do a straight bet. >> okay. >> then i can place my bet, confirm it.nd watch out for the tweet button. >> so we just sat in the middle of manhattan and made an online bet with a company in panama. >> panama. after i set up the account, i couldn't quite figure out how to deposit money when i got a phone call on my cellphone, and a guy walked me right through how to put money on the book using my credit card. >> you didn't ask for help. >> no, just got the call. >> you just got a call. >> yeah, and he just assured me that there wouldn't be anything on my credit card statement that said "betonline." and sure enough, this is the company that eventually showed up on my credit card statement. >> a company that sells safety goggles and gloves and hard hats? >> that's the one. >> narrator: so we tried to order some work boots. >> bogdanich: is this moser safety? >> narrator: but the woman who answered there said it was actually "a third-party payment support service for gaming and betting sites." >> bogdanich: is your company helping an online gambling ring ev

could sports betting expand outside of vegas?ow new jersey is trying to win the right to legalize wagering within its borders. "bloomberg technology" is livestreaming on twitter, check us out. this is bloomberg. ♪ emily: volkswagen is looking to take on the likes of uber. they unveiled a six cedar battery-powered bus. a modified van will roam the streets of hamburg next year. they are expected to replace one million cars across europe and the u.s. by 2025. doubt sports betting has become increasingly popular over the years. much in part thanks to fantasy sports and betting plan forms like draftkings and fanduel. according to the american gaming association, american the legally gamble millions of dollars on sports every year. heard hours ofrt arguments in the case that could open the door to allowing new jersey and other states to offer legal sports betting. as of right now, they banned sports wagering in every state but the band the -- but nevada. a decision is expected by the end of june. lockeg us from l.a., mark . what does t

the reason jockeys are not allowed to bet on basesis jockeys are not allowed to bet on bases is obviousined up in bases is obvious and very important, ifjockey lined up in a race with a bet on another horse in that the potential for corruption is obvious. at no stage did the bha consider her bets to have been a risk to the integrity of the sport, but by placing bets when she held the professional jockeys placing bets when she held the professionaljockeys license, she was clearly in breach and the panel decided it was serious misconduct, suspending herfrom racing for three months. i clearly did break the rules and i think i've spent my whole adult life putting into the sport. more than i should have done. a bitter pill to swallow. the panel said he had been lax and complacent towards the rules of racing, the rules about not betting are there. you would have been aware. do you accept there has to be zero tolerance? i accept there has to be some sort of punishment, definitely, because i was in the wrong, absolutely. three months is quite harsh, though. ronnie 0'sullivan‘s impressive form i

if we legalize sport betting will this be one more thing to put in atlantic city?t might help the horseracing industry, but why not legalize it across the board and that every establishment that has a liquor license allow for betting? >> i think it's the states right issue and i think that's what you'll hear argued in front of the supreme court including governor christie who is supporting it. for other states have it. new jersey voters voted for it in the referendum so i think this is something that will come. >> to my point, frank, even if we win this thing, we keep pouring money and ideas into atlantic city. the only time it worked was when half the casinos failed in closed and now they're seeing some revenue. you've got thousands of small businesses that will benefit but i'm not sure we have the will of government to implement it the right way. >> i think the big picture is governor christie is taking this as far as he can. it will be a legacy move if he can get this done on his way out. i'm happy to see him working hard. he still the governor for another month

. >> place your bets. the supreme court hears a landmark case that could open up more of the country to sports betting, potentially generating billions. those stories tonight on "nightly business >>> good evening, ever welcome. aisle tyler mathisen. sue her area has the evening off. best way to describe today's move, moody. the euphoria that saw the blue chip index soar more than 300 points following the weekend's passage of the senate bill, that euphoria was mostly gone by the closing bell. there's a sense investors are to figure out which sectors will benit whi won't from the tax reform. that could be why the tech-heavy e dow jones industrial aver was up 58 points. nasdaq was off 72, more than 1%, and the s&p 500 up for much of the day, was down almost three. despite today's mixed finish, the market rally this year has really been impressive. what s investors do now? mike san tolli takes a look. >> reporter: i and that moment market when investors are asking to lock in gains or let them ride. the index i

