Todd Shriber

Reporter: Todd Shriber

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Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for

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 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,, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and

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

Areas of Expertise

2618 stories by Todd Shriber


Daniel Loeb Pushes Disney for ESPN Spinoff, Sees Sports Betting Opportunity

Daniel Loeb’s Third Point hedge fund has initiated a new position in Walt Disney (NYSE:DIS) said to be worth about $1 billion. He's pushing the company to spin off ESPN. The move could make it easier for the network to forge into...

Todd Shriber August 15, 2022
MGM Entrain

Entain Buying Binge Makes MGM Deal Trickier

Entain Plc (OTC:GMVHY) is on a deal-making spree, and that added heft could make it harder and more expensive for MGM Resorts International (NYSE:MGM) to potentially revisit a takeover bid for the Ladbrokes owner. Last week, Entain announced it is acquiring 75%...

Todd Shriber August 14, 2022
Colorado Belle

Golden Entertainment Considering Options for Closed Laughlin Riverfront Casino

Golden Entertainment’s (NASDAQ:GDEN) Colorado Belle Casino Resort in Laughlin, Nev., is approaching 30 months in closure. The operator is mulling options for the venue. In response to a question from B. Riley analyst David Bain, Golden CEO Blake Sartini addressed the matter...

Todd Shriber August 13, 2022
Soros Caesars

Soros Fund Management Eliminates Caesars, MGM Stakes, Adds Sands

Soros Fund Management, the family office of billionaire financier George Soros, sold positions in Caesars Entertainment (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) in the second quarter. During the April through June period, the investment vehicle eliminated 31 positions. By order of size,...

Todd Shriber August 13, 2022

AGS Confirms Receipt of Takeover Offer, Ongoing Talks

Slot machine maker AGS (NYSE:AGS) confirmed it received a $10 a share takeover offer, which explains the stock’s 25.25% jump today, adding the bid wasn’t accepted. In a Form 8-K filing with the Securities and Exchange Commission (SEC), AGS doesn’t identify from...

Todd Shriber August 12, 2022
Las Vegas revenue

Las Vegas Gaming Revenue Poised to Slump in 2023, Says Fitch

Led by Las Vegas, the US casino industry is on a record-shattering pace of revenue generation this year. But Sin City gaming revenue could retreat in 2023. Citing the possibility of a broader economic retrenchment, Fitch Ratings says Sin City gaming revenue...

Todd Shriber August 12, 2022
AGS Inspired

AGS Soars on Reported Inspired Entertainment Takeover Bid

Device manufacturer AGS (NYSE:AGS) was easily one of Friday’s top-performing gaming stocks, surging 25.25% on volume that was about eight times the daily average. That came on reports Inspired Entertainment (NASDAQ:INSE) is moving to acquire the Las Vegas-based slot machine maker. Unidentified...

Todd Shriber August 12, 2022
FuboTV takeover

FuboTV Soars on Renewed Takeover Chatter

Shares of FuboTV (NYSE:FUBO) surged 15% Thursday on volume that was more than double the daily average. The spike came amid renewed speculation the streaming entertainment company is a potential takeover target. An article published earlier today by SportsHandle suggests fuboTV could...

Todd Shriber August 11, 2022
Corvex Kindred

Meister’s Corvex Lifts Kindred Stake to 15%

Keith Meister’s Corvex Management has boosted its investment in Kindred Group. It could be the latest indication the hedge fund wants the Swedish gaming company to put itself up for sale, and do so soon. Meister’s investment firm now owns 15% of...

Todd Shriber August 11, 2022
Fox Flutter

Fox CEO Lachlan Murdoch Sees ‘Clarity’ Coming in FanDuel Arbitration

Fox Corp. (NASDAQ:FOX) CEO Lachlan Murdoch believes resolution to the media company’s long-running arbitration against FanDuel parent Flutter Entertainment (OTC:PDYPY) could emerge in the coming months. He made remarks about the company’s second-quarter earnings conference call with analysts on Wednesday. As regards...

Todd Shriber August 11, 2022

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