Reporter:
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 [email protected].
Areas of Expertise
4291 stories by Todd Shriber
Boyd Bounces on New $500 Million Buyback Plan
Shares of Boyd Gaming (NYSE: BYD) delivered a much-needed bounce early Monday after the regional casino operator announced a new $500 million share repurchase program. The Las Vegas-based company said its board of directors approved the buyback plan. Boyd also declared a...
Resorts World NYC Casino Bid Could Be Derailed by Ohtani Translator Betting Scandal
The probe into the illicit sports wagering habits of Ippei Mizuhara, the former interpreter for Los Angeles Dodgers superstar Shoei Ohtani, could be detrimental to Genting’s ambitions of procuring a New York City casino license. Malaysia-based Genting owns Resorts World New York...
MGM Will Be Held to Host City Agreement in Possible Springfield Casino Sale, Say Officials
Nearly two months ago, reports surfaced that MGM Resorts International (NYSE: MGM) is mulling the sale of its regional casinos in Ohio and Springfield, Mass. Officials in the Massachusetts city said they intend to hold the gaming company to the terms of...
Caesars, DraftKings, Others Want Competitive Washington, DC Sports Betting Market
It’s been less than a month since FanDuel took over as the lone mobile sportsbook operator in Washington, DC, but rivals are already clamoring for access to online sports betting in the US capitol. Earlier this week, representatives from BetMGM, Caesars Sportsbook,...
Golden Entertainment Sees Buybacks Preferable to Nevada Acquisitions
Golden Entertainment (NASDAQ: GDEN) dramatically reduced debt while announcing its first-ever quarterly dividend. Such efforts, including share buybacks, could be the casino operator’s preferred avenues for returning capital to shareholders rather than acquiring gaming venues in Nevada. Last month, the Strat operator...
PlayAGS Soars on Deal to Be Acquired by Brightstar for $1.1B
Shares of slot machine maker PlayAGS (NYSE: AGS) surged 26.56% Thursday on volume that was 35 times the daily average after the company said it has agreed to be acquired by Brightstar Capital Partners for $1.1 billion. The offer from the private...
MGM Resorts (NYSE: MGM): IAC Now Owns 20% International Shares
Barry Diller’s IAC/InterActiveCorp (NASDAQ: IAC) now controls 20% of MGM Resorts International’s (NYSE: MGM) shares outstanding, making the conglomerate by far the largest investor in the casino giant. In his first-quarter letter to investors, which coincided with the company’s earnings report out...
Red Rock Shares Slump on Durango Cannibalization Concerns
Shares of Red Rock Resorts (NASDAQ: RRR) tumbled Wednesday after the casino operator delivered first-quarter revenue that missed analyst estimates while noting the new Durango Casino & Resort in Southwest Las Vegas has pilfered business from its other properties. In midday trading,...
Wynn Sees UAE Spend of $900M, Confirms Interest in Thailand Casino
Wynn Resorts (NASDAQ: WYNN) expects to contribute approximately $900 million to the Wynn Al Marjan Island integrated resort in Ras Al Khaimah, United Arab Emirates (UAE). That’s according to comments made by Craig Billings on the gaming company’s first-quarter earnings conference call...
Virgin Taking Over Las Vegas Casino Ops, Mohegan Out
Virgin Hotels Las Vegas and Mohegan Gaming & Entertainment announced on Tuesday that Virgin Las Vegas is entering a “transition period,” which will ultimately result in Virgin taking over casino operations at the off-Strip property. Following the conclusion of that transition, Mohegan...