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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

4375 stories by Todd Shriber

Wynn Macau

Wynn Loan to Macau Unit Negative Sign, Others Could Follow, Says Morgan Stanley

Wynn Resorts (NASDAQ:WYNN) extending a $500 million credit revolver to its Wynn Macau unit is a negative sign. But other concessionaires in the world’s largest casino center could follow, according to Morgan Stanley analysts. The bank says the move by Wynn implies...

Todd Shriber June 15, 2022
FanDuel PGA

FanDuel Unveils Star-Laden Commercial Targeting Golf Bettors

FanDuel is employing some serious star power in a new commercial aimed at boosting interest in golf wagering. The sportsbook operator, a unit of Flutter Entertainment, said today it is rolling out a new commercial featuring current FanDuel PGA Tour partner and...

Todd Shriber June 14, 2022
Wynn Macau

Wynn Resorts Loans Macau Unit $500M

Wynn Resorts (NASDAQ:WYNN) is extending a $500 million credit facility to its Wynn Macau arm to shore up its finances. According to a regulatory filing with the Hong Kong Stock Exchange, the credit revolver carries a two-year term and an annual interest...

Todd Shriber June 14, 2022
GAN Buyback

GAN Extends Share Buyback Plan

GAN Ltd. (NASDAQ:GAN) announced today it is extending a previously announced $5 million share repurchase program. The move potentially provides some relief to its badly battered shares. The gaming technology provider said it’s pushing the deadline of the previously announced buyback plan...

Todd Shriber June 13, 2022
Penn insider trading

Former Penn National Software Engineer Charged with Insider Trading

The Securities and Exchange Commission (SEC) today said it’s charging an ex-Penn National Gaming (NASDAQ:PENN) employee with insider trading. The charge stems from the casino operator’s $2 billion purchase of Score Media and Gaming. In a complaint filed in federal district court...

Todd Shriber June 13, 2022
New Macau Gaming Law

Macau Gaming Law Now Mandates Operators Can’t Directly Invest in Each Other

The third version of Macau’s still in-the-works revised gaming laws will reportedly mandate that concessionaires and their biggest investors cannot directly invest in competitors. But they can indirectly own up to 5% of rivals. The stipulation on investors applies to those owning...

Todd Shriber June 13, 2022
PointsBet

PointsBet Reportedly Rebuffed Murdoch-led Group Bid for Aussie Business

PointsBet (OTC:PBTHF) reportedly turned back an acquisition offer for its Australian unit valued at up to $211.1 million. The bid came from a group led by Rupert Murdoch’s News Corp and legendary Aussie bookmaker Matthew Tripp. Citing unidentified sources familiar with the...

Todd Shriber June 12, 2022
Caesars

Caesars Deleveraging Story Poised for Dramatic Acceleration, Says Analyst

Caesars Entertainment’s (NASDAQ:CZR) debt burden stood at $13.5 billion at the end of March -- among the highest in the gaming industry -- but one analyst sees the company’s debt-reduction efforts potential accelerating over the near-term. In a recent note to clients,...

Todd Shriber June 12, 2022
Sports Betting Advertising

Sports Betting Advertising Soars 281% Through May

Sports wagering national advertising nearly quadrupled for the nine months ending May 31, soaring 281% to $282 million over that period, according to iSpot.tv. From September 2021 through May 2022, total impressions jumped 48% to 18.2 billion, compared with the year earlier...

Todd Shriber June 10, 2022
Penn National

Penn National Casino Spending Resilient, Digital Premium Gone, Says Analyst

Penn National Gaming’s (NASDAQ:PENN) land-based casinos remain sturdy. But investors are no longer assigning a premium to the operator’s digital business, which includes Barstool Sportsbook. However, resilient spending among patrons frequenting regional casinos isn’t satisfying market participants, as highlighted by Penn’s 40%...

Todd Shriber June 10, 2022