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Reporter: Todd Shriber

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

3952 stories by Todd Shriber

Joffre

Joffre Capital Gives Big F-U to Phuk II Stake

Technology buyout fund Joffre Capital announced Thursday it's pulling the plug on a previously announced plan to acquire a controlling interest in Playtika (NASDAQ: PLTK). Joffre cited issues at the mobile gaming company and with the seller of the shares, Playtika Holding...

Todd Shriber December 8, 2022
Times Square casino

Floyd Mayweather Says He’s Involved with Times Square Casino Effort

Add Floyd Mayweather, Jr.  to the list of big names involved with a plan to bring a casino to Times Square in New York City. In a recent interview with the Earn Your Leisure podcast, the 45-year old retired boxing champion says...

Todd Shriber December 7, 2022
MSG Sphere

Madison Square Garden to Retain Las Vegas Sphere, Tao Group

Madison Square Garden Entertainment Corp. (NYSE:MSGE) updated investors on previously announced spin-off plans, and there are Las Vegas implications. The company announced late Tuesday it’s evaluating a potential transaction that would separate its live entertainment while retaining the MSG Sphere, MSG Networks,...

Todd Shriber December 7, 2022
Venetian

Apollo Doling Out $1.5K Bonuses to Venetian Employees

Employees at the Venetian Las Vegas will have some extra jingle in their pockets this holiday season.  Operator Apollo Global Management is distributing $1,500 bonuses. In total, the private equity firm that operates the iconic Strip venue is doling out $11 million...

Todd Shriber December 7, 2022
Light & Wonder

Light & Wonder Lands Junk Grade From Fitch

Light & Wonder (NASDAQ: LNW) garnered a non-investment credit grade of “BB” in a report published by Fitch Ratings yesterday. A “stable” outlook accompanies that rating. The Las Vegas-based gaming device manufacturer has long been raising cash in an effort to firm...

Todd Shriber December 6, 2022
Empire Resorts

Genting Providing More Financing to Empire Resorts

Genting Malaysia Bhd. has provided more financing to its Empire Resorts unit. That's as an entity tied to the Malaysian conglomerate recently purchased $100 million in preferred stock issued by the New York-based gaming company. Genting ER II LLC, which is a...

Todd Shriber December 6, 2022
Fanatics

Fanatics Valuation Jumps to $31B Following $700M Capital Raise

Florida-based collectibles, sports apparel, and sports wagering company Fanatics’ valuation has risen to $31 billion. That's after the company raised $700 million from a group of investors. That’s a significant increase from a $27 billion valuation revealed in March, and one that’s...

Todd Shriber December 6, 2022
Red Rock

Red Rock Resorts Unloads Land Near Durango Project for $23.9M

Last week, Red Rock Resorts (NASDAQ: RRR) closed on the sale of 21.3 acres of land next to its Durango casino hotel project in Southwest Las Vegas. The gaming company sold the land to real estate developer Ovation Development Corp. for $23.9...

Todd Shriber December 6, 2022
Sands China

Sands China Paying Up to $377M to Las Vegas Sands for Macau Trademarks

Sands China is paying parent company Las Vegas Sands as much as $377 million to continue using Sands-related trademarks in Macau as part of a new three-year agreement starting Jan. 1, 2023. The current agreement between the parties expires on December 31....

Todd Shriber December 6, 2022
Macau table limit

Macau Recovery Could Be Supported by Mass Market Table Games

Long-running hopes for a gaming industry recovery in Macau could arrive in 2024, and might find support from mass market table games. That’s the take of JPMorgan analysts led by DS Kim, who notes Macau operators’ earnings before interest, taxes, depreciation and...

Todd Shriber December 5, 2022