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
DraftKings Named Top Gaming Idea by Morgan Stanley
Shares of DraftKings (NASDAQ: DKNG) got a much-needed jolt Monday after Morgan Stanley anointed the stock as one of its top ideas in the gaming and lodging space. In a note to clients, analyst Stephen Grambling reiterated an “overweight” rating and $51...
Arizona Again Opening Sports Betting Market to New Operators
Arizona is again preparing to expand its sports wagering market as the Arizona Department of Gaming (ADG) announced Friday that it will look to add at least two more operators to the fold. Under state law, up to 20 sportsbooks can operate...
Churchill Downs Stock Has Tailwinds, Says Analyst
Churchill Downs (NASDAQ: CHDN) stock is off a third of a percent year-to-date, which is actually good for one of the better performances among gaming equities. At least one analyst believes the shares could shake that lethargy. In a recent note to...
Penn Entertainment Leaving S&P Mid-Cap Index, Joining Small-Cap Gauge
Amid a lengthy slump that includes a 35.39% loss over the past year, Penn Entertainment (NASDAQ: PENN) has seen its market capitalization erode to the point that it no longer fits the bill as a mid-cap stock. S&P Dow Jones Indices made...
Resorts World NY Lobbyist Looms Large in Casino Acceleration Bill
Legislation proposed last month by Sen. Joseph Addabbo (D-Queens) to expedite the approval of three New York City-area casino licenses reportedly contains copy that is talking points from a lobbying firm working on behalf of Genting. The Malaysian conglomerate runs Resorts World...
Thailand Wants to Expedite Casino Process, but US Operators Might Not Like Regs
Thai Prime Minister Srettha Thavisin reportedly wants policymakers and the Ministry of Finance to accelerate the casino regulatory process there so that he can approve gaming venues, but some analysts fear the country’s regulations could be off-putting to major US operators. The...
Penn Management Not Rattled by Investor Demand for Sale
It’s been nearly a week since Penn Entertainment (NASDAQ: PENN) investor the Donerail Group sent a scathing letter to the gaming company’s board of directors urging it to consider a sale following a series of costly missteps in the online sports betting...
Wynn UAE Casino Resort Could Generate up to $1.4B in GGR, Say Analysts
Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island integrated resort in Ras Al Khaimah, United Arab Emirates (UAE) could notch up to $1.4 billion in annual gross gaming revenue when it’s fully ramped up. That forecast was recently put forth by CBRE...
Gucci Marketing Boss Selena Kalvaria Joining Fanatics Betting Unit
Selena Kalvaria is trading in couture for betting as she recently joined Fanatics Betting & Gaming as chief marketing officer (CMO) following a three-year run in a similar capacity at Italian fashion house Gucci. The Wall Street Journal broke the news on...
Macau Casino Revenue Estimates Could Be Too Conservative Says Analyst
Following a strong showing in May in which Macau concessionaires posted the best monthly gross gaming revenue (GGR) tally since before the start of the coronavirus pandemic, some analysts believe revenue estimates for operators there could be too conservative. Last month, the...