betting has always been part of sports, legal or not, but since the expansion of legal sports bettingside of nevada in 2018, it's suddenly much more visible. st over the hudson river from new york city, at the fanduel sportsbook at the meadowlands in new jersey, capacity is limited to 35% as a covid precaution, but that doesn't mean that it's not busy. >> we've done our best to create an environment where they're able to at least feel comfortable being in here and be socially distanced, so i don't think the excitement is any different. i think, if anything, the excitement is more this year than it was last year. >> sreenivasan: andrew kleiman is the senior director of operations for the sportsbook. it is the largest sports betting operation in the country and part of the dramatic growth of the industry in new jersey since becoming legal. last year, new jersey sportsbooks took in nearly $400 million in revenue. it was nearly $100 million more than 2019, despite the pandemic. and it generated more than $50 million in state taxes. >> when we were able to open up, it almost was like a per

people want entertainment, they are making bets and that applies to sports betting.en that, how much are you expecting to fall off when this stay-at-home world starts to emerge from this pandemic? is that going to mean volumes are reduced for fanduel? matt: we don't think we will see any falloff in volume. we think we will see more growth. the reality is sports betting has always been around. it is been in the illegal markets and states have legalized and we have been able to take shares from the illegal market and most of the growth we have seen related to that phenomenon versus pent up covid demand. we operate a really strong retail footprint. when we talk to customers, the growth we are seeing is being powered by people either trying it for the first time, it is something that they take -- that they think they will continue to do, or someone is doing it illegally. guy: i want to carry on with the comparison with robinhood. a lot of the saga around robinhood has been driven by, some people say stimulus checks. do you think some of the money that you are going to se

that's the latest state to legal ize online sports betting, kip levin, fox bet ceo had this to say.ow fast the overall market has grown, there are now over 20 states that the have some form of legal sports betting, now live and upfront. there's broad interest in obviously big big dollars and as well, i think the states under the current environment, an opportunity for them to legal ize it and regulate it and get the tax dollars that come with it too. gerri: now, if you want to participate, check out your state's rules. it's different everywhere. for example, in new york state here, you can only bet a gamble on sports from three brick-and-mortar locations, casinos in upstate new york and i'm sending it back to you, connell, i'll say that the biggest gambler, money gambler in the super bowl, betting 3.4 million, is a guy named jim mcinvale, a guy who does this every year it's part of the way he promotes his business. he's betting on tampa bay. as am i. back to you. connell: 3.4 million. oh, wow. gerri: i'm not betting that much connell: well, yes, you're betting more we know we senior

a record number of americans are expected to place online bets for the big game.'ll be speaking with the cofounder and ceo of draftkings coming up, jason robbins. but first, 49,000 jobs were added to the economy in the month of january in line with expectations as the unemployment rate fell all the way down to 6.3%. stocks having their best week in months on the heels of this report in hopes that congress will push through even more money, more stimulus, that nearly $2 trillion stimulus package looking like it is going to go through. joining me right now to talk about the impact is guggenheim investments chief investment officer scott minor, guggenheim with $300 billion in assets under management. scott, it's great of to have you this weekend, thanks so much for being here. where do you see the u.s. in terms of our economic recovery? let's start there after these jobs numbers on friday. >> well, you know, maria, i think while we still have a lot of ground to cover to get back to where we were before the pandemic, i think things are in pretty sold shape. -- solid s

as fox bet officially launches sporting bets and online gambling products. all of the action is going to be let's go to geraldo rivera it willis. you always know where the action is. gerri: [laughter] charles you're very optimistic, but yes, so i've taken a good look at this okay? we'll have an all-time high of online sports betting, 500 million that's up from 300 million last year. keep in mind this is legal betting, that's why the numbers so low, right? what's going on with the popularity of online wagering is rising and more states are legalizing it, as a result, more than half of us, 51 % of americans are going to bet, well, in any form, on sunday's game between the tampa bay buccaneers and kansas city chiefs. most of us, many of us, actually , will do it online, in fact 7.6 million of the 23.2 million who will legal ly wager on the big game will do it online and last year another seven states allowed online betting bringing the total number to 20. now, all of this is coming as fox bet, you mentioned them, this is owned by fox corporation , the parent of

a record number of americans are expected to place online bets for the big game.'ll be speaking with the cofounder and ceo of draftkings coming up, jason robbins. but first, 49,000 jobs were added to the economy in the month of january in line with expectations as the unemployment rate fell all the way down to 6.3%. stocks having their best week in months on the heels of this report in hopes that congress will push through even more money, more stimulus, that nearly $2 trillion stimulus package looking like it is going to go through. joining me right now to talk about the impact is guggenheim investments chief investment officer scott minor, guggenheim with $300 billion in assets under management. scott, it's great of to have you this weekend, thanks so much for being here. where do you see the u.s. in terms of our economic recovery? let's start there after these jobs numbers on friday. >> well, you know, maria, i think while we still have a lot of ground to cover to get back to where we were before the pandemic, i think things are in pretty sold shape. -- solid s

