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
Penn Entertainment Mintzy-Induced Decline ‘Overblown,’ Say Analysts
Penn Entertainment (NASDAQ: PENN) stock slumped more than 13% on Thursday, and its lost market capitalization in dollar terms wasn’t far from what it paid for Barstool Sports. That's as the regional casino operator delivered tepid first-quarter results while enduring a controversy...
Boyd Gaming Reveals New $500 Million Buyback Plan
Boyd Gaming (NYSE: BYD) unveiled a new $500 million share repurchase program on Friday, adding to the regional casino operator’s recent tradition of capital return efforts. The Orleans operator said its board of directors approved the buyback plan. The news arrived in...
Kambi Emerges as Possible Takeover Target
The sports wagering industry is awash in takeover rumors. Add Kambi Group Plc (OTC:KMBIF) to that list, according to one research firm. The Sweden-based gaming technology provider could be an attractive buy for a variety of suitors, noted research firm Eilers &...
DraftKings Soars on Improved 2023 Loss, Revenue Outlook
Shares of DraftKings (NASDAQ: DKNG) surged in Thursday’s after-hours trading session after gaming boosted its 2023 revenue outlook while trimming its expected loss guidance. The Boston-based sportsbook operator raised the midpoint of its 2023 revenue forecast to $3.185 billion from $2.95 billion...
Macau Stock Tumble Vexes Analysts, Revenue Seen Improving in 2023
A recent retreat by previously hot Macau casino equities has analysts scratching their heads, particularly against the backdrop of improving 2023 revenue outlooks for Asia-Pacific gaming operators. In the US, Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN), which combine...
Sands Announces Restaurants for Long Island Casino, Rao’s Featured Eatery
Las Vegas Sands' plan to bring a casino hotel to Long Island hasn’t officially been approved, but the company just revealed some of the restaurants that will be featured at the venue -- a group to be led by Italian eatery Rao’s....
DraftKings Q1 Update: It’s All About Guidance, Profitability Outlook
DraftKings (NASDAQ: DKNG) stepped into the earnings confessional on Thursday after the close of US markets. With the company already having issued 2023 guidance, analysts and investors will be focusing on any adjustments to those forecasts and the possibility of a shorter...
Expect More Sports Betting Consolidation, Says Morgan Stanley
Speculation regarding sports wagering industry mergers and acquisitions activity, particularly on the operator side, remains intense, and some analysts believe deal-making could perk up as 2023 progresses. In a Monday note to clients, Morgan Stanley analysts observed that over the past seven...
FanDuel Adds 1.5M Customers in Q1, Will Be Profitable in 2023
Flutter Entertainment (OTC: PDYPY) announced Tuesday that its US operations, led by FanDuel, excelled in the first quarter, as revenue surged 92%. The Irish gaming company said FanDuel’s sportsbook revenue soared 147% year-over-year as market share reached 50%, cementing the operator’s status...
Citi Field Casino Backed by Majority of Queens Residents, Survey Says
A majority of Queens residents support an effort to bring a casino hotel to the Citi Field area. But those numbers are to be taken with a grain of salt because polling was conducted on behalf of a group pushing to bring...