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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 Casino.org.

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 Casino.org 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, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

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 todd.shriber@casino.org.

Areas of Expertise

3953 stories by Todd Shriber

Golden stock

Golden Entertainment Sells Distributed Gaming Unit for $361.5 Million

Golden Entertainment (NASDAQ: GDEN) announced Monday it's selling its distributed gaming operations in Montana and Nevada for $322.5 million in cash plus estimated cash considerations of $39 million upon closing of the transaction. Privately held J&J Ventures Gaming is acquiring the businesses...

Todd Shriber March 6, 2023
Arabian Strip

Wynn Trademarks Confirm ‘Strip’ Verbiage for UAE Casino

Wynn Resorts is looking to bring a taste of the Las Vegas Strip to the United Arab Emirates (UAE) with its upcoming casino-resort on Al-Marjan Island. It wants to use related vernacular. Filings indicate that the gaming company recently registered trademarks for...

Todd Shriber March 4, 2023
regional casino headcount

Regional Casino Margins Expand as Headcount Dwells Below Pre-Pandemic Levels

Following the 2020 reopening of gaming venues and subsequent rally in share prices, margins became a significant part of the story for regional casino operators. One analyst says margin expansion by regional gaming companies has been accrued via lower staff counts. In...

Todd Shriber March 4, 2023
MGM rising rates

Las Vegas Sands, MGM Helped by Rising Rates, Says BofA Strategist

Ten-year Treasury yields closed at 3.964% on Friday, and earlier this week, two-year yields touched 4.9%, the highest levels since 2007. Those are signs rising interest rates remain a potential thorn in the side of corporations and investors. In theory, higher interest...

Todd Shriber March 3, 2023
gaming equities

Wynn Macau Selling $600M in Convertible Bonds

Wynn Macau announced Friday the sale of USD$600 million in convertible bonds, which is open only to professional investors. The debt bears a coupon of 4.5% and comes due in 2029. In a regulatory filing with the Hong Kong Stock Exchange (HKSE),...

Todd Shriber March 3, 2023
Hard Rock

Hard Rock Russia Ties Could Jeopardize New York Casino Plans

Hard Rock International’s relatively modest exposure to Russia could endanger the tribal gaming giant’s plans to win a highly prized New York City casino license. A pair of franchised restaurants bearing the Hard Rock name -- one in Moscow and another in...

Todd Shriber March 3, 2023
MGM Rewards

MGM Unveils Daily Tier Status Booster Program

MGM Resorts International is giving customers new ways for earning tier credits and reaching coveted status levels within the MGM Rewards platform. But there are some catches. The Aria operator recently unveiled its “Daily Tier Status Accelerator” program. That allows visitors to...

Todd Shriber March 2, 2023
FanDuel

FanDuel Off to Stellar 2023 Start, Flutter Investors ‘Supportive’ of US Listing

Already the largest online sportsbook operator in the US by a wide margin, FanDuel is off to a strong start this year. It is supporting solid financial results for parent company Flutter Entertainment (OTC: PDYPY). The Irish gaming behemoth provided investors with...

Todd Shriber March 2, 2023
Golden Entertainment

Golden Eyes $30M Strat Renovation, Could Sell Distributed Gaming Biz, Says Analyst

Golden Entertainment (NASDAQ: GDEN) is pledging to spend at least $30 million this year sprucing up the Strat Las Vegas ahead of November’s F1 race and the 2024 Super Bowl. One analyst believes the company could eventually sell its distributed gaming business....

Todd Shriber March 2, 2023
BetMGM

BetMGM, MGM Resorts Debut MGM Riches Slots

MGM Resorts International and its BetMGM unit announced the debut of MGM Riches Slots­ -- the first slot machine offering available on BetMGM’s iGaming platform and at the parent company’s land-based gaming venues. The gaming companies note bettors will be presented with...

Todd Shriber March 1, 2023