Todd Shriber

Reporter: Todd Shriber

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Gaming Financials, Casino Business----Todd Shriber 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 trading sector and international ETFs leading up to and during the financial crisis. Currently, he analyzes, researches, and writes on ETFs for a variety of Web-based publications and financial services firms. Shriber has been quoted in Barron's, CNBC.com, and The Wall Street Journal. His work has been published on sites such as Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He joined the Casino.org news writing team in 2019, and lives in Southern California, where he enjoys golf and taking his black lab to the dog park. When in Las Vegas, he likes to wager on college football, the NBA, three-card poker, and roulette, even though he knows better. Email: todd.shriber@casino.org

Areas of Expertise

1579 stories by Todd Shriber

RSI stock

Rush Street Interactive Stock Has Tech Goods for Major Upside, Says Jefferies Analyst

Rush Street Interactive (NYSE:RSI) stock is poised to snap out of its post-merger slump and deliver upside for investors by way of its enviable technological capabilities. Those are the sentiments of Jefferies analyst David Katz, who initiates coverage of the online casino...

Todd Shriber April 16, 2021
Bally's stock

Bally’s Scraps Tangible Equity Sale, Seeks Private Investor on Gamesys Acquisition

Bally's Corp. (NYSE:BALY) is dropping plans to sell $250 million of its tangible equity units, opting instead to consider a private sale of equity-backed securities to an unnamed strategic investor that made an unsolicited offer. The gaming company previously said it would...

Todd Shriber April 16, 2021
NFL Caesars

Caesars Is NFL’s First Casino Sponsor, DraftKings Named Sports Betting Partner

The NFL is pushing further into the betting world, announcing today that Caesars Entertainment (NASDAQ:CZR) is the league's first casino sponsor. The league also brought DraftKings (NASDAQ:DKNG) aboard as its official sportsbook partner. Once hands-off when it came to sports betting, the...

Todd Shriber April 15, 2021
Vornado NYC Casino

Vornado Realty Wants in on New York City Casino Development

Vornado Realty Trust (NYSE:VNO), one of the largest US commercial real estate developers, believes Manhattan is the logical choice for a new casino in the New York City area, and it wants in on the action. In his annual letter to shareholders,...

Todd Shriber April 15, 2021
MGM Entain

MGM/Entain Merger Speculation to Continue Lingering, Says Analyst

It's been more than three months since MGM Resorts International (NYSE:MGM) attempted to acquire Entain Plc (OTC:GMVHY), its partner on the BetMGM business. At least one analyst believes speculation on this matter won't die down anytime soon. The British bookmaker rejected an...

Todd Shriber April 15, 2021
Penn stock

Penn National Gaming Online Ebullience Priced Into Stock, Says Analyst

Penn National Gaming (NASDAQ:PENN) is one of the best-performing gaming equities over the past year. It's a status largely attributable to market participants' expectations for internet casinos and online sports betting. At least one analyst says those catalysts are priced into Penn...

Todd Shriber April 14, 2021
Macau EBITDA

Macau First-Quarter EBITDA Lumpy Disappointment, Say Analysts

Underscoring an uneven recovery in the world's largest gaming center, Morgan Stanley estimates first-quarter earnings before interest, taxation, depreciation and amortization (EBITDA) for Macau concessionaires slumped, while gross gaming revenue (GGR) increased. US investors will get a sense for how Macau's rebound...

Todd Shriber April 13, 2021
Las Vegas conventions

Las Vegas-Related: Bernstein Says Convention Biz Won’t Hit Pre-Pandemic Levels Until 2023

Convention and meeting business is integral to Las Vegas's hopes of rebounding from the coronavirus pandemic. But some analysts believe that effort is going to take time. In a new research report titled “The Future of Work: What the Oscars Teaches Us...

Todd Shriber April 13, 2021
Caesars earnings

Caesars Lands on Morgan Stanley High Conviction List

Caesars Entertainment (NASDAQ:CZR) made the cut on a short list of stocks highlighted by Morgan Stanley as offering stout near-term appreciation potential. In advance of first-quarter earnings season, the bank released a group of equities it believes will outperform over the next...

Todd Shriber April 13, 2021
GNOG stock

Golden Nugget Online Underappreciated Story, iGaming Could Top Sports Betting, Says Analyst

Golden Nugget Online Gaming (NASDAQ:GNOG) stock isn't getting the adulation it deserves, and the name could potentially deliver massive returns -- perhaps doubling or tripling, as market participants recognize growth offered by online casinos. Those are the sentiments of Jefferies analyst David...

Todd Shriber April 13, 2021