hi, everyone welcome to on the money. i'm becky quick. kwhaps what happens in vegas may not say in veg who is taking a gamble on legalized sports betting. why it's a big deal. a goebel epidemic from bill gates and a long life no matter where you live. >> if you are married you do better if you have a dog you do better. >> why the quarterback not playing in the super bowl taking home more than the one whos. can you say tax laws. and the bigds looser trainer nearly lost his life. on the money starts right now. this is on the money. your money, your life, your future. now, becky quick. we begin with sports gambling.

americans are expecting to bet nearly $5 billion on the super bowl this weekend. according to the american gaming association. only about 3% of those are legal bets. placed in the casinos. but other states seek a piece of the action and of course the profits. gambling on games is this week's cover story. right now you can only place a single game sports bet legally at a casino in nevada. but that could change. the supreme court is considering overturns the professional and amateur sports protection act. that's a 1992 law that prohibits states from authorizing sports betting. nevada was excluded as were three knots organ mt. and delaware that some forts forms of legal sports waging greatered in. but in the 25 years since it passed public opinion flipped. a "washington post" poll show as majority 55% of americans now support making wageering legal. new jersey wants to allow sports betting at casinos and race tracks. and the supreme court is expected to rule on that challenge by this summer.

while all four major sports leagues sued to stop the newman plan there is evidence that opposition to gambling is shifting. nba commissioner adam silver said sports betting should be brought out of underground and to the sunlight where it can be appropriately monitored mp could do betting arrive in your state later? we have two views whether or not it's a good bets. jeff freeman is the president and ceo of american gaming association. and less is the nab national direct of stock spread toer to gambling thank you for being here today. >> thank you. >> jeff let's start with you. you represent the casino industry. so obviously more legal gambling is in their interest. woi do you think it's easier access to gambling on sports why do you think that's a good idea. >> the fact is americans already spend about $150 billion on sports betting each year. 97% of that happens lefl. in every corner of the country with bookies, off shore illegal operators. our point of view is bring this into the regulated legal market. because of the laws in the

united states right now, the only people who can't provide sports betting are legal regulated companies who can protect consumers in the process. >> less, your group is called stop spreader to gambling so we know where you come down on it. to the point we heard from jeff this is taking place right now. why do you think expanding and legalizing it is bad idea. >> what mr. freeman didn't mention is that in 2016 the economist recently reported that americans lost $117 billion already to state sanctioned gambling schemes. and adding you know sports gambling which essentially would be a form of online sports gambling coming into people's homes would worsen the already massive redistribution of welt. >> your comments. >> it's already happening number one. bring it into the legal market so you can protect consumers. we have the point of view that americans can choose for themselves what entertainment they want to enjoy and were spending that money at a ball

game, spending that money at a broadway play or going to a casino, i think we should leave that choice up to them. >> public opinion really is shifting on this. this has taken a big turn in the last several years. why. >> there is no grass roots movement for legalized sports gambling. the reason we have in debate is because you've had powerful gambling interests in concert with a handful of professional sports teams owner billionaires as well as with politicians pushing it. the state of new jersey which is the state where the court case comes from and the supreme court, in 2016, quinn peeng universe said 62% of new jersey citizens thought gambling has not been good for the state. this is not something people are pounding the table for. >> jeff let's talk about super bowl weekend, the super bowl weekend we're looking at. last year $138 million was bet on the super bowl legally. more wagered off shore and local book makers. how much mother more money do

you think would be gambled and taxed if it was legalize sfwlood we estimate this we could with the vbl about $140 will be wagered legally in nevada. about 4.6 billion wagered illegally going to corner books or unregulated entities. like les we share a concern about people not gamble being responsibly. >> what to do about that. >> the illegal market doesn't share the concern. we provide resources for the individuals. we spent more than $30 oh million on responsible gaming programs. the opportunity to bring it into the legal market, do it the right way it's pollee annaish and i pie in the sky making it go away. >> people can tell the people they are addicts, how do you handle that. >> self-exclusion is one of the things that works best in the gaming industry. those identified themselves as addicts remove yourself from the casino, remove yourself for the business. we sport support that on a

national level. >> jeff and les i want to thank you for joining uses in a conversation that will quint. >> thank you. >> thank you. now here is a look at what's making news into a new week on the money. a strong employment report for the month of january. the economy added 200,000 new jobs better than expected. the unemployment rate was steady at 4.1%. lowest since december of 2000. hiring and health care manufacturing strong. previous months revised doneward and wages increased 0.3% can you say volatility? the words the stock market market is learning. dow tumbling triple digits on friday after a medal day tuesday. the nasdaq following a similar pattern as did the snp 500 much of the concern about rising interest rates. as expectsed the federal reserve kept the target rate steady at the meeting this woke. still historically low levels and the fed is expected to increase rates three or four times this year.