, so you may turn a $5 bet into a hundred dollars of return. it allows users to do is to pick the four or five things that they think is going to happen and create a custom bet, so you have limitless options. that's been something that more than half our players are using now. >> hey, it's brian kechl i'm curious. you're saying this seems to be like the zenith of the sports betting sometime with stay at home, with legalization coming, with the super bowl. what do you do for the other quarters to keep either earnings smoothed out or where are the growth opportunities outside of kind of this one hit wonder? >> well, we have such strong tail winds in the industry, i'm not worried about continuing to drive a lot of growth throughout the year we have the broadest product portfolio of any of our competitors, so we operate fantasy sports, sports betting, online casino and horse racing we have a calendar that naturally kind of plays out throughout the whole year. you have new states like virginia and michigan that have just turned on for us, and demand

consider, too, is we're just in the early innings of this sports betting cycle. as live betting becomes more important, the platforms will be able to give you more products you're also going to have younger people in college grow up more on the legalized channels the market could be huge you've seen estimates in ten years you have a hundred percent of the population, sports betting could be >> thanks for being on you've had the call for this one nine months or so, so great. how do you get there what do you think is the most likely think to go wrong to make things not as rosy as they have been for quite a while >> yeah. the target is it's a combination out to 2030 which assumes draftkings has 30% share and some -- then a high revenue multiple comp of other disrupted internet companies like a peloton, a fiber what could go wrong, it's regulation that's what -- you look at new york state, governor cuomo was attempting to do a single provider model, which i think would be bad for the industry, rile, and would disrupt up ovation. so it's unfavorable legislate. >> grea

points bet has the partnership with nbc sports.aking a run for it bowie, formally twin river, they plan to give these guys competition. winn resorts has gotten into this and live in three states and has market access in eight or nine. we'll see what happens as they try to elbow out you would think the fanduel, draftkings, penn has just spent a fortune and a lot of time trying to make this barstool app easy and intuitive and available in pennsylvania and michigan so, to find complaints about it this early on, you know, i'm shr they thought the kinks were already worked out. >> contessa brewer on the betting mishaps ahead of the big game thank you very much. >>> tom brady is going to run out of fingers to wear all of his championship rings brady leading the buccaneers to the super bowl victory beating the kansas city chiefs 38-9 winning his seventh title and fifth mvp award and he's not even done yet. brady saying he's coming back to do it all over again i'm sure tampa bay fans are happy about that for more on what we saw last night

this was due to losing a bet what was the bet, and how did you lose it?boys fan, but you have a kansas city chiefs tattoo. this was due to losing a bet what was the bet, and how did you lose it? >> bets and alcohol get involved, and it never turns out good i've been to vegas too many times to learn that. but somehow, i still do it >> seth: right >> but me, travis kelce, and patrick mahomes were playing beer pong, and they were just crushing us. like, "it's not fair you guys are the best athletes in the world and you guys, like, balls all the time flying everywhere." you know what i mean time, i will get a k.c. logo with b and here it is right here. unfortunately, this is on my skin forever >> seth: got you so, just to track this back, post you made the bet after they beat you multiple times in a row. [ laughter ] >> it was like four times in a row. and i'm like, all right, all right, let's go. we're coming back, best of ten >> seth: did you think the bet would, like, make them nervous >> i was hoping it would intimidate them a little bit but travis kelce'

is the revolt of the public how they're looking at the whole situation we've seen with wall street bets taking on reviving on practically dead company called game stop and using that zombie to against the zombie if a kid at the zombified hires the people who is on the 5 con me the hedge funds the private equity and stuff like that so let's look at this have buy the game stop reckoning was a long time coming this week gleeful online hordes turned the stock market upside down this shouldn't come as a surprise while watching the game stop drama i've been reflecting on what the author martin gurrey calls the revolt of the public mr gurrey writes that the internet has empowered ordinary citizens by giving them new information and tools which they then use to discover the flaws in the systems and institutions that govern their lives once they discovered these shortcomings he writes these citizens often rebel tearing down elites and dominant institutions out of anger and haven't been light to and withheld from we've been ahead of this curve we invented karma bank which was a way to you short s