i am talking about betting on sports games. justice sotomayor: there are four states permitted to continue. mr. olson: nevada has sports betting, regulated. it has opened books and so forth. those other states were small slivers of lotteries. what i am saying is that betting on sports is taking place all over the united states. if 5% of it is illegal in nevada, the rest of it is illegal. new jersey decided -- justice sotomayor: why don't we legalize marijuana and all drugs because there is a rampant market out there for those drugs? we have made a policy choice that we do not want the state involved. congress enacted laws with respect to marijuana and other laws. various states have done various different things but we have no question here that whatever congress intended to do was pass a law. we look at the statute, the statute says it is an act to prohibit gambling under state law, not federal law. the process starts with the idea that there must be a federal constitutional provision on a statute or in the constitution and th

where all limits on sports betting are removed. if the court permits i would like to reserve the remainder of my time. >> thank you, mr. olson. mr. clement. it doeshief justice, three basic things. it tells the states they may not themselves operate or advertise a sports gambling schemes such as a sports-based lottery or sports book. second, it tells private parties that they may not operate or advertise a sports gambling scheme pursuant to state law. thirdly, it tells states that they may not authorize or licensed third parties to conduct those stores -- sports gambling schemes that would violate federal law. >> it does so by this mechanism, it leaves in place a state law based date -- the state doesn't want so the people of new jersey are bound to the law be state doesn't want but the federal government compels to say to have. that seems commandeering. >> we don't think it operates in that way. we think if new jersey wants to say we are going to lift all of our prohibitions, we think at least after that law, it would not be preem

they have been trying to repeal a part of the law that criminal ices sports betting in casino.nment has told them that they cannot do this. now the ncaa has said that look, you know, sports betting would under mind the integrity of sports. despite the fact that, illegal sports betting is rampant, there are reports that the industry makes a hundred billion with a b, dollars a year. so they are arguing that look this law has been in the books we are not telling new jersey what to do but what we are telling them is they need to stay out of sports betting all except those four states grandfathered back in 1992. but here, i want to point out that the justices were asking lots of questions, and because they hate controversy they hate dealing with constitutional issues, many believe that they will find a way to resolve this issue were not, without dealing with what the federal government can and cannot tell states to do with regard to sports betting. >> we understand to that end the ruling in this case can have broader implications beyond sports betting. >> definitely. if the court we

a sports bet.he governor and new jersey lawmakers spent the day at the us supreme court trying to sway the justices to see things their way and legalize sports betting in the garden state. >> fox 29's jeff cole has our story. >> reporter: it was a high minded argument in washington today about state's rights but the bottom line is sports be betting a big bucks business and new jersey wants in. >> early december day atlantic city famous boardwalk drew brisk foot traffic. waves lapped against the sand and some here dreamed of sports betters streaming in. >> what if they eat at one much our restaurant that's star staro do bad. hop on a jitney started to do bad. it would bring everything arou around. it should have been done already. >> reporter: sports gambling is seen as savior in this one hype time glittery casino mecca facing competition on all fronts. it's why chris christie showed up at supreme court monday to support his lawyer arguing for bets on ballgames. >> we're prepared in new jersey. we'r

the rules about not betting are there and you would have been aware of them. tolerance? i accept there has to be some punishment because i was in the wrong but three months is quite harsh. now, they've had many famous fa cup nights in the past but today's hereford team are looking to create their own bit of history — they face fleetwood town in a second round replay. and dan pallett is at edgar street for the bbc. welcome to edgar street, scene of many a famous fa cup tie and home fa ns many a famous fa cup tie and home fans are hoping for another one this evening. the club is now called hereford fc, a premier league side now, and because of that they are all part—time players and there is one small school in herefordshire thatis one small school in herefordshire that is rooting for them. it is mid—morning and this class are learning maths but miss butler is taking a back seat. mr tinsley is in charge this morning. and this shot is into the corner of the net by calvin tinsley and hereford are in front. calvin tinsley may be an fa cup goal—scorer but he is also

