*U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 12 percent at $17.38, while the S&P financial index rallied 4 percent, its largest daily percentage gain since November 2011. "Europe was strong and especially the banks in Europe, and that appeared to have some positive carryover effect on sentiment towards banking...» Read More
CNBC's Kate Rogers reports on what could be the final chapter of the bankrupt Atlantic City casino, The Revel.
John Bruce, director of Operations, Macau at Hill & Associates, says the mass market is holding up despite China's anti-graft drive and expects new properties opening later this year to be a boost for Macau.
Alex Bumazhny, director, Gaming, Lodging & Leisure at Fitch Ratings, says March's gambling revenue shows sequential improvements and expects projects rolling out later this year to stabilize the sector.
Jonathan Galaviz, partner of Global Market Advisors, says weakness will be the key theme for Macau's gaming industry over the next few quarters.
Here's 2 trades you may be missing, with the FMHR traders. Josh Brown's read on the weakness in the casino stocks, and Stephen Weiss would stay away from Caterpillar.
Las Vegas was hit hard by the recession, but things are looking up for the city's casinos, Caesars CEO Gary Loveman said to CNBC.
It's been a tough few years for casino operators in Las Vegas, but Caesars CEO Gary Loveman said things are getting better.
According to data from SportsBookReview.com, Kentucky has 1-1 odds of winning the tournament. This team gets 80 to 1.
Discussing the state of casino gaming, Keith Smith, Boyd Gaming president and CEO, says the trajectory for downtown Las Vegas is very positive. Boyd also tells Closing Bell's Kelly Evans about new skills-based gaming.
As Native Americans debate whether or not to grow marijuana if their lands are located in states where it's legal, Jane Wells speaks to Priscilla Blackhawk Rentz and Deanne House of the Mountain Ute tribe about the pros and cons.
DeNA has launched a “business and capital alliance” with gaming giant Nintendo; meaning that Luigi and Mario could be on your phone quite soon.
Discussing challenges facing Macau, with the "Fast Money" traders.
While the revenue decline is smaller than expected, Macau's gaming sector appears set to be under pressure following lackluster takings during the Lunar New Year holiday, says Leon Liao, research analyst at Jefferies.
Macau-related casino stocks will likely come under pressure in the medium to long-term as gaming revenues remain challenged, says Jonathan Galaviz, partner at Global Market Advisors.
Michael Van Cleef Ault, owner of Pangaea nightclub in Sinapore is now betting that Manila's casinos will be able to draw the rich through his doors.
Christopher Jones, Union Gaming, outlines reasons for weakness in gaming stocks.
Alex Bumazhny, analyst at Fitch Ratings, says the mainland's corruption crackdown is driving high rollers to the casinos in Australia, instead of Singapore.
Jon Oh, Research Analyst at CLSA, outlines the need for casino operators to focus on China's middle class. He later discusses his expectations for Genting Singapore's earnings.
Joseph Greff, JPMorgan, looks at MGM and whether casino stocks are worth betting on.
The Clarion Hotel and Casino just off of the Las Vegas strip collapses in a controlled demolition early this morning. The 202-room hotel opened in 1970, and has been known as the Debbie Reynolds, Greek Isles, Paddlewheel, Royal Americana and Royal Inn, and closed its doors to the public last year.