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
Mark Cuban May Be Readying Adelson Son to One Day Run Mavericks
Soon-to-be Dallas Mavericks minority owner Mark Cuban is rumored to be preparing one of Sheldon and Dr. Miriam Adelson’s sons to eventually run the NBA franchise. A report by The New York Post indicates Cuban could be readying Matan Adelson to one...
LVS Says It’s Not Pursuing Major Loans for Marina Bay Sands Expansion
Reports surfaced Thursday that Las Vegas Sands (NYSE: LVS) is seeking up to $7.5 billion in loans to finance enhancements and expansion at Marina Bay Sands in Singapore. However, the gaming company denied it is looking for capital. In local currency terms,...
Las Vegas Strip Nongaming Revenue Proving Sturdy, Says Analyst
Nevada casino companies notched gross gaming revenue (GGR) of $1.315 billion in October, the best October on record and the sixth-best month in history. But contributions from the nongaming side lifted Las Vegas Strip operators. Strip operators, such as Caesars Entertainment (NASDAQ:...
DraftKings Received Preferred Treatment on Polygon Network – Report
In October 2021, DraftKings (NASDAQ: DKNG) announced a partnership with the cryptocurrency Polygon to support debuts on nonfungible tokens (NFTs) on DraftKings Marketplace. At the time of that announcement, Polygon, which is based on the ethereum blockchain, was the number 21 digital...
Miriam Adelson’s $2B Sale of Sands Stock Won’t Affect Macau Unit
Earlier this week, Dr. Miriam Adelson and the Miriam Adelson Trust announced a $2 billion sale of Las Vegas Sands (NYSE: LVS) stock, news that sent the stock careening lower. An analyst, however, says the transaction won't have any adverse effects on...
Kindred Departing North America, Could Spur Sale
Kindred Group (OTC: KNDGF) announced Wednesday that it’s leaving the North American market and cutting 300 jobs in a move some industry observers believe could spur a sale of the Swedish gaming company. The operator said its departure from North America should...
It’s Official: Miriam Adelson Taking Control of Dallas Mavericks
Following rampant speculation on Tuesday, Dr. Miriam Adelson and the Miriam Adelson Trust announced Wednesday that they have entered into a binding pact to acquire a majority share of the NBA’s Dallas Mavericks. Rumors surfaced Tuesday when Las Vegas Sands (NYSE: LVS),...
MGM CFO Halkyard Says F1 Broke Vegas Records, Sees More Share Buybacks
The November 18 Las Vegas Grand Prix, Formula One’s (F1) first visit to Sin City in four decades, delivered for Strip operators as the event represented the highest-grossing weekend in the history of MGM Resorts International (NYSE: MGM). Jonathan Halkyard, chief financial...
Miriam Adelson Using Sands Stock Cash to Buy Dallas Mavericks Majority
Dr. Miriam Adelson will reportedly use proceeds from a $2 billion sale of Las Vegas Sands (NYSE: LVS) equity and cash on hand to acquire what’s believed to be a majority interest in the NBA’s Dallas Mavericks. While the exact percentage of...
Miriam Adelson Selling $2B in Sands Stock, Company to Buy Back $250M
Dr. Miriam Adelson and the Miriam Adelson Trust are selling $2 billion worth of Las Vegas Sands (NYSE: LVS) stock in a transaction that won't generate any proceeds for the gaming company her late husband, Sheldon Adelson, founded. Bank of America Securities...