betting technology provider soared Wednesday, and one research firm has some interesting ideas pertaining to potential suitors. Entering today, Kambi shares were higher by 24% month-to-date. That...
Casinos Could Be Crimped By High Gas Prices, Bigger Concern for Travelers Than COVID-19
Memorial Day Weekend is here, marking the start of the summer travel season. But soaring gas prices will factor into consumers’ plans, potentially weighing on the casino industry in the process. In fact, a new survey by the American Hotel & Lodging...
Mets Owner Steve Cohen’s Hedge Fund Loads Up on VICI Stock
Gaming real estate investment trust (REIT) VICI Properties (NYSE:VICI) has a fan in New York Mets owner Steve Cohen. Cohen’s hedge fund -- Point72 Asset Management -- bought 633,800 shares of the Caesars Palace owner in the first quarter, according to documents...
DraftKings Stock Sentiment Shifting, California Could Be Catalyst, Says Jefferies
Positivity is at a premium for DraftKings (NASDAQ:DKNG). But sentiment could be shifting for the better on the beleaguered gaming stock. That’s according to Jefferies analyst David Katz, who came away from recent meetings with DraftKings senior management somewhat upbeat on the...
Macau Casino Operators’ Debt Burdens Rising, But All Likely to Survive
Shares of Macau concessionaires remain bad news/good news propositions, and Morgan Stanley’s updated forecast on the group’s debt burden confirms as much. The bad news is that the investment bank sees the combined debt of the six Macau casino operators potentially swelling...
Fox CEO Lachlan Murdoch Sees FanDuel Litigation Ending Soon
Fox Corp. (NASDAQ:FOXA) CEO Lachlan Murdoch expects the company’s legal spat with Flutter Entertainment (OTC:PDYPY) will be settled in the coming months, potentially boosting the media giant’s ability to capitalize on the growing US sports wagering market. Murdoch made the comments in...
Las Vegas NBA Rumor Intensifies Following Columnist Radio Interview
Long-running speculation about the NBA making its way to Las Vegas got more fuel earlier today. That's after a well-known sports columnist told a Seattle radio station the league is preparing current owners for expansion into those two cities. John Canzano, an...