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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 [email protected].

Areas of Expertise

4291 stories by Todd Shriber

Sports Betting Stocks

Genting Still Mulling New York Stock Listing

Genting Malaysia Bhd is still considering a New York equity listing that would be comprised of an entity holding some of the company’s US gaming assets. The long-talked-about move is viewed as a potential avenue for delivering value to shareholders and was...

Todd Shriber June 14, 2024
Codere

Codere Announces Fifth Restructuring to Cut Debt by 92%

Codere, the Spanish gaming giant that’s the parent of Codere Online Luxembourg (NASDAQ: CDRO), announced a fifth restructuring agreement Thursday that will result in the elimination of 92% of its debt. Under the terms of the pact with creditors, the gaming company’s...

Todd Shriber June 13, 2024
Light & Wonder

Light & Wonder Unveils $1 Billion Share Buyback Plan

Shares of Light &Wonder (NASDAQ: LNW) perked up a bit during Thursday’s after-hours trading session after the slot machine manufacturer announced a $1 billion share repurchase program. The newly announced buyback plan replaces a previously deployed $750 million repurchase effort that was...

Todd Shriber June 13, 2024
Selwyn Balkissoon

Genting Bullish on New York, RWNY Casino License Prospects

At its annual meeting this week, Genting Malaysia Bhd sound an optimistic tone on its operations in New York, including the prospects for Resorts World New York landing one of the three downstate casino licenses the state has yet to award. In...

Todd Shriber June 13, 2024
Pennsylvania casino smoking

Casino Investors Taking Hardline Against Smoking

More major investors are pressing publicly traded casino operators to move to smoke-free environments, and the 2024 proxy is evidence of those elevated efforts. This proxy season has seen efforts by large shareholders of Bally’s (NYSE: BALY), Boyd Gaming (NYSE: BYD), and...

Todd Shriber June 12, 2024
NFL Sunday Ticket

After DraftKings, FanDuel, No Second Tier in Online Sports Betting

It’s been widely noted that in the world of online sports betting, DraftKings (NASDAQ: DKNG) and FanDuel control 70% or more of the market, and while they don’t lack for competitors, some analysts believe there’s not a viable second tier of rivals...

Todd Shriber June 12, 2024
social casino stocks

Playstudios to Purchase $24.6M Worth of Shares Held by Microsoft

Shares of social casino developer Playstudios (NASDAQ: MYPS) rallied in Tuesday’s after-hours trading session after the company announced that it's purchasing $24.6 million of its equity held by Microsoft (NASDAQ: MSFT). While not a share repurchase program in the traditional sense, the...

Todd Shriber June 11, 2024
Bally's Bronx

Bally’s Sounds Positive Tone on Bronx Casino Prospects

Although it still needs some help from some politicians, Bally’s (NYSE: BALY) is bullish on its prospects to land a permit to develop a casino hotel in the Bronx, NY. Last year, the Rhode Island-based regional casino operator acquired the lease rights...

Todd Shriber June 11, 2024
regional casino headcount

Boyd Board Appointment Stokes Penn Takeover Chatter

Shares of Penn Entertainment (NASDAQ: PENN) traded higher Tuesday after rival Boyd Gaming (NYSE: BYD) announced a board appointment that stoked speculation it could be mulling an acquisition of the rival regional casino operator. Late Monday, Boyd said it added Michael Hartmeier...

Todd Shriber June 11, 2024
Brandon Johnson

Chicago Mayor Cautious About Bally’s Permanent Casino Property

Bally’s (NYSE: BALY) is coming off an impressive revenue showing in May at its temporary Chicago casino, and is slated to start construction on the permanent gaming venue at the Freedom Center in the River West section of the city next month....

Todd Shriber June 10, 2024