Reporter: Gaming Financials and 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
Up almost 14 percent since the start of the fourth quarter, Penn National Gaming (NASDAQ:PENN) is proving resurgent among regional gaming equities, a theme some analysts believe could be durable. In a note to… Read More
Implementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts. In a report out Monday, Bernstein’s team of gaming analysts note… Read More
Efforts to get sports betting operational in Illinois appear likely to fall short of being ready for the Super Bowl. But Prairie State bettors don’t need to fret, because some politicians there believe it’ll… Read More
Add Melco Resorts Chairman and CEO Lawrence to the list of gaming executives forecasting massive price tags to build high-end integrated resorts in Japan. Ho, leader of one of the largest gaming companies operating… Read More
Wynn Resorts, Ltd. (NASDAQ:WYNN) stock took a beating in the third quarter amid a slowdown in Macau. While broader gross gaming revenue (GGR) numbers for the Chinese territory have slumped over the past couple… Read More
Expanded sports wagering in the US is providing an assist to the country’s most popular professional sport. NFL television ratings are rising and some team owners are taking note, including New York Giants co-owner… Read More
Last month, officials in the Japanese prefecture of Hokkaido said they were dropping out of the competition to land one of the country’s first three integrated resort licenses. That’s news that’s prompting at least… Read More
Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) traded sideways for much of the third quarter, but that proved to be an excellent time in which to buy the stock. Data confirms some professional… Read More
The California Bureau of Gambling Control (CBGC) is looking to implement new rules that could make standard table games burdensome to play at non-tribal venues. It’s a move that the trade group representing the… Read More
A Rhode Island Superior Court judge ruled Thursday that Dr. Daniel Harrop’s case challenging the constitutionality of sports betting in the state can proceed. That’s after the Republican activist produced evidence he has been… Read More
Google, the world’s largest provider of internet search services, will permit advertisements from operators of online casinos in the four states that allow those offerings later this month, the latest sign the search giant… Read More
Wynn Resorts, Ltd. (NASDAQ:WYNN) and other gaming companies with significant Macau footprints have seen their share prices sapped in recent months due to declining VIP revenue on the peninsula. But at least one Wall… Read More
Eldorado Resorts, Inc. (NASDAQ:ERI) said today it received approval from the Missouri Gaming Commission (MGC) to sell the Isle Casino in Cape Girardeau and the Lady Luck in Caruthersville to Century Casinos, Inc. (NASDAQ:CNTY)…. Read More
Shares of Wynn Resorts, Ltd. (NASDAQ:WYNN) are up nearly 18 percent year-to-date, trailing the S&P 500 by about 600 basis points. Data indicates the stock’s third-quarter slide on the back of slack Macau data… Read More
The Stars Group Inc. (NASDAQ:TSG) said Tuesday it’s paying $102.58 million to acquire the 20 percent of Australian bookmaker BetEasy it didn’t previously own, a move that drew compliments from at least one analyst… Read More
Penn National Gaming Potentially Potent Pick Among Regional Gaming Equities, Says J.P. Morgan
Analysts Confirm Macau Visa Control Policy Crimping December Visits to Gambling Hub
Illinois Sports Betting Likely to Miss Super Bowl, But March Madness Could be Consolation Prize
Kentucky Horse Racing Commission Passes Race-Day Lasix Ban for 2-Year-Olds in 2020, Stakes Runners in 2021
Atlantic City Council Joins Mayor Marty Small in Seeking Sports Betting Tax Cut
Rumor Mill: Wynn Resorts Being Pressured to Change Name, as Legal Battles Continue
Hard Rock, Mohegan Gaming Threaten to Sue Greek Government Over Airport Casino Tender
Oklahoma Governor Stitt Says Tribal Operations Illegal After Jan 1, Chickasaw Threatens Legal Action
Las Vegas Economist Believes Parking and Resort Fees Turning Away California Visitors
Conor McGregor Favored Against Donald Cerrone for Las Vegas UFC Fight