you can bet that seven cars that are going on in on their way into manhattan are just packed full ofpeople you know standing standing room only people you know people just part of the end there is barely enough space so if there were to be an explosion in in this area that potential for injury is quite massive as the area tends to be quite packed with commuters on mornings like this now the port authority building that's where the boxes that are coming into the city tend to deposit that's also you know at the site of a train station this is just a block away from times square and this is thirty second street this is midtown manhattan which is quite a busy area and that is a very large security and police presence in that area at all times that we've seen that there have been previous incidences there you know most recently there was that there was the incident where there was the individual who was driving through times square trying to injure people with his car and there were fatalities and pat it was really very heavily monitored and police huge amount of surveillance a huge polic

in each of the 21 betting terminals. in each of the 21 betting shops.ked to celtic ‘s good, but in only two of the shops. —— asked himself the betting shops will have customers they are familiar with. they will know the faces. is it too much to ask to keep track of strangers? some say the betting industry is a clever and sophisticated industry, using all kind of algorithms for online gambling and so on. we found problems with people trying to self exclude from online gambling sites which you would think would be easier. under pressure from the regulator to make sure people who wa nt to regulator to make sure people who want to self exclude can self exclude. there are big questions to be asked about the responsibility of the gambling industry. the industry makes a lot of money from the repeat gamblers, especially fixed odds betting terminals making them money. is it in the interest? the association of british bookmakers say they take the issue of problem gambling seriously. senate, the independent organisation who administer the multi—operator self exclu

i bet all those entrepreneurs out there. those moms and pops, those moms and dads who have been waiting for a president is a leader to give them more of their hard earned money are going to go ahead and start more businesses. i have to take a point of personal privilege, folks, and cob graduate late you, i don't know if you are too hum being to tell your viewers. steve: we have not manipulationed it. >> i have to do it, i'm sorry. roll the tape, please, the three of you were ranked the number one most influential media figures, number one on the list. and the guy with the combo lawn mower zamboni behind us. i hope he made the list of 100. i can't think of 100 people in the media i hope he made it congratulations to you, i think influence and impact are important because we're trying to get our message out here. we appreciate the platform. steve: that was from mediate. let's talk about most influential companies in the united states of america. yesterday after the tax cut was passed by the house. after it was passed by the se

. >>> new jersey governor chris christie goes to washington on a bet. a sports bet.and new jersey lawmakers are hoping to sway the supreme court to see things their way and legalize sports betting in the garden state. in 2011, new jersey voters voted to legalize sports betting to help bolster the economy. you know whole bunch of professional sports league and the ncaa challenged the state policy in court by attempts to legalize sports betting its way it's way to the us supreme court. experts say if legalized the industry could yield christie spoke about all this on the court steps today. >> we're prepared to new jersey. we're ready to go. and that's why the horsemen have joined us in this case. because they're ready to go as well. so we can have it ready to go two weeks beanie's decision by this court that would enable us to do it legally. >> 18 other states are siding with new jersey in the case. federal government is siding with the sports leagues. >>> penn state pat toomey says new tax bill that just passed in the senate is quote tremendous. toomey is a member of

if you remember earlier this week there was a bet. i ran into a cowboys fan who had a bet with a coworker that happened to be a redskins fan. when he went on the redskins will win, it sounded like lyrics to an open mic session. ♪[music] >> the cowboys are 0-3. >> 0-3. >> it's like the cowboys quit. thought of wearing another man's jersey to work. i may call in sick. >> i'm sick. >> oh. you know i had no choice but to wear it. redskins, they failed to show up in their biggest game of the year. ♪[music] >> now i have to do this remix with all of these redskins fans are shedding tears. >> i tried to push those redskins haters away. but they warned me when i took this job that the skins will always disappoint you one day. >> oh, yes. pretty much done and now i have to wear this stupid jersey because the dallas cowboys won. >> they won. >> but a bet is a bet. >> yes, it is. >> the redskins were defeated. >> i had to drive around this city wasting up all my gas. the same goes for this jersey that cost $74.99. do you know how long it took me

