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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

Cosmopolitan Las Vegas

Caesars, MGM Among Casino Stocks that Can Shake August Slumps

The S&P 500 entered Wednesday with a month-to-date loss of 1.6%, far worse than the index’s average August performance over the prior decade. This month, travel and leisure stocks, including some widely followed casino equities, were among the most repudiated names. After...

Todd Shriber August 30, 2023
Bet365 Arizona

Bet365 Approved for Arizona Sports Wagering License

Bet365’s U.S. expansion is continuing, as the operator was awarded a sports betting license in Arizona. The Arizona Department of Gaming (ADG) made the announcement on Tuesday. In late June, ADG said it would open bidding for three new sports wagering permits...

Todd Shriber August 29, 2023
Hard Rock Rockford

Gaming and Leisure Pays $100M for Hard Rock Rockford Real Estate

Gaming and Leisure Properties (NASDAQ: GLPI) announced Tuesday that it’s paying $100 million for the real estate associated with the Hard Rock Casino development in Rockford, Ill. The gaming real estate investment trust (REIT) acquired the property from an affiliate of 815...

Todd Shriber August 29, 2023
MGM stock

Bellagio Stake Sale Could Bode Well for Caesars, VICI, Says Analyst

Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) recently announced the sale of a 21.9% interest in the property assets of Bellagio on the Las Vegas Strip to Realty Income (NYSE: O) for approximately $950 million. That price point implies the...

Todd Shriber August 28, 2023

Sporttrade Lands Colorado License

Sports betting exchange operator Sporttrade last week received a temporary sports betting internet operator permit from the Colorado Limited Gaming Control Commission (CLGCC). That paves the way for the company to offer its exchange services in the state. Colorado joins New Jersey...

Todd Shriber August 28, 2023
Gina Raimondo

MGM Applauds Commerce Secretary’s China Visit

U.S. Commerce Secretary Gina Raimondo is kicking off a four-day trip to China to discuss trade and tourism with officials in the world’s second-largest economy. MGM Resorts International (NYSE: MGM) lauded the move. MGM controls about 56% of MGM China, which runs...

Todd Shriber August 27, 2023

FanDuel, NASCAR Announce Partnership

FanDuel and the National Association for Stock Car Auto Racing (NASCAR) announced a deal on Friday in which the sportsbook operator will become an authorized gaming operator of the motorsports series. Financial terms of the multiyear accord weren’t disclosed. As part of...

Todd Shriber August 25, 2023
Sphere Entertainment

Sphere Entertainment Has ‘Too Many Unknowns,’ Says Analyst

Sphere Entertainment (NASDAQ: SPHR), the owner of the MSG Sphere on the Las Vegas Strip, may be leaving analysts and investors with more questions than answers. That’s the take of Macquarie analyst Paul Golding, who reiterated a “neutral” rating on the stock...

Todd Shriber August 25, 2023
Realty Income

Blackstone Selling Bellagio Stake to Realty Income for $950M

Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) is selling 21.9% of its interest in the real estate of Bellagio on the Las Vegas Strip to Realty Income (NYSE: O) for approximately $950 million, valuing the iconic venue at $5.1 billion....

Todd Shriber August 25, 2023
Medinah Temple

Bally’s Temporary Chicago Casino Could Open in Early September

The long-awaited debut of Bally’s temporary Chicago casino could arrive soon after the Labor Day holiday on September 4. Officials from the Illinois Gaming Board (IGB) will inspect Medinah Temple, the site of the temporary casino, on September 5. The following two...

Todd Shriber August 24, 2023