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
DraftKings, Flutter Tumble as Illinois Advances Sports Betting Tax Hike
On news that the Illinois Senate approved a budget that includes a near tripling of the state’s tax rate on regulated sportsbook operators, shares of DraftKings (NASDAQ: DKNG) and Flutter (NYSE: FLUT) tumbled Tuesday. In the first trading day since the fiscal...
Pretlow Says It’s Time for New York to Realize Casino Revenue Benefits
New York Assemblyman Gary Pretlow (D-Mount Vernon) believes it’s time for the state to put the pedal to the metal when it comes to realizing benefits from casino gaming in the New York City area. It’s been two years since New York...
DraftKings, Red Rock Resorts Among Gaming Companies Tapping AI
Gaming companies are increasingly deploying artificial intelligence (AI) in a variety of ways, confirming the industry could be a dedicated, long-term adopter of the disruptive technology. In a recent report to clients, Jefferies analyst David Katz highlighted DraftKings (NASDAQ: DKNG), Light &...
New York Tough Place for Sportsbook Operators to Turn Profits
With the state’s 51% tax on sports wagering, it’s hard for sportsbook operators to generate profits in New York and that’s one reason gaming companies are increasingly tight-fisted with promotions in the state. In a recent report to clients, Deutsche Bank analyst...
Campaign for Fairer Gambling Says Sportsbook Firms Using ‘Dubious Claims’ in Illinois
Illinois Gov. J.B. Pritzker (D) is pushing to boost the state’s sports betting tax to 35% from 15% to raise needed cash and that’s not to the liking of the gaming industry, which one group says is employing “dubious claims” in a...
Bally’s, Carnival Cruise Team Up on Points Deal
Carnival Cruise Line is the latest cruise operator to partner with a gaming company to appeal to customers’ enthusiasm for loyalty programs. The cruise company said Thursday that Bally’s Rewards members will be able to earn benefits aboard Carnival’s 27 ships. In...
Colorado Voters to Decide on Directing Sports Betting Tax to Water Projects
In November, Colorado voters will decide on lifting the state’s $29 million cap on sports betting taxes that are allocated to water projects. That after Gov. Jared Polis (D) signed into law the bipartisan House Bill 24-1436 (HB 24-1436). Currently, Colorado applies...
Al Sharpton Cautions FTC About FanDuel/DraftKings Duopoly
The Rev. Al Sharpton penned a letter to the Federal Trade Commission (FTC), urging the regulatory agency to examine the potential adverse effects on Black bettors and athletes that could stem from the "gambling duopoly" of DraftKings and FanDuel. In the letter...
Boyd Keeping Eastside Cannery Licenses as Casino Remains Shuttered
Boyd Gaming will maintain licenses for the Eastside Cannery Casino and Hotel for another two years after the Clark County Commission granted related approvals on Tuesday. The commission voted unanimously in favor of granting Boyd a two-year extension on the temporary closure...
FanDuel Off to Fast Start in Washington, DC
In its first month as the lone mobile sports wagering operator in Washington, DC, FanDuel validated the District’s decision to convert to that platform from GambetDC. During its first 30 days of operation in the US capital city, FanDuel’s mobile app and...