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
Bally’s Should Accept Standard General Takeover, but Probably Won’t, Says Analyst
Bally’s (NYSE: BALY) should accept the $15 per share acquisition bid floated Monday by Standard General, but the regional casino operator is unlikely to do so, according to an analyst. That’s the view of Wells Fargo analyst Daniel Politzer. He commented on...
Boyd Family, Other Insiders Dump Casino Stock
Members of the Boyd family and other high-ranking executives at Boyd Gaming (NYSE: BYD) have recently been selling shares of the casino stock. Since February 20, Boyd insiders, including Chairman Emeritus Bill Boyd -- son of the company’s founder Sam Boyd --...
Bally’s Forms Committee to Mull Standard General Takeover Bid
Bally’s (NYSE: BALY) announced its board of directors has formed a special committee to evaluate the $15 per share takeover offer floated yesterday by Standard General -- the hedge fund that owns about 23% of the casino operator’s shares outstanding. The move...
TruTV Leans Into Sports and Betting in Attempted Refresh
With the NCAA Tournament kicking off later this month, this is the time of year that television viewers are reminded about the relevance of TruTV. The rest of the year, not so much. But parent company Warner Bros. Discovery is looking to...
Las Vegas Casino Consumer Still in Strong Shape, Says Analyst
Visitors keep finding their way to Las Vegas, and that could be beneficial to casino operators’ first-quarter results. Likewise, Macau concessionaires and online gaming firms are positioned to reap the benefits of resilient consumer spending trends. Citing stability among consumers, Macquarie analyst...
FanDuel Officially Replacing GambetDC in Washington, D.C.
It’s official. FanDuel is taking the reins from GambetDC as the lone sports wagering mobile application in Washington, D.C. The Office of Lottery and Gaming (OLG) announced the change following recent speculation regarding such a move. Greek gaming company Intralot will maintain...
Standard General Offers $15 a Share For Bally’s, Down More Than 50% From 2022
Soo Kim’s Standard General, the hedge fund that controls 23% of Bally’s (NYSE: BALY) equity, offered to acquire the remainder of the regional casino operator for $15 a share, valuing the target at a 41% premium to the March 8 close. While...
FanDuel Rumored to Replace GambetDC in US Capital City
The widely criticized GambetDC mobile sports wagering application could be on borrowed time in the nation’s capital. That's amid rumors that FanDuel will replace it. A Friday letter was penned by Office of Lottery and Gaming (OLG) Executive Director Frank Suarez to...
Wynn CEO Craig Billings Calls iGaming Cannibalization Debate ‘Reductive’
The debate pertaining to online casinos potentially damaging their land-based counterparts is, to this point, “reductive.” So wrote Wynn Resorts (NASDAQ: WYNN) CEO Craig Billings in a Saturday post on LinkedIn. Billings said he’s “neutral” on the matter, owing to the facts...
ESPN Bet Making Progress, North Carolina Could Be Big, Says Analyst
On the back of a steep fourth-quarter loss notched by the newly minted ESPN Bet mobile application, shares of Penn Entertainment (NASDAQ: PENN) are struggling. But at least one analyst sees runway for the company to get things right with online sports...