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
Sphere Entertainment Lands Upgrade on Potential Economic Resilience
Shares of Sphere Entertainment (NYSE: SPHR) jumped 2.82% on Wednesday after the stock landed an upgrade from Seaport Research. In a note to clients, the research firm upgraded Sphere to “buy” from “neutral” with a price target of $48. That implies upside...
MGM, Red Rock Insiders Buy Stocks Amid Slumps
High-ranking executives at MGM Resorts International (NYSE: MGM) and Red Rock Resorts (NASDAQ: RRR) are buying shares in their companies as the stocks slump. New filings with the Securities and Exchange Commission (SEC) indicate at least three high-level MGM executives recently added...
Wynn Interested in Thailand Casino, Says UAE Resort Rapidly Progressing
Wynn Resorts (NASDAQ: WYNN) today said it would be interested in bidding for a casino permit in Bangkok while noting construction on its integrated resort in the United Arab Emirates (UAE) is progressing at a brisk pace. The Las Vegas-based company previously...
DraftKings Investors Express Dismay About Surcharge Gambit
A significant majority of DraftKings (NASDAQ: DKNG) shareholders aren’t happy about the gaming company’s plan to tax winning sports bets in Illinois, New York, Pennsylvania, and Vermont. That’s according to a recent Jefferies Equity Research report, which noted that 60% of surveyed...
Codere Online Trouncing de-SPACed Gaming Competition
Broadly speaking, it’s been a rough year for gaming equities, including those that came public via reverse mergers with special purpose acquisition companies (SPACs), but Codere Online Luxembourg (NASDAQ: CDRO) stands out. The Spanish sportsbook operator, which went public on Dec. 1,...
Thailand Could Have 30-Year Casino Licenses, Opens Public Comment Period
Should the country formally approve casino resorts, Thailand could grant operators 30-year permits. That detail was included as part of broader draft rules the government there released for public comment lasting through Aug. 18. Gaming companies that are granted permits to operate...
Rush Street Interactive Takes Shot at DraftKings, Says No Surcharge
In a clear shot at rival DraftKings (NASDAQ: DKNG), Rush Street Interactive (NYSE: RSI) announced Monday it has no plans to implement a surcharge on sports wagers. Rush Street Interactive’s proclamation arrived after DraftKings said last Thursday that it’s planning to launch...
DraftKings Sell-Off Could Spell Opportunity, Says Analyst
Last Friday, shares of DraftKings (NASDAQ: DKNG) slumped 9.78% after the company unveiled a plan to add a new levy on winning sports wagers in four states with high tax rates. That slide sent the stock to a weekly loss of 11.79%...
Declining Credit Scores, More Bankruptcies in Sports Betting States, Says UCLA, USC
Consumers in states with legalized sports wagering are experiencing declines in credit scores and an uptick in bankruptcy filings, according to a new study by the University of California Los Angeles (UCLA) and the University of Southern California (USC). To date, the...
Wynn Resorts Stock Has Dubious August History
August is just two days old, but Wynn Resorts (NASDAQ: WYNN) has notched consecutive lower closes to start the month, indicating the stock could be poised to live up to a rough August track record. With the gaming equity trading at its...