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
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...
VICI Declines Option to Buy Caesars Indiana Casinos
VICI Properties (NYSE: VICI) won’t exercise its rights to acquire the property assets of two Indiana gaming venues currently owned and operated by Caesars Entertainment (NASDAQ: CZR). On the company’s second-quarter earnings conference call late Wednesday, CEO Edward Pitoniak told analysts the...
DraftKings Unveils $1B Buyback, Bettor Surcharge in High-Tax States
DraftKings (NASDAQ: DKNG) told investors Thursday that it could repurchase up to $1 billion of its shares and that it will implement a surcharge on bettors in several states with high sports wagering taxes. The Boston-based gaming company said the surcharge will...
Caesars Selling World Series of Poker for $500 Million
Caesars Entertainment (NASDAQ: CZR) announced today that it’s selling the intellectual ?property rights associated with the World Series of Poker (WSOP) to investment firm NSUS Group Inc. for $500 million. The deal price consists of $250 million in cash and a $250...
Greenbrier Hotel Heads to Auction Block, Senate Candidate Justice Blames Politics
The Greenbrier Hotel in White Sulphur Springs, W. Va. is in default and could be auctioned off to the highest bidder. The property is home to one of the state’s four casinos. Gov. Jim Justice (R-WV) -- the frontrunner in the state’s...
MGM Says China Unit Would Run Thailand Bid
Should MGM Resorts International (NYSE: MGM) pursue a bid for a Thailand casino license, it’d run through its MGM China unit, according to CEO Bill Hornbukcle. The chief executive office made that clear on the company’s second-quarter earnings conference call late Wednesday....
VICI Properties Lifts 2024 AFFO Guidance
VICI Properties (NYSE: VICI), the largest owner of casino real estate, raised its 2024 adjusted funds from operations (AFFO) guidance in conjunction with the release of its second-quarter earnings. The owner of the Venetian on the Las Vegas Strip said it now...
Poker Legend Hellmuth Sells Rush Street Interactive Stock on Affiliate News
Poker legend Phil Hellmuth said Tuesday that he liquidated his equity stake in Rush Street Interactive (NYSE: RSI) after the gaming company announced it will halt its affiliate program in the states in which it operates -- a decision that was met...
Caesars CEO Reeg Says No Involvement with Penn, Eyes Buybacks
Caesars Entertainment (NASDAQ: CZR) CEO Tom Reeg told analysts the company isn’t “even tangentially involved” in the takeover scuttlebutt that’s recently surrounded rival Penn Entertainment (NASDAQ: PENN). Reeg made the comments Tuesday evening on his company’s second-quarter earnings conference. In response to...