investors with us specifically are trying to take this bet.they want exposure to cryptocurrency and they're deciding how much risk they want to take. they're deciding if that's 2% of the portfolio or 10% or 20%. my mandate is to capture the short term alpha in this market and provide some exposure to the upside >> last question, ari. 50,000 by the end of next year, if that's not your call, what is your call for bitcoin? and what's your favorite cryptocurrency at this point in terms of upside? >> my call is for extreme volatility with upside potential, which was what makes a very attractive call in terms of favorite cryptocurrency, it's hard to pick one but one that i think has very real fundamental value is manero, a privacy focused cryptocurrency with strong engineering. >> isn't that the one used by criminals? >> everything is used by criminals, including the u.s. dollar and the euro. >> that's true thank you for joining us, ari paul, fascinating stuff. this is right up your alley, dan. >> hopefully we'll be doing it on "options action." whe

they like, you know, to bet on sports. and if you going to do blackjack why not do sports betting.ight as well go all out don it all. >> reporter: you heard governor christie. he says the state will be ready two weeks after they possibly get court approval but it's likely he'll be long gone from office by then. live in hamilton township, i'm jeff cole fox 29 news. folks? >> all right, thank you much, jeff. >>> let's check in with for fox 29 weather authority. kathy orr not in the weather authority per se but look at that in moorestown, burlington county. counting down to this year's tree lighting, right? >> we certainly are. what a beautiful night. we couldn't have picked a better night and of course over to my left we have the moorestown high school madrigals the best of the best a cappella these are sophomores, juniors and seniors. that are going to be entertaining the crowds tonight. so very excited about that. >> let's talk a little bit about the weather because it's just a great night to be outdoors no matter what you're going to be doing. temperatures around the pretty comfor

or something that's the gamble they're taking but that's what's being regulated now the derivative bet on the underlying so one there will be transparency into the derivative bets which will be good customer protection no your credit customer and i money laundering things that guard against you know weapons and drug trade and all that stuff nobody likes. but in addition since my old agency will be regulating the derivative they actually have a legal arm into the underlying actual bitcoin so that will start to be regulated more and more and they'll try to find out well who's trading is the big banks is it not big banks is it is it individuals money managers who is in their trading and once we get that clarity that's going to take place over a number years then i think this regulation will not just be good for consumers it'll be good for the digital folks because will be more confidence in what's going on in the markets and then people can feel like they're in. testing in digital currencies like an asset class like you would tabitha with gold but right now i'm worried what's happening is

you don't see an 11—year—old walk into a betting shop and betting 200 on a horse race, you know, butg industry and the regulator remains, to keep pace with those businesses who unscrupulously target young people. sian lloyd, bbc news. the broadcaster keith chegwin, known to millions of children

there's sports betting in europe. >> it's not like the greatest business >> here are the concerns you make it legal federally and put a limit on it. >> they start out this booming thing. then enough people go through the mill and you just have that core use they're wants to bet on games. >> says the guy that trades bit coins all day. >> i don't trade. >> just as risky. >> i don't trade >> the point is -- >> no, no, no, i agree it's a great business and why not tax it i don't have a problem i don't think it's as big as people assume it's going to be for example, because he knows, it was a limit of how many he could really have that would actually do well and make a lot of money. >> you don't think this is going to be big? >> it will be big when it starts off. we had a poker craze in 2005. >> this is the totally different. >> they went nuts and it was a huge business and then it kind of shrank and then went away. >> i think this will be big but not as big as we already think. >> it just exists in the shadow. just shift it over >> transparency and tax. >> right >> it's the 2017 world we

if this thing doesn't sell 50 million units, maybe we should be betting against it.ebruary, you can sell the 170 calls, when i was looking at this earlier todayfor $5.80, buy the 175s against it for 360, net/net you'll collect $2.20 this spread is $5 wide, a very nice risk/reward relationship. you'll collect the 220 if it drops or even if it rallies up to 170, and even you still have some profits if it goes slightly higher than that it is only above 172.20 that you would see losses >> brian, what do you think of the trade? >> it makes a lot of sense to start to look at some of these names of them and maybe some that are going sideways like apple. a key support level for apple to pay attention to, if we break there starting the new year, maybe you want to put this call spread on and be short the call spread because there could be more downside to this thing. these things have had such great runs having said that, you guys, carter and mike, talked on "fast money," the u.s. technology sector is a place to still be. i don't think you get completely out of it. i think tha

