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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

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

3855 stories by Todd Shriber

Nevada casinos gaming revenue Las Vegas Strip

Casino CFOs Have Worst C-Suite Job Security in Industry, Survey Says

Chief financial officers (CFOs) are among the highest-ranking executives at any company. But across a variety of industries, occupants of those roles face lower pay than other high-level executives, and substantial job insecurity. That holds true in the casino gaming industry as...

Todd Shriber February 20, 2024
DraftKings Jackpocket

DraftKings Jackpocket Deal Unique but Adds Complexity, Says Analyst

Last week, DraftKings (NASDAQ: DKNG) delivered disappointing fourth-quarter results while lifting 2024 revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts. Analysts, however, largely focused on the announced acquisition of online lottery provider Jackpocket. DraftKings said it’s paying $750 million...

Todd Shriber February 20, 2024
NY Sen. Joe Addabbo

Resorts World New York Staffers Decry iGaming Legislation

Cash-strapped New York is looking for new revenue sources, with iGaming getting plenty of attention. But that doesn’t sit well with employees at Resorts World New York in Queens. The push for internet casinos in New York is led by State Sen....

Todd Shriber February 18, 2024
Craig Billings

Wynn CEO Craig Billings, Other Execs Reduce Positions in Casino Stock

Wynn Resorts (NASDAQ: WYNN) CEO Craig Billings and some other high-ranking executives at the casino operator modestly trimmed their exposure to their employer’s stock. A recent Form 4 filing with the Securities and Exchange Commission (SEC) indicates that on Feb. 8, Billings...

Todd Shriber February 18, 2024
Penn stock

Penn CEO Open to Acquisitions, Sees Limited Las Vegas Opportunities

Penn Entertainment (NASDAQ: PENN) is open to dealmaking to add to its portfolio of land-based casinos. But CEO Jay Snowden doesn’t currently see much supply to consider on the Las Vegas Strip. While casino operators are always amenable to making a deal...

Todd Shriber February 16, 2024
DraftKings stock

DraftKings Spent $700K on Private Jet Travel for CEO Robins in 2023

DraftKings (NASDAQ: DKNG) spent $700K on private air travel last year for cofounder and CEO Jason Robins. That detail was revealed in the company’s annual report, which was published Thursday in conjunction with the operator’s fourth-quarter earnings release. In the filing with...

Todd Shriber February 16, 2024

DraftKings Lifts 2024 Guidance with $750M Acquisition of Jackpocket

As it so frequently does when it delivers quarterly financial updates, DraftKings (NASDAQ: DKNG) raised its revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts. But the high-flying shares modestly retreated in after-hours trading because fourth-quarter sales missed Wall Street...

Todd Shriber February 15, 2024
tractor pull

Tractor-Pull Betting May or May Not be Sexy, But It’s a Thing

Paraphrasing Kenny Chesney’s 1999 hit song, She Thinks My Tractor’s Sexy, tractor and truck-pull betting is coming to life. Full Pull Entertainment is bringing tractor and monster truck-pulling wagering to the masses with the debut of the Full Pull mobile betting application....

Todd Shriber February 15, 2024

Carolina Panthers Owner David Tepper Boosts Caesars Stake

Appaloosa Management, the hedge fund controlled by Carolina Panthers owner David Tepper, increased its stake in Caesars Entertainment (NASDAQ: CZR) in the fourth quarter. The Harrah’s operator was one of several previously held positions in which Appaloosa boosted its exposure during the...

Todd Shriber February 14, 2024

MGM Provides Support to IAC Investment Thesis, Share Stake Rises

Barry Diller’s IAC/InterActiveCorp (NASDAQ: IAC) posted fourth-quarter revenue that missed Wall Street estimates. But the shares rallied Wednesday due in part to the company’s large stake in MGM Resorts International  (NYSE: MGM). The sharp move higher by the media conglomerate’s stock arrived...

Todd Shriber February 14, 2024