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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

Fanatics valuation

Fanatics Sportsbook Could Be Live in 12-15 States by Start of 2023 Football Season

Newly minted Fanatics Sportsbook could be live in as many as 15 states by the start of the 2023 football season, according to founder and CEO Michael Rubin. He made those remarks earlier today at the Sports Business Journals World Congress of...

Todd Shriber April 19, 2023
IGT debt

International Game Technology Could Be Jackpot for Investors, Says Analyst

Investors don’t need to play slots to hit jackpots, but they can benefit from vibrancy ascribed to gaming device manufacturers International Game Technology (NYSE: IGT) and Light & Wonder (NASDAQ: LNW). That’s the sentiment of B. Riley analyst David Bain who initiated...

Todd Shriber April 19, 2023
Las Vegas Sands

Las Vegas Sands Trounces Q1 Estimates on Macau Recovery

Shares of Las Vegas Sands (NYSE: LVS) surged in Wednesday’s after-hours session. That's after the casino operator posted first-quarter results that topped Wall Street forecasts due in part to the ongoing recovery in Macau. The Venetian Macau operator posted earnings per share...

Todd Shriber April 19, 2023
Caesars F1

VICI Properties Willing to Consider More Las Vegas Strip Acquisitions

VICI Properties (NYSE: VICI) is already the largest landlord on the Las Vegas Strip, owning the real estate of some of the most prestigious casinos in the world. That doesn’t mean it won’t consider adding to that already expansive portfolio. Following a...

Todd Shriber April 18, 2023

BetMGM Posts Strong Q1 Showing, On Track for Profitability Later in 2023

BetMGM started 2023 in strong form. That put the internet casino and online sportsbook operator on pace to meet its previously stated goal of turning profitable in the back half of this year. In its first-quarter financial update, Entain Plc (OTC: GMVHY),...

Todd Shriber April 18, 2023
DraftKings Golden Nugget

Golden Nugget Pulling Plug on Nevada Sports Betting App, Could DraftKings Be Replacement?

Golden Nugget is shutting down its Nevada mobile sports wagering application on April 26. The casino operator notified patrons about the decision in a Monday email blast. Customers without pending wagers can withdraw funds via the app, or by visiting the Golden...

Todd Shriber April 18, 2023

Boyd Gaming Revenue Could Pop on Regional Casino Strength

Boyd Gaming (NYSE: BYD) stock is on a tear this year, soaring 20.92%. But there could be upside to that performance due to strength in regional casinos. In a note to clients Monday, JPMorgan analyst Joseph Greff reiterated an “overweight” rating on...

Todd Shriber April 17, 2023
DraftKings stock

DraftKings Could Be EBITDA-Positive This Year, Profitable in 2024, Says Analyst

DraftKings (NASDAQ: DKNG) could be on pace to accomplish some long-awaited financial objectives this year, potentially stoking more upside in the already hot stock. In a note to clients today, Jefferies analyst David Katz pointed out that DraftKings could generate positive earnings...

Todd Shriber April 17, 2023

Penn Entertainment Downgraded, Analyst Cites Valuation

Shares of Penn Entertainment (NASDAQ: PENN) traded lower Monday after an analyst downgraded the stock, noting it’s fairly valued at current levels. In a note to clients on Monday, JMP Securities analyst Jordan Bender downgraded shares of the regional casino operator to...

Todd Shriber April 17, 2023
MGM Japan Yumeshima Osaka casino

Osaka Casino Could Wrest Profitability Crown from Singapore Rivals

Marina Bay Sands and Resorts World Sentosa, the only integrated resorts in Singapore, are two of the most profitable casino resorts in the world. But that status could be threatened by the emergence of a rival venue in Osaka. Last week, Japan...

Todd Shriber April 17, 2023