>> small caps have been lagging the market but if history's any indication, it could be your best bet into year end and later -- investors have been rushing into retail stocks but there's something in the charts that suggests one name has run too far, too fast. we'll break it down. it's time to risk less and make more the action begins now. >> let get to it as the dow and s&p 500 close at a record high, small caps have stalled out, posting its worst week in a month. with tax reform on the horizon should you buy these stocks into year end >> in general you should buy things into year end seasonally this is a good time to be long stocks. i don't see a whole lot of reasons why this thing's going to roll over and fall out of bed. i'm talking about equities generally. we often talk about relative valuation. if you take a look at the russell 2000, this is trading at or below where the s&p is trading. so it suggests that you could still be long here >> so there's a lot of bigger seasonal factors to the markets. but also this notion, if we do get tax passed, shouldn't we see this group rally

i bet they pull it off if it does occur monday, i bet the stock at general mills will jump because people will say a lot of consolidation in food that's why i want you to litghte up on the stock. i think good news here means sell some here everyone from costco today to walmart to foot locker, target, macy's if we get a good quarter from bed, bath & beyond which is a retailer blasted repeatedly by the death star that is amazon, then you're going to see another leg up to the retail rally that's a big if though as bed and bath hasn't had the most consistent execution. you hear the theme right from me rally, rally, rally. like last night when everyone went home and they were throwing away stocks. rally. the hits keep coming on thursday, accenture reports it's run so much that now you have to wait until it delivers a so-called disappointment i say so-called because accenture stock has a pattern. every report from this expert induces selling. it always appears to be nothing than a recharge for the stock to resume the long march higher i think it does the same thing again. we also hear from carm

professional sports leagues are against betting.merican gambling association estimates americans illegally wager $150 billion on sports each yea refunded $10 million to his customers over the weekend. all because the houston astros won the world series. mattress mack promised to refund all mattresses purchased for $3,000 if the astros went all the way. they did. he did. last night mattress mack invited the lucky customers back for a refund party. some astros players even showed up. >> my daughter called from austin. i was on the phone and i said i can't believe they won. i said i was so excited. she said you stayed up and watched, right? i said yeah, i was watching in bed. which was free. >> i think he is a great ambassador for the city. he did a heck of a job helping people out during the hurricane. he is a very giving person. we are happy to be here supporting gallery furniture and sharing the world series with the >> mattress mack opened up his house area stores to evacuees during hurricane harvey. ironically a storm rolled throu

. >> supreme court will hear arguments whether to allow sports betting in the state of new jersey. >> let's look at weather and traffic, david and karen are here for that. i had ice crystals on the glass. >> reporter: you were not alone, it was not just because of the cloud over your head. >> reporter: a little frost on the windshield and patching fog and icy patches around the region. you can see once we get hit and run of -- rid of the morning foe have sunshine breaking through and some of the clouds marching in from the west will start to mix in. 30 degrees in allentown, 26 in reading. 29 degrees in lancaster. 28 in trenton. 33 degrees, just above freezing in philadelphia. 31 in wilmington, 26 in millville. again look out for maybe icy patches every now and then, especially if you have frost on the windshield or you see fog. all those sorts of conditions are not going to be concern for all that long. 35 degrees by 7:00. starting to improve, 54 by 3:00 p.m., that's the high, after this talk of frost in the morning, don't worry the afternoon will be mild. 7:00 p.m., 47 degrees, let's

we will use alternates 16th or 20th is your best bet, again 18th and 19th street are closed right nown center city. that does in the lah good. we have another one out there, cow path road at your neck of the wood just making your, making you aware. we are showing a lot of green around here but your alternates, side streets an inside road around that area as well. we had a disable vehicle here cool shot schuylkill westbound at conn show who can then disable has been moved out but you can see how many are out there we're still talking about this overturn truck with injuries, head up ac expressway eastbound pennsylvania route 541 lane opened but i still advice to use your alternate, 322 or route 30 is probably going to be your best bet and earlier we were looking at bumper to bumper conditions here so tensions around this area have eased up a bit, new back over to you. >>> we have an update on break ing news, out of australia one of two men in custody for ramming a vehicle in the crowd in melbourne is an australian citizen and has a history of drug and mental health issues. bbc is report