a record number of americans are expected to place online bets for the big game.'ll be speaking with the cofounder and ceo of draftkings coming up, jason robbins. but first, 49,000 jobs were added to the economy in the month of january in line with expectations as the unemployment rate fell all the way down to 6.3%. stocks having their best week in months on the heels of this report in hopes that congress will push through even more money, more stimulus, that nearly $2 trillion stimulus package looking like it is going to go through. joining me right now to talk about the impact is guggenheim investments chief investment officer scott minor, guggenheim with $300 billion in assets under management. scott, it's great of to have you this weekend, thanks so much for being here. where do you see the u.s. in terms of our economic recovery? let's start there after these jobs numbers on friday. >> well, you know, maria, i think while we still have a lot of ground to cover to get back to where we were before the pandemic, i think things are in pretty sold shape. -- solid s

people are flying to make bets the namerican gaming associatio said they expect $4.3 million to be betwl alone. 4.3 billion around the super bowl alone that's not a number to frown at. that's great for the industry, the sports betting industry. listen, it's here, and talking to fanduel yesterday, he made a great point, as much as this is going to continue to evolve, and more states adopt sports gambling, all you're going to do is take money away from the illegal markets and more money available to be taxed. if they can get to the $4.3 billion number, that's a great sign for the industry, and it's only going to eclipse that next year as more people get used to sports gambling. that's where they got to start to speed up, you know, their brand awareness to get more people used to it. once you got people hooked, i don't think they're turning back. >> that's a great point. it's also a double edged sword we have seen during the pandemic lock downs there's been a huge interest, day trading activity has picked up by many metrics we look at. a lot of people are looking for other ways to enterta

coming up, wall street bets on amazon small business. i will be speaking with president of branded about why his sites are set on -- sights are set on mom-and-pop shops. this is bloomberg. ♪ emily: wall street is cozying up to amazon sellers. investors increasingly eyeing popular mom-and-pop brands on the marketplace in hopes of scaling the company or acting as a lifeline for sellers who just don't have the resources to grow businesses outside of their garage. the so-called amazon aggregators have surged in the last quarter as more and more venture capitalists are betting big on the average joe or jane's homemade business. i am joined by the cofounder and president of branded. thank you so much for joining us. you've got money pouring in to these mom-and-pop shops, not just from folks like you. what is so appealing about this idea? >> i think what is appealing is a vast marketplace amazon has invested in and made vibrant and a massive community building businesses and growing. the market place in the u.s. alone is $200 billion and growin

coming up, wall street bets on amazon small business. i will be speaking with president of branded about why his sights are set on mom-and-pop shops. this is bloomberg. ♪ wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. emily: wall street is cozying up to amazon sellers. investors increasingly eyeing popular mom-and-pop brands on the marketplace in hopes of scaling the company or acting as a lifeline for sellers who just don't have the resources to grow businesses outside of their garage. the so-called amazon aggregators have surged in the last quarter as more and more venture capitalist

you have them betting against you.ok, it is part of an open marketplace where people can make comments for and against, but those make -- to make comments against have much more risk and suffer much more risk than someone betting for a company. betting on a company going up, that makes sense. betting against it, there was a lot of risk and those people got crushed in this risk and that is a good lesson. that makes sense. if you bet against a company and that company hits it big, for whatever reason, you better have the money to stand there. what we have all been taught is there is a big lesson to be learned when you short against a stock. matt: you mentioned bitcoin. i wonder what you think about the digital asset. there have been some big wall street names, paul tudor jones, jeff gundlach, and some big companies as well, starting with paypal, mastercard is another 1 -- what do you think of it at cantor fitzgerald? howard: bitcoin is an extraordinary retail product that people are buying it and investing in it and they

it's going to break out through the bottom that's not my bet. break out to the upside. >> a single share of stock would cost you more than $3200 right now. one lot would be 123,000 one thing we could do is look to buy a call option on a like amount of shares instead and then look to sell some of the elevated options premium in the more dated options i was looking at the june 3300 calls, you could pay about $274 a share on those remember, every call option represents a hundred shares, so you multiply that by a hundred and then sell the february 2550 calls against it for 37 and a half dollars >> all right so you know what happened. amazon posted strong results but then announced that jeff bezos will step away from his role as ceo. carter, what's your take at this point? >> right so the breakout for earnings, for a resolution of the standoff five month sideways has been deferred, not canceled the operating business, the premise for the breakout in hand and delivered and yet, of course, when the founder of enterprise such as this steps down, people

