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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

3952 stories by Todd Shriber

September hold

DraftKings, Fanatics, FanDuel Unlikely to Debut in Nevada Anytime Soon

Leading online sportsbook operators FanDuel and DraftKings, and upstarts such as Fanatics, are unlikely to enter Nevada anytime soon. That's signaling reluctance to embrace the state’s in-person registration requirement for mobile sports betting accounts. As measured by handle, Nevada has been surpassed...

Todd Shriber October 23, 2023
GLPI stock

MAO Gaming Sues Ameristar Casino in Colorado Alleging Trademark Infringement

Table games supplier MAO Gaming has filed a lawsuit against Penn Entertainment’s (NASDAQ: PENN) Ameristar Casino in Black Hawk, Colo. It claims the operator infringed on trademarks pertaining to MAO’s STREAK blackjack game. As of Dec. 1, 2001, Mississippi-based MAO held the...

Todd Shriber October 22, 2023
McLaren Wynn

McLaren Establishes ‘Brand Beacon’ at Wynn Las Vegas

Recent visitors to Wynn Las Vegas have likely noticed an elite automotive addition to the glitzy Strip venue. The McLaren Experience Center at Wynn Las Vegas debuted six weeks ago, but celebrated its official grand opening on Thursday, Oct. 19. The McLaren...

Todd Shriber October 20, 2023
MGM Water

MGM Stock Draws Analyst Praise Following Cyberattack

Following a September cyberattack that temporarily paralyzed operations at its domestic casino hotels,  MGM Resorts International (NYSE: MGM) experienced a decline of more than 20% -- the definition of a bear market -- but Wall Street remains constructive on the stock. Deutsche...

Todd Shriber October 20, 2023
DraftKings sports betting commercial Kevin Hart

Sports Betting M&A, Market Share Alterations Expected in 2024

The domestic sports wagering industry is evolving and maturing at a rapid pace. But it also remains intensely competitive. That competition could set the stage for interesting goings-on in 2024. Among the items of note to watch next year are the ability...

Todd Shriber October 19, 2023

Sportsbook Operator Promo Spending Wanes Amid Profitability Focus

Lavish promotional bonuses to attract new clients are hallmarks of the US iGaming and online sports wagering industries, but operators’ dependence on that strategy is waning amid an industrywide focus on profitability. In Michigan and Pennsylvania, two mature markets permitting both iGaming...

Todd Shriber October 19, 2023

Tilman Fertitta Las Vegas Strip Casino Project Starting to Take Shape

It’s been about a year since Tilman Fertitta’s Fertitta Entertainment won approval to build a new casino hotel on the Las Vegas Strip. Since then, there’s been little movement on the project, but signs are emerging that’s changing. Recent filings with Clark...

Todd Shriber October 18, 2023
Corvex Kindred

MGM Director Meister Says Company Responded ‘Rationally’ to Cyberattack

Keith Meister, the hedge fund manager who’s a member of the board of directors at MGM Resorts International (NYSE: MGM), said the casino operator responded “rationally” to a September cyberattack. He added that the subsequent slump by the operator’s stock is a...

Todd Shriber October 18, 2023
The Marina Bay Sands resorts in Singapore

Las Vegas Sands Beats Q3 Revenue Estimates, Approves $2 Billion Buyback

Supported by strength at its Macau casino hotels and Marina Bay Sands in Singapore, Las Vegas Sands (NYSE: LVS) delivered third-quarter revenue that beat Wall Street forecasts. After the close of US markets today, the Venetian Macau operator said it earned 55...

Todd Shriber October 18, 2023
Potawatomi, Waukegan, American Place

Some Small-Cap Gaming Stocks Sporting Deep Value Traits

Across the broader market, large-cap stocks are outpacing their smaller counterparts this year, and that scenario holds true among small-cap gaming stocks. One potentially positive result of small-cap gaming stocks lagging large-cap rivals this year is that unusually wide valuation chasms are...

Todd Shriber October 17, 2023