but now attention turns to 2018 and some are betting on a fall take a look at the short sellers.hey have painted a bull's eye on an absolute dollar basis. they say apple, amazon, intell, netflix and facebook have some of the highest levels of no show short interest in the market they make money by betting against companies they taing are value. and the one stock that has seen its short interest rise it most is apple in the past 30 daysiliti s its interest bringing the total to 1.8 billion on an absolute basis. stratiests are underweight but they're concerned about crowded positioning among other worries. >> just to be clear these are absolute dollar terms. so the bigger the company is, like an apple, it more likely it will have a greater dollar amount of short interest, correct? >> that's correct. >> great reporting, josh josh lives in san francisco. if you're worried any of these stocks could take a hit. and take it away, mike >> we're going to take a look at calling a spread number one they have a higher probability of profit than simply selling out right secondly they can have

you don't see an 11—year—old walk into a betting shop and betting 200 on a horse race, you know, but can do it with this. there is no stopping that. some games providers have put more safeguards in place, but the challenge for the gaming industry and the regulator remains, to keep pace with those businesses who unscrupulously target young people. sian lloyd, bbc news. the broadcaster keith chegwin, known to millions of children and young people in the 1970s and 80s as one of television's most familiar presenters has died of a lung condition at the age of 60. he played a part in pioneering new programme formats, such as multi—coloured swap shop and cheggers plays pop in a varied career that would span five decades, as our correspondent lizo mzimba reports. his energy, his sheer enthusiasm, made keith chegwin into a household name. welcome to our very special christmas edition of cheggers plays pop. a career on tv seemed somewhat inevitable, even in his early teens. he was a natural in front of the camera, in productions like this road safety video. gosh, thanks! do you want to swap th

or something that's the gamble they're taking but that's what's being regulated now the derivative bet on the underlying so one there will be transparency into the derivative bets which will be good customer protection no your credit customer and i money laundering things that guard against you know weapons and draw. trade and all that stuff nobody likes. but in addition since my old agency will be regulating the derivative they actually have a legal arm into the underlying actual bitcoin so that will start to be regulated more and more and they will try to find out well who's trading is the big banks is it not big banks is it is it individuals money managers who is in their trading and once we get that clarity it's going to take place over a number years then i think this regulation will not just be good for consumers it'll be good for the digital folks because will be more confidence in what's going on in the markets and then people can feel like they're investing in digital currencies like an asset class like you would tabitha with gold right now i'm worried what's happening is you

i would still avoid it to begin w59 for bet about it through bucks county, your best bet, wood half tone alternate. sue, back over to you. >> okay, we've got a day where we won't have to worry about rain, the traffic is enough to gave you a pain today. a seven out of ten, it is go carolling day. so hat not a bad idea. i want to sneeze any second now, just warning you, i can feel it coming. there it is. here comes -- another one. i apologize. buddy, so sorry, buddy. anyway, temperatures are in the 30's, 40's, and before we go get a tissue we'll tell you this might be the mildest temperature of the day in philadelphia. because now we shift to northwesterly wind. and that will continue throughout the day. so we will see temperatures go down, maybe bump back up again little bit with sunshine in the afternoon. so, what we're going for is 43 . remember, it is 49 degrees now about 44 degrees by lunchtime, increasing sunshine, chillier afternoon, 45 degrees, we've got 4:39 sunset, karen, but after tomorrow, those daylight hours, get a little bit longer >> i love. that will turning the corner. th

on both sides if everybody can only bet long guess where the prices are headed through the roof and that's what we've seen in the over the counter trading today but i think that's going to be tempered by this derivatives trading cboe is helpful but that was helpful this amount c.m.e. group bianca's the largest futures exchange most liquid futures exchange all around the world so we've gone from cboe helping out the bitcoin trading so i think c.m.e. really stepping up again and again to game in a gargantuan style well what do you think this means for oversight and enforcement and queen trading now that it's become so popular do you think we could see new regulations or major changes going forward. there may be some regulations down down the road i probably look towards you know that the f.c.c. is doing some regulations with regard to my old agency the commodity futures trading commission they're trying to define what an actual physical delivery is so if you have a futures contract and you say i'm one you know january futures on on bitcoin and you actually go to delivery you actually

