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

1795 stories by Todd Shriber

evander kane

NHL Investigating Evander Kane After Jilted Wife Claims He Bet On His Own Games

The NHL is looking into claims San Jose Sharks forward Evander Kane wagered on his own games after his wife, Anna, levied the accusations on Instagram earlier today. In response to what appears to be a request from the NHL player to...

Todd Shriber July 31, 2021
macau morgan stanley

Morgan Stanley Sees Bright Future for Macau Stocks, Mixed on Beijing Regulations

Shares of Macau concessionaires continue sagging. But Morgan Stanley is bullish on the long-term outlook for the world's largest casino center. That's even as some investors fret about regulatory risk from Beijing. Recent gross gaming revenue (GGR) data suggests that despite an...

Todd Shriber July 30, 2021
william hill

Tipico Rumored to Be Bidding for William Hill International Assets

Rumors suggest European sportsbook operator Tipico can be added to the roster of companies bidding for William Hill's non-US assets. The German sports wagering company joins a crowded though still-fluid field of contenders vying for the venerable William Hill brand, the operator's...

Todd Shriber July 30, 2021
red rock resorts

Red Rock Resorts Among Top Local Casino Stock Picks Following Strong Q2 Earnings

Red Rock Resorts, Inc. (NASDAQ:RRR) traded lower Thursday following an impressive second-quarter earnings report released late Wednesday. But analyst remain broadly enthusiastic on the parent company of Station Casinos. Red Rock joins the list of operators with heavy Las Vegas locals (LVL)...

Todd Shriber July 29, 2021
DraftKings stock

DraftKings Stock Could Be Post-Earnings Rebound Play

Residing 32 percent below its March highs, DraftKings (NASDAQ:DKNG) stock isn't the scintillating name it once was. But some market observers believe the online sportsbook operator can get its momentum back. Ahead of the company's Aug. 6 earnings report, there are signs...

Todd Shriber July 29, 2021
PointsBet capital raise

PointsBet Raises $294 Million to Fund US Expansion

PointsBet (OTC:PBTHF) said today it's raising $294.17 million in capital to fund expansion in the rapidly growing US market. The Australian sportsbook operator is selling equity through a placement of new shares and a rights issue. Goldman Sachs and MST Financial are...

Todd Shriber July 29, 2021
sports betting radio

AM/FM Radio Better Bet for Sportsbook Advertisers, According to Study

With football season nearing, it's likely sports betting companies will be kicking up television advertising efforts and spending. But a recent study indicates gaming operators ought to focus on radio. Earlier this year, Cumulus Media/Westwood One commissioned a study by MARU/Matchbox focusing...

Todd Shriber July 28, 2021
MGM stock

MGM Stocks Gets Lift from Goldman Sachs Upgrade

MGM Resorts International (NYSE:MGM) stock is getting some help today from a Goldman Sachs upgrade. The venerable Wall Street bank raised its rating on the Mandalay Bay operator to “neutral” from “sell,” while lifting its price target on the gaming company to...

Todd Shriber July 28, 2021
Boyd stock

Boyd Earnings Impress, Analyst Raises Target, Says Some Cost Cuts Permanent

Boyd Gaming (NYSE:BYD) stock is trading higher Wednesday. That's after the casino operator knocked the cover off the earnings ball, reporting second-quarter earnings per share (EPS) and revenue that handily beat Wall Street estimates. The Sam's Town operator earned $1 a share...

Todd Shriber July 28, 2021
arizona bowl

Penn National Barstool Sports Unit Grabs Naming Rights to Arizona Bowl

The Arizona Bowl, a mid-tier college football bowl game, is climbing the ranks in terms of nifty sponsorship, as Barstool Sports has signed on to sponsor the New Year's Eve contest. Barstool Sports, a pop culture and sports media blog founded by...

Todd Shriber July 27, 2021