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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

Wynn debt

Wynn Resorts Upsizes Bond Tender Offer

Wynn Resorts (NASDAQ: WYNN) has boosted the size of a recently announced tender offer for a portion of its senior notes maturing in 2025. Earlier this month, the casino operator said it would repurchase $300 million worth of that debt, which bears...

Todd Shriber August 24, 2023
MGM China

China Economic Woes Not Yet Weighing on Macau

Macau’s six casino operators are forecast to notch in aggregate third-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) at 80% of the levels seen before the onset of the coronavirus pandemic, according to Morgan Stanley. That could be a sign that...

Todd Shriber August 23, 2023
DraftKings

Millennials Place Most Sports Bets, Black Men Wager More Frequently Than White Males

In terms of frequency of wagering, millennials bet on sports more than other age groups and within that demographic, Black men place more wagers than their white counterparts. That’s according to a survey by Men’s Health that served as the foundation for...

Todd Shriber August 23, 2023
Billy Walters

Billy Walters Claims Steve Wynn Lobbied Trump Against Pardon

Billy Walters, the legendary sports bettor, claimed a long-running spat with Steve Wynn is the reason former President Donald Trump commuted his insider trading sentence rather than granting him a full pardon. In his widely anticipated autobiography, "Gambler: Secrets from a Life...

Todd Shriber August 22, 2023
Light & Wonder stock

Light & Wonder Stock Has Big Upside Potential, Says Analyst

Light & Wonder (NASDAQ: LNW) stock is on a torrid pace in 2023, posting a year-to-date gain of 29%. But at least one analyst sees the potential for much more upside. In a note to clients on Tuesday, Redburn Atlantic analyst Andrew...

Todd Shriber August 22, 2023
NFL Sunday Ticket

FanDuel Strikes Deal with NFL Sunday Ticket

FanDuel, the largest US online sportsbook operator, announced Monday that it's partnering with NFL Sunday Ticket to provide bonus bets to the gaming company’s clients and lure new customers to the football viewing package. The unit of Flutter Entertainment (OTC: PDYPY), the...

Todd Shriber August 21, 2023
Macau debt

Macau Retakes Lead as World’s No. 1 Casino Hub from Las Vegas

The Chinese gaming enclave is getting its groove back. In the first half of this year, Macau’s six concessionaires generated a combined GGR of $10 billion, well ahead of the $7.5 billion notched by Nevada casino operators, according to the Wall Street...

Todd Shriber August 21, 2023
NFL ad spending

With NFL Season Looming, Expect More Sports Betting Ads

The 2023 NFL Season kicks off on Thursday, Sept. 8, with the defending Super Bowl champion Kansas City Chiefs hosting the upstart Detroit Lions. Whether or not the Chiefs can hoist the Lombardi Trophy again remains to be seen. But there is...

Todd Shriber August 20, 2023
David Portnoy Hamptons

First World Problems: Portnoy Chides New York Post on Hamptons Mansion Article

A Hamptons real estate controversy was sparked Thursday when the New York Post reported Barstool Sports founder David Portnoy dramatically cut the price of his mansion on Old Montauk Highway, implying he’s “desperate for cash.” Thing is Portnoy said his property in...

Todd Shriber August 18, 2023
Fanatics

Fanatics Will Eventually Add Trading Cards, Collectibles to Betting Loyalty Program

In the future, Fanatics will add collectibles, including Topps trading cards, to its sports wagering loyalty platform though an exact date for the addition isn’t yet known. A spokesman for the company told Casino.org that collectibles will be part of the Fanatics...

Todd Shriber August 18, 2023