Todd Shriber

Reporter: Todd Shriber

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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 todd.shriber@casino.org.

Areas of Expertise

2146 stories by Todd Shriber

IGT

International Game Technology Elevates Sadusky to CEO

International Game Technology (NYSE:IGT) is reshuffling the top executive spot at the company, saying today Vincent Sadusky will become chief executive officer on Jan. 24. Sadusky replaces Marco Sala, who is becoming chairman of the board, and likely CEO as well, at...

Todd Shriber January 20, 2022
Macau Moody's

Macau Gaming Law Alterations Credit Positive for Concessionaires, Says Moody’s

Macau's recently revealed proposals to alter the special administrative region's (SAR) gaming laws are “credit positive” for the six concessionaires operating there, according to Moody's Investors Service. Last week, authorities in the world's largest casino center unveiled proposals to gaming law, including...

Todd Shriber January 20, 2022
Penn stock

Penn National Casino Business Is Undervalued, Says Analyst

Off the coronavirus market bottom in March 2020, and deep into the first quarter of 2021, Penn National Gaming (NASDAQ:PENN) was one of the best-performing domestic equities of any stripe. Enthusiasm for online casinos and sports wagering was a big reason why...

Todd Shriber January 19, 2022
Full House

Full House Forecasts Q4 Revenue Increase, Ups Colorado Construction Spend to $250M

Full House Resorts (NASDAQ:FLL) announced preliminary fourth-quarter results today. The company indicatedrevenue for the final three months of 2021 should easily top what was reported in the year-earlier period. The company also said it's significantly increasing the construction budget for its Chamonix...

Todd Shriber January 19, 2022
BetMGM

BetMGM Forecasts 2022 Net Revenue North of $1.3B, Expects Profitability in 2023

BetMGM is revealing bullish financial guidance, including a forecast calling for a more than 50 percent revenue increase this year. The expectation is that the online gaming company will be profitable on the basis of earnings before interest, taxes, depreciation and amortization...

Todd Shriber January 19, 2022
Activision

Microsoft Goes All-In On Video Games, Buying Activision for $68.7 Billion

Microsoft (NASDAQ:MSFT) is bolstering its status as one of the dominant names in the video game universe, announcing today it's acquiring Activision Blizzard (NASDAQ:ATVI) for $68.7 billion in cash. The deal values the Call of Duty publisher at $95 a share, or...

Todd Shriber January 18, 2022
Sportradar

Sportradar Stock Pounded by Morgan Stanley Downgrade

Sportradar (NASDAQ:SRAD) is faltering mightily today after Morgan Stanley downgraded the sports betting data provider, citing ongoing weakness for many domestic gaming equities. In a note to clients, Morgan Stanley analyst Thomas Allen downgrades Sportradar to “equal weight” from “overweight,” with a...

Todd Shriber January 18, 2022
PlayAGS

PlayAGS Rallies on Q4 Earnings Preview, Debt Refinancing Plan

On a rough day for the broader market and amid mixed performance by casino stocks, PlayAGS (NYSE:AGS) is standing out. That's after the gaming supplier revealed a bullish preview of its fourth-quarter results and a debt refinancing effort. In early trading, shares...

Todd Shriber January 18, 2022
NeoGames

NeoGames Offering $480 Million in Cash, Stock to Acquire Aspire Global

NeoGames (NASDAQ:NGMS), a provider of internet lottery services and technology, announced it's offering $480 million in cash and equity to acquire Aspire Global. The suitor is offering to purchase Aspire for 111 Swedish krona -- $12.29 in cash, based on current exchange...

Todd Shriber January 17, 2022
Las Vegas Sands

Las Vegas Sands Earns ‘Conviction Buy’ Upgrade from Goldman Sachs

Citing easing regulatory risk in Macau, Goldman Sachs moves Las Vegas (NYSE:LVS) to the firm's conviction buy list. Analyst Simon Cheung added Las Vegas Sands to his firm's Americas Conviction List while adjusting his price target on the gaming stock to $66...

Todd Shriber January 17, 2022