the meeting was fed chair janet yellen laft remains bid jr oem powell. police department are naysing a growing problem. made worse by budget constraits having an impact on how first responders do their jobs. kate woj rogers went on a ride along in houston to see the shortage first hand. >> you got to go the extra hand and shake a hand or say good morning that goes a long way. >> jason was important born and raised in houston. after serving in the army reserves post 9/11. he decided to answer the call of service as a patrolman with h p. d. >> i love serving and giving back. i want to do that at the city level and joined the police department. >> working in a department that says it's short as many as 2000 officers for the currently population put a strain on staff. >> you want to do your part and do what you can but you're only one person. you have to take the calls by priority level.

that's all you can do. >> the department has been deploying the officers more strategically and changing recruit techniques offering shorter academies for those with experience as well as marketing to military high school and colleges to apply. this officers also personally works in the the community to forest relationships with minorities in particular. >> be the change you want to see. if you want things to be different join the ranks. >> becky here in hartford short about 100 officers right now. losing an average of 3 per month all around the country departments are trying to do different things to attract and retain talent. partnering with the military, high schools and colleges to get new people onboard and get them while they're young. some are looking at experimental drug policies to maybe reconsider people who experimented with drugs in youth but might make good officers today. doing all kinds of things to find and keep good talent. >> thank you very much.

up next we are on the money fixing health care on a global scare. how billionaire felon throppist gill gates plans to save om of the toughest parts of the worltd with solutions. >> good thing the super bowl is in minnesota and played indoors this time around. bad news for the players they'll be leaving cold hard cash behind. we will explain why. right now look at how the stock market ended the week. you owned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer

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philanthropist and aclaimed doctor and surgeon started on different agents/8 paths but these days the two on a similar nags how to fix complex health

care issues on a global skabl. improving child mortality rates. i recently sat down with both at at the world economic for number davos. >> there is great things in health. new tools, a question of okay as we get digital tools into the system, is that going to be one of the things that doesn't make a difference? where should we try that out? india is increasing what they spend on health. it's a great place to learn. and when we get things to work in india we often take them to africa. getting the personnel to do the right things clearly we have seen in many cases you can cut it in half by good practices. keeping the baby warm would, say kangaroo care if you know the kid is getting cold. maybe has a sticker that turns red. if you know the baby is getting cold put them on the mother's shoulder and hold them, and then their body temperature will go back up. so a lot of it is not expensive

stuff. and yet, you know, we're trying to get it deployed in the toughest places in the world. >> each of you are just innaturely curious about this. and you just want to find the answers. this is something you just think about all the time, right. >> 94% of people survive age 5 to the 60. the big opportunities are really on that bottom end. even in the united states we have -- we have a 20-plus-year difference in life expectancy between whether you live to -- early 60s or early 80s. depending on the city or the income bracket you're in. you see that as well in middle and low income countries. >> some of the coral las vegass are interesting. if you are married you do better. if you have a dog you do better. but income and race are pretty disturbing that those gaps are so large. >> what do you believe is a good way to tackle the ignorance of people who are against vaccines. >> we have seen the recurrence of diseases that had been wiped out before, whether it's meesles or mumps coming back.

a condition that when i was a child and melania trumps vaccination wasn't there i ended up with enself-itis and in -- i feel in a coma three weeks. that was my one think that could have killed me early on in life. among the most dramatic effects on human life come from vaccination. we have to keep reminding people, saying it, and then pointing out when we take it away this is what happens. >> bill, can you tell us a little bit about the announcement you came out with this on malaria. >> malaria is a tough disease still in almost half the countries in the world. we have two things we want to achieve. we want to keep getting the cases down. they've come down by 60%. and we want to shrink the map. we want to learn what it takes to do country ee radmann indications. our big announcement here was $180 million project that's taking the new tools and go after ee radmann indication in

central america. and it's part of that progress that gives uts the understanding and credibility to eventually go after malaria where it's most intense, which is africa. >> up next on the money, why nfl players will be playing a high price for where the super bowl is being played this year. and later being healthy just about eating right and kberzing.

