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,, and The Wall Street Journal. His work has been published on sites such as Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and He joined the 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:

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1463 stories by Todd Shriber

Tropicana Las Vegas Drawing Interest, But Prospective Buyers Lacking Cash, Says GLPI

Tire kicking on Tropicana Las Vegas continues, but owner Gaming and Leisure Properties (NASDAQ:GLPI) says many of the interested suitors don't have the cash to make an acceptable offer. GLPI owns the property assets of the venue, while Penn National Gaming (NASDAQ:PENN)...

Todd Shriber February 19, 2021

Tropicana Las Vegas Drawing Interest, But Prospective Buyers Lacking Cash, Says GLPI

Caesars Drops Korea Casino Projects, Sells Stake to Former Partner R&F Properties Caesars Entertainment (NASDAQ:CZR) reportedly sold its stake in an integrated resort project in Incheon, South Korea to its now former partner, Guangzhou R&F Properties Co. Ltd. An unidentified official from...

Todd Shriber February 19, 2021

DraftKings Could Get Canadian Boost, Says Analyst

DraftKings (NASDAQ:DKNG) is one of the US-based gaming companies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. Earlier this week, the House of Commons resoundingly passed Bill C-218. It's legislation that...

Todd Shriber February 19, 2021
Canada sports betting

Canada Green Lights Single-Game Sports Betting In Win for theScore, Other Gaming Companies

In a highly anticipated move, Canada's parliament on Wednesday approved wagering on individual sporting events, paving the way for eventual introduction in provinces and territories. Bill C-218, legislation introduced last year by Member of Parliament Kevin Waugh (Saskatoon-Grasswood), was voted on and...

Todd Shriber February 17, 2021
Yokohama RFP

Unidentified Operator Advances in Yokohama Casino RFP Process

The Japanese city of Yokohama said Tuesday one company already met early qualification standards for an integrated resort bid. Japan's second-largest city started accepting pre-screening applications from interested parties on Feb. 5 for a process that will run through May 17. Yokohama...

Todd Shriber February 17, 2021
Penn National

Stanley Druckenmiller Pares Penn National Gaming Stake

Hedge fund manager Stanley Druckenmiller's Duquesne Family Office reconfigured its equity portfolio in the fourth quarter, including reducing its position in Penn National Gaming (NASDAQ:PENN). According to a Tuesday 13F filing with the Securities and Exchange Commission (SEC), the regional gaming stock...

Todd Shriber February 17, 2021
Boyd Gaming

Boyd Gaming Has ‘Underappreciated’ Catalysts, Says Analyst

Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. That's despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. On Tuesday afternoon, the Orleans operator said it earned 73 cents a share on the basis of generally accepted...

Todd Shriber February 17, 2021
Caesars stock

Loeb, Litt Drop, Reduce Exposure to Caesars Stock

Some well-known money managers reduced or outright eliminated holdings in Caesars Entertainment (NASDAQ:CZR) in the final three months of 2020. Dan Loeb's Third Point hedge fund departed the gaming giant's shares in the fourth quarter, marking the end of a brief flirtation...

Todd Shriber February 16, 2021
DraftKings stock

Soros Rings Register on DraftKings Stock, Exits Gaming Name

Soros Fund Management, the family office of billionaire financier George Soros, has liquidated its position in online sportsbook operator DraftKings (NASDAQ:DKNG). DraftKings was one of three stakes Soros Fund Management eliminated entirely during the fourth quarter. The other two are not gaming...

Todd Shriber February 16, 2021
PlayAGS stocks

PlayAGS Stock Has Double Potential, Says Roth Capital Analyst

PlayAGS (NYSE:AGS) stock is in rally mode Tuesday, after a sell-side analyst said shares of the gaming device manufacturer offer significant upside potential. On Tuesday, Roth Capital analyst David Bain reiterated a “buy” on the slot machine maker will lifting his 12-month...

Todd Shriber February 16, 2021