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
4293 stories by Todd Shriber
Fanatics IPO Could Be Near Following Conclusion of Another Investor Day
Earlier this week, Fanatics wrapped up a second investor day, stoking speculation that the apparel giant and new sportsbook operator could be readying an initial public offering (IPO). Michael Rubin’s Florida-based company reportedly held an investor meeting at the NBA Players Association's...
DraftKings Bids $195M for PointsBet US Biz, Tops Fanatics Offer by 30%
DraftKings (NASDAQ: DKNG) on Friday unveiled a $195 million all-cash offer for PointsBet’s (OTC: PBTHF) US unit, topping a $150 million bid submitted by Fanatics a month ago. In terms of percentage, the DraftKings proposal bests the Fanatics offer sheet by 30%....
Churchill Downs Stock Could Wring Benefits from Richmond Casino
Churchill Downs' (NASDAQ: CHDN) stock could get a decent boost should the operator prove successful in its effort to bring a casino hotel to the Virginia capitol of Richmond. Churchill and partner Urban One are angling for a second referendum on the...
IGT Asset Sales Could Draw Interest from European Suitors
Last week, International Game Technology (NYSE: IGT) announced it is considering strategic alternatives for its digital content and global gaming businesses as the company shifts its focus to its high-margin lottery unit. IGT’s slot machine business, which is one of the three...
BetMGM, Cincinnati Reds Plan to Move Flailing Sportsbook
BetMGM and the Cincinnati Reds are planning to shift the location of what is currently the worst-performing brick-and-mortar sportsbook in Ohio. The book is currently located at the Machine Room at Great American Ball Park. But unidentified sources with knowledge of the...
Sportsbook Operators Struggle to Attract Women, Gen Z Clients
It’s been more than five years since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), paving the way for sports wagering to reach a broader audience in the US. Data indicates that it’s the usual suspects that...
Macau Casino Stocks Could Benefit from China Stimulus Plans
They’re trading modestly higher on Tuesday, but Macau casino stocks could be in for more upside as China mulls monetary stimulus to prop up its sagging economy. Signs of that commitment arrived earlier today when the Peoples Bank of China (PBOC) cut...
Antar Amends BetMGM Complaint, Says Company Preyed on Him
In a new filing in the United States District Court for the District of New Jersey, counsel for Sam Antar amended his lawsuit against BetMGM while reiterating the claims that the operator preyed on his wagering habit, plying him with financial incentives...
888 Activists Propose New Management Team with Kenny Alexander as CEO
FS Gaming Investments, the group that last week revealed a 6.57% stake in 888 Holdings, is putting forth a new management slate. That includes former GVC CEO Kenny Alexander for the same role at the embattled William Hill parent. Reportedly, the Alexander-backed...
MVB Financial Top Bank Bet on iGaming Momentum, Says Analyst
Investors looking to access the growth in iGaming and online sports betting without making direct wagers on gaming companies may have an interesting option to consider in MVB Financial (NASDAQ: MVBF). The West Virginia-based community bank isn’t a well-known bank brand on...