well whether you love tom brady or hate him here is an interesting super bowl fact. win or lose he is bringing home less cash that jimmy garoppolo. why is brady second string on cash. eric is here with more. he has more explain in. >> it's what they call the jobbing tax. many states. seriously it's called the jobbing tax. many states including minnesota tax visiting athletes and entertainers for working a few days in the state and minnesota is near the top of the nation with the state income fax rate tops out on the 9.85%. >> they have to pay what they make all year or the few days they're in the state. >> this is what gets interesting. it's a perverse tax because the doesn't look at how much the player maid made. instead it considers the annual salary and then prorate the number of days they worked in the state. but the definition of working it's not just sunday game day. it includes practice time, media

availability, anything the players did while in town. that could be 7 or more days are for the super bowl players. look at this rough estimate. let's say player makes 20 million per season two hundred days a year for the full season. 100,000 a day if in month for seven days they get tagged as having made $700,000 in minnesota on the prorated basis. 10% of that is as the 70,000 owed in taxes. that's more than the $56,000 they would even get for appearing in the super bowl. the best bet is to somehow fet the money without showing up to minnesota like former patriots back up quarterback jimmy garoppolo. he gets $56,000 anyway because he was on the team most of the year but he already got traded. he doesn't play this weekend. minnesota has no basis to tax him. and remember that athletes stallries don't rise for reaching the playoffs. they're basically playing for free or losing money and it gets complicated because they pay taxes to many states and have to figure out various credits. that's the point. you can lose even when you win.

the longest arms of anybody this weekend not the players it's the long arm of the minnesota tax man. >> how does minnesota keep getting the super bowl if i were the players i would petition the nfl to not make me play there. >> it would be in any state. that's really tricky. it happens for every game. if you do a regular road game in minnesota. road games -- if you're the giants and you visit minnesota and philadelphia and atlanta. >> you got to pay every one of the jurisdictions. >> all the states. you might get credit >> it's probably the only place where you lose money by playing the game there. >> california is pretty high too. >> wow. all right. >> the key as you got to win. if you lose the game you may not be making enough money. but if you win the game you get $112,000. the extra 56,000. >> then good you can pay the tax bill. >> thank you beck guardian. up next on the money a look at the news for the week ahead and a celebrity trainer and now heart attack survivor. bob harper explains why e than ning health is more than

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here are the stories coming up that may impact your money this week. on monday the ism non-manufacturing index for january will be released. that measures the strength of the services sector. on wednesday we'll see how much debt americans are holding when the consumer credit report hits. then get ready to see what's in style in new york fashion week kicks on thursday. on friday, a winter olympic

opening ceremony takes place in pyeongchang, south korea. and it's also the day that apple will be releasing its home services device called home bod, a competitor to google home and amazon he can owe. you may know bob harper as the trainer on the biggest looser. helping people lose weight and changes lives. but 2017 was the year he changed his own life. after suffering a massive heart attack last february he spent time recovering and rethinking the health regimen. his book is call the supercash diet. >> congratulations i can't believe it's less than a year since it happened. >> february 12th is one year. it's been a crazy year. >> i mean, the first thing i thought in hearing this is how does this happen to somebody so health conscious and careful about what he eats and exercises. how does this happen. >> i know, i will say this, the silver lining i guess is so many

people that are fit that look like you have been going to the doctors faster because of what has happened to me. it turned out i had a genetic issue i didn't realize i had. so many people realize you can't just look at your health from the outside. you got to go from the inside out. >> your first symptom was you got a little light headed doing a workout. >> six weeks prior to the heart attack i had dizzy spells and fainted in a gym in los angeles. so these dizzy spells kept recurring. and i just started to adapt. i figured out ways to get around that feeling. and that was -- my biggest mistake. i should have gone to the doctor immediately. >> you didn't have any pains in arms or anything. >> no numbness, no headache. none of those -- no chest pains. i mean i went -- when i was in the gym i went down and not only had a heart attack but immediately went into cardiac

arrest. >> you died. >> i died. luckily. it was the fast action of my friend in the gym, the coach, and there happened to be a doctor in the gym who wasn't a member. he was there for an event. it was like all the forces came together and brought me back to life. >> god bless. since that day you have trained dsh be changed your life and diet drastically what have you done. >> i used to have more of a high protein high fat diet. now my diet is very much more balanced. it's all three macro nutrients. protein fat carbs on on my plate every time. carb has gotten a bad rap cut that to lose weight. which you will. but so many people can't sustain that. >> what are supercarbs. >> knows are complex cash orr

hydrates. fruits and vegetables. there are so many pasta like chickpea, red lentil pb quinoa. >> carbage none that have. >> the pretzels and all those things in the middle of the grocery store that you want to avoid at all cost. >> so not all carbs are created equally. >> that's correct. >> in your book you talk about a lot of other things playing into this including stress management and sleeping. >> i have found that stress management is the number one key to everything in relation to healthy diet -- or healthy lifestyle. if you're stressed out you're going to be more likely to make bad food choices. you're not going to probably work out. sleep is aircrafted. everything falls like a house of cards. manage stress in any way you can. >> bob i want to thank you for being with us sharing the book and congratulations on

everything. >> thank you very much appreciate it. >> it's bob harper again and the book is called the supercarb diet. thank you for joining us. next week would you get behind -- wait a second check it out. where is the steering wheel? we're going a step beyond self-driving cars? is it a good idea or maybe not so much. we check it out next week. have a great one and we will see you next weekend.

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