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
Wynn Resorts Leverage Tipped to Remain Elevated, Says Moody’s
Leverage at Wynn Resorts’ (NASDAQ: WYNN) financing unit is poised to remain elevated over the next 12 to 18 months, as the casino operator looks to get back on track in Macau. In a recent report, Moody’s Investors Service forecasts leverage of...
Ruffin Didn’t Bid for Mirage Because He Wanted Real Estate, Too
Billionaire Phil Ruffin didn’t make a run at the Mirage when MGM Resorts International (NYSE:MGM) was shopping the casino-resort. That's because he wanted the land, not just the operating rights. The Treasure Island owner made those remarks in an interview with the...
Las Vegas Sands Pulled From Fitch Ratings Watch as Macau Renewal Risk Ends
Las Vegas Sands (NYSE:LVS) still sports a junk credit grade of “BB+” from Fitch Ratings. But the research firm pulled the casino operator from its rating watch negative list following recent renewal of the operator’s Macau gaming license. The ratings agency still...
Casino REITs Could Be ‘Attractive Partners’ for Six Flags Land, Says Investment Manager
Jonathan Litt’s Land & Buildings Investment Management, LLC (L&B) is pushing Six Flags Entertainment (NYSE: SIX) to monetize its property holdings. It notes that casino landlords are among the real estate investment trusts (REITs) that could be sensible buyers of the land....
VICI Properties Announces $293.4M Sale-Leaseback on Two Mississippi Casinos
Foundation Gaming & Entertainment has announced it sold the property assets of the Fitz Casino & Hotel in Tunica, Miss. and the WaterView Casino & Hotel in Vicksburg, Miss. to VICI Properties (NYSE:VICI) for $293.4 million. The casino operator will proceed to...
Sportradar Gains Financial Flexibility Via Loan Prepayment
Sports betting data provider Sportradar (NASDAQ: SRAD) will enter 2023 with new-found financial flexibility after the company prepaid a nearly $446 million term loan. Not only does that early payment reduce leverage, it strengthens the Swiss company’s balance sheet while providing more...
Maverick Gaming Boosts Washington Card Room Exposure in Evergreen Gaming Buy
Maverick Gaming has cemented its status as the dominant card room operator in Washington State by paying $80.47 million in cash for rival Evergreen Gaming. Evergreen operated four card rooms in the state: Chips Casino in Lakewood, Goldies Casino in Shoreline, Palace...
Century Casinos, PlayAGS Among Deep-Value Gaming Equity Ideas for 2023
Amid a mostly brutal year for gaming equities, particularly those in the small-cap arena, there are plenty of deep-value ideas for investors to mull heading into 2023. In a new report to clients, Roth Capital analyst Edward Engel highlights Century Casinos (NASDAQ:...
ESPN Spin-Off From Disney Still Possible, Says Wells Fargo Analyst
With the return of Bob Iger to the helm of The Walt Disney Co. (NYSE: DIS), it’s possible the company reconsiders spinning off ESPN. That potentially paves the way for the sports broadcast behemoth to more freely explore sports betting opportunities. In...
Skillz Gets NYSE Delisting Notice as Stock Labors Below $1
Mobile games developer Skillz Inc. (NYSE:SKLZ) received a notice today from the New York Stock Exchange (NYSE). It warned the company that its floundering stock could be delisted from the bourse unless action is taken to boost the share price. The gaming...