dagen: if you bet on some of the giant corporations in the united states, you are betting on the globe. that's why you have seen even the dow do a mighty job keeping up with the nasdaq and the s & p 500 in 2017 in terms of overall performance. >> if you look at the emerging markets, they outperformed u.s. markets this year. i think that trends will continue. we have been in an 8-year bull market. so we are in the 7th or 8th inning. the emerging markets valuations are a lot lower. growth rates are higher. so when you are thinking about positioning your portfolio for 2018 you have to start thinking about the rest of the world. >> would you underweight the u.s. and overweight the markets? >> i would say most of portfolios are underweighted in the foreign markets. the average portfolio is 70-80% large cap. you get a 40% to 50% what he-in- what he-in. he -- -- 5% weigh-in. we have the infamous facebook, amazon, google, microsoft within all those companies trading at high multiples. a lot of them had a 50% return. if you look at your portfolio you probably own those stocks outright. and fund

it is worth betting. there is the technology angle.he technology that sky has is a transitional technology that can attractable company viewers. the kind of internet plays like netflix and amazon that our view on demand. they have the kind of technology that lets you record shows, it provides an on-demand type experience closer to that. it allows third-party providers to come in so that you are viewing through the setup rocks and have a huge array of media available. that is a powerful combination. it is the direction comcast has moved into in the u.s. it is looking at something like sky as a unique opportunity for them to build the global footprint that they have not had before as you mentioned. matt: it is pretty classic duplicity, right question mark brian roberts is going to get a first. i wonder what sort of regulatory hurdles there are to this deal. thch is more likely to sail rough, they both have a lot of assets in the space. which is less likely to get snagged by the department of justice? david: the disney advantage appears t

bet.overnor and new jersey lawmakers are in washington, d.c. hoping to sway the justices to see things their way and legalize sports betting in the garden state. fox 29's jeff cole has the sto story. >> reporter: the lure of atlantic city has always been the ocean. its famed boardwalk and, of course, gambling. faced with stiff gaming competition, the city's luster has dulled a bit. it's why sports gambling is seen here as a lifesaver. >> people do it at home. they do it at work. why not do it in casinos? >> for me it's more interesting than gambling in casino. >> reporter: you'd rather bet on athletics. >> it's more interesting. >> reporter: and lying toll help fit state and local budgets why new jersey chris christie joined steve sweeney at the supreme court monday in washington, dc, to hear the arguments. >> we're prepared in new jersey. we're ready to go. and that's why the horsemen have joined us in this case, because they're ready to go as well. so we could have it ready to go within

, but football is a big betting thing. >> it is, but not you. >> certainly in the me.as sleeping. >> winning streak over and they are no longer top seed in the nfc. mistakes killed the eagles. look at that one. oh, man. they need to bounce back. >> that is right. >> i posted on my instagram alex holley tv you are dance to this song by big sean, late knee book tie a a l but do you think eagles will bounce back or should we scale back our expectations. >> as they fly into michael: i'm thankful that i'm alive and have a second chance. james: i'm thankful for the help and the opportunity that i received. darlene: i'm thankful to be able to help people in crisis. vanessa: i'm thankful that addiction is treatable, and that help is available. christie: new jersey is experiencing a heroin epidemic fueled by opioid painkillers. but if you or someone you love is struggling with addiction, i want you to know: we are here for you. this holiday season, choose help. call 844 reach nj or visit reachnj.gov. >>> if you just down the road from seattle, eagles cannot, at the eagles suffe

use an alternate route one or route 13 is your best bet. we were looking at video of cars pulling up and they were closed off and whipping in the median just to avoid that because it is going to start to get busy. i-95 being closed use route one or route 13 as your best bet and they are hoping to be cleared up by 6:00 a.m. and we will have more in a little bit then this construction schuylkill eastbound closed between vine and south street see the crane on the roadway construction here or the cones in the roadway here and also one westbound lane is still closed. i'll let you know when they move out of the way. >> special guest paid a visit to philadelphia's franklin square. >> look who greeted crowd at annual light show mayor jim kenney as buddy the l if, santa made an appearance. >> i necessity him jim, i know him. >> that is not the real one. >> real santa's hard at work at north pole, this santa this year is councilman mark squilla. >> oh, okayy know the real one >> yeah. >> are you on the good list. >> depends on the day. >>> at first y

