Todd Shriber

Reporter: Todd Shriber

Subscribe to updates

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

857  stories by Todd Shriber

Louisiana Voters Likely Getting Sports Wagering Say This Year, No Bets Until at Least 2021

Louisiana voters are likely getting the opportunity to decide the fate of sports betting, with the issue scheduled to appear on November ballots. But it will be 2021 at the earliest before legitimate wagers are accepted in the Pelican State. After sports...

Todd Shriber May 30, 2020

Fox Ups Flutter Bet as FanDuel Parent Sells $1 Billion of New Equity

Fox Corp. (NASDAQ:FOXA) is boosting its stake in Betfair and Padd.yPower parent Flutter Entertainment.  The world's largest online gaming company said earlier this week it's selling $1 billion worth of equity in a secondary offering. Flutter, which also owns FanDuel, among other...

Todd Shriber May 30, 2020

Penn National Scores Price Target Hike, Analyst Gushes Over Barstool, iGaming

On a mostly lethargic day for gaming equities, shares of Penn National Gaming (NASDAQ:PENN) are standing out, thanks to a sell-side analyst boosting his price target on the stock in dramatic fashion, citing catalysts including Barstool Sports and online casinos. In a...

Todd Shriber May 29, 2020

New Jersey Regulators Won’t Discuss Eldorado/Caesars Deal at June Meeting

The long-awaited discussion of Eldorado Resorts' (NASDAQ:ERI) $17.3 billion takeover of Caesars Entertainment (NASDAQ:CZR) by New Jersey regulators is being pushed back, potentially delaying efforts to wrap up the deal in June. The New Jersey Casino Control Commission (CCC) is scheduled to...

Todd Shriber May 29, 2020

MGM China Dashes for Cash, Lands $503 Million Bank Credit Line

Looking to shore up its balance sheet as Macau visits and revenue remain in the dumps, MGM China said it gained access to a new $503 million credit facility. The operator of the MGM Cotai and MGM Macau said it's initially drawing...

Todd Shriber May 28, 2020

DraftKings Deal With Sportradar Allows Bettors to Stream Bundesliga, Korean Baseball

DraftKings (NASDAQ:DKNG) is looking to capitalize on the dearth of domestic athletic competitions while positioning for the return of a fuller sports calendar. In an agreement announced today with Sportradar, they now can offer bettors access to streaming of some international leagues....

Todd Shriber May 28, 2020

GAN Stock Explodes Higher on Pennsylvania iGaming Deal With Cordish

Shares of gaming software maker GAN Ltd. (NASDAQ:GAN) are soaring Thursday after the company said it inked a deal with Cordish Companies to provide iGaming services tied to two Pennsylvania casinos. Up more than 16 percent at this writing Thursday, GAN stock...

Todd Shriber May 28, 2020

Boyd Gaming Reopening Another 13 Casinos in Early June, Including Nine Las Vegas Venues

Boyd Gaming's efforts to reopen its gaming venues are taking a big step in the right direction, with the Orleans owner saying it plans to restart business at 13 of its casinos, including nine in Las Vegas, from June 1 through June...

Todd Shriber May 28, 2020

Full House Rallies as Silver Slipper Reopening Surpasses Expectations

Shares of Full House Resorts (NASDAQ:FLL) participated in a modest rally for the gaming space Wednesday. The rally extended a better than 13 percent gain over the past week after the company said its Mississippi reopening topped expectations. Last week, the operator...

Todd Shriber May 27, 2020

Golden Gate, Circa Sports Owner Stevens Buys 1,000 Vegas Plane Tickets, Ballasts Sin City Reopening

With Nevada gaming properties targeting a June 4 reopening, some operators are stepping up in a bid to lure tourists back to Las Vegas. Derek Stevens, the owner of Circa Sports, the D Las Vegas, and the Golden Gate Hotel & Casino,...

Todd Shriber May 27, 2020