but let's not dwell on the past it goes by so fast let's go long on the future i place that bet we can have the best markets we've ever had yet but it will take tough questions what about you if one has strict new rules should the other one to would you slow down speeds if it impacted your profit needs would you reduce the volume if it leveled your exchange ship would you drink that all down or would you just take a sip how about digital currencies is that where we should stash our cash and what about these dark pools that seem all the rage are they really what's best for this age at this stage and some of the rules if i dare do say they're stupid they're silly they get in darren way so let's consider the future let's look at it anew which things are important what should we do. i know folks here at boom bust will be looking at those questions going into twenty eighteen thanks for watching if you're to catch boom bust on you tube at youtube dot com slash boom bust r.t. see you next time. was running insisting that we did not in keeping him i am. i was to twenty list as lost as they are

how risky is the bet? >> you saw the full numbers and there is a very, very unpopular bill. but republicans are going ahead with it anyway because in large part because they feel like they need a legislative and political victory. it's worth remindng ourselves of the process here that they are using to get the bill through. not to say the process has not been used before for major len legislation, but worth pointing out that this is a major piece of legislation that will overhaul the tax code and it being used because senators want to use justice and majority to get this through without any democratic votes. >> all republican enterprise on a big issue which is a bet heading into the mid-term. the republican base will like this for the most part. republican donors will like this, but in the middle of the electorate in the subbushes in alabama and new jersey and virginia where the republican balance in the house could be at play, will they sell it? that's heading into next year. >> getting this done is a lot less of a risk than health care. the fact remains that this is the be

because it was not listed on a regulated exchange futures also give investors a chance to more easily bet against bitcoin. and as you mentioned earlier, morgan, cme and nasdaq are expected to offer similar futures markets for bitcoin in the weeks and months ahead >> do we know anything yet from the cbo in terms of the volumes that got enacted overnight heavy volume, small volume >> there were about 1,000 contracts that traded hands yesterday, slightly less than analysts were expecting. but it's clear that now that this market has started, now that more people are coming to work on a monday, tuesday, wednesday, we could see more participation in those markets. >> and you can understand why someone like the cboe or cme to come want to get in "in because the margin they can charge on it is huge. >> and they want to be where people are trading and clearly there's been a lot of interest in bitcoin a lot of critics point to this and say maybe these exchanges got in too quickly into bitcoin, because there are a lot of unknowns there's a lot of risk. there's a lot of volatility clearly associated

. >> still to come, the supreme court takes up new jersey's case on sports betting.sion a number of states are keeping their eye on. >> and a popular baking item that may help treat those with psoriasis. >> and a man honors those that saved his lifing it's time, america. there's work to be done. it's not going to be easy. but there's grit inside of you. and if you need extra motivation the grad fund at strayer university can help push you forward. because up to your last year of classes could be on us. that's right. on. us. today is the day. strayer university. let's get it. stepping into the unknown. it can be difficult to find the way. but with the compassion and security of independence blue cross obstacles become openings. as we have for nearly 80 years, we'll continue to light the way with the card accepted in all 50 states. giving you the power to shine forward to whatever awaits tomorrow. independence blue cross. live fearless. >> president trump is all in, formally endorsing alabama senate candidate roy moore. the senate republic, moore has been accused of se

. >> still to come, the supreme court takes up new jersey's case on sports betting.s a decision a number of states are keeping their eye on. >> and a popular baking item that may help treat those with psoriasis. >> and a man honors those that saved his lifing during a game in bucks county thanksgiving day. those stories and more when "action news" returns. >> president trump is all in, formally endorsing alabama senate candidate roy moore. the senate republic, moore has been accused of sexual assaulting teenage girls one young as 14 when he was in his 30s. the president called moore afigt 'em. >> they'll try it again this week, republics, democrats and the president meeting to hammer out a budget to keep it going past friday night. chuck schumer and nancy pelosi refused to show town a meeting at the white house after president trump tweeted there wouldn't be a deal. the american line scheduling glitch could be costly to the airline, about $10 million. the mix up left thousands of holiday flights unstaffed. they reached a deal to pay pilots double wages over the chris