a record number of americans are expected to place online bets for the big game.f draftkings coming up, jason robbins. but first, 49,000 jobs were added to the economy in the month of january in line with expectations as the unemployment rate fell all the way down to 6.3%. stocks having their best week in months on the heels of this report in hopes that congress will push through even more money, more stimulus, that nearly $2 trillion stimulus package looking like it is going to go through. joining me right now to talk about the impact is guggenheim investments chief investment officer scott minor, guggenheim with $300 billion in assets under management. scott, it's great of to have you this weekend, thanks so much for being here. where do you see the u.s. in terms of our economic recovery? let's start there after these jobs numbers on friday. >> well, you know, maria, i think while we still have a lot of ground to cover to get back to where we were before the pandemic, i think things are in pretty sold shape. -- solid shape. and against the backdrop of all the st

big bets bma on the economy. -- big bets being made on the economy. a rally in risk assets.oe, what is your dollar position? joe: well, i am long dollar, obviously. are there any veterans looking to engineer a short squeeze, check out positioning in the dollar. very overwhelming, the short position. we have had a bit of a dollar rally. a very short dollar. so the opportunity there, get on it. standard chartered, the dollar has had a decent start to 2021. you do not think this is going to last? >> we do not. there have been a couple of things. the vaccines. the prospects of more fiscal. i think in the short term, the market has been resisting the temptation for high nominal yields. but when you see that underlying this, it is almost all inflation expectation, and the prospect that the external financing needs are going to get much wider. this is a weak dollar prospect. and to be clear, what we have seen is the asian currency index is flat against the dollar. it is mainly european currencies that have been soft here. but i think what it is telling us is the structure of the ev

>> betting on mgm, long a call spread. >> mike?dy, take it home. >> have a great weekend. "mad money" starts right now - [g program is a paid advertisement for nuwave oxypure smart air purifier sponsored by nuwave llc, featuring deborah norville on award winning journalist and new york times bestselling author. - we are all living in strange and unsettling times. never in history has everyone on the planet been challenged by the same thing. covid-19 has changed the way we work, the way we interact and we're all still trying to figure out what it means for our future. amidst the uncertainty, all of us are trying to take care of our families as best as possible. i've lost track of how many masks i've made and we've all been wiping down door knobs and surfaces.

appreciate that. >> you bet >>> let's look at the dow.00 points now, up 1.23%. the s&p is following suit up a percent as well. and, boy, that russell 2000 as tyler said earlier, the russell on a hustle. ghba baknde quickre a b rit ck a on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. these days, we want sophisticated but simple. cutting edge made user friendly. in other words, we want a hybrid. and so do retailers. which is why they're going hybrid, with ibm. a hybrid cloud approach with watson ai helps manage supply chains while predicting demands with ease. from retail to healthcare, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. i knew about the tremors. but when i started seeing things, i didn't know what was happening. so i kept it in. he started believing things that weren't true. i knew something was wrong, but i didn't say a word. during the course of their d

i cannot bet auainst you put your money? i cannot bet against tom — you put your money?brady, so _ you put your money? i cannot bet against tom brady, so i'm - you put your money? i cannot bet against tom brady, so i'm going l you put your money? i cannot bet. against tom brady, so i'm going with the buccaneers. you have played an template, you know the people, you know the city. for stim to plan a city. i think this is a super loyal fan base have been through with the buccaneers in the past couple of years in the they're not really having that success. so to be the first team to every team in there and host a homes ball game as amazing as i know they're going crazy, whether it is at home or social distancing or tailgating or however. that city deserves it and i'm glad that they got it. that's all the sport for now. this year's super bowl promises to be a classic with the tampa bay buccaneers taking on the kansas city chiefs in just a couple of hours. fewer than 25 thousand people will be attending the game and there will be less razzamataz on display. traditionally adve

crowd to make more bets against the hedge funds to increase their profits you know we talk about the funny name some of these wall street best people have online don't forget that during 2000 or a crisis we discovered a lot of hedge funds had funny names like naming themselves after star wars characters to block out the 2 block a hedge fund exciter and things like that so once you become in a position where you are mastering the game you get cocky you get full of yourself and you make funny names for yourself or your hedge funds and that we're already at that stage with wall street bets it's the biggest such fun in the world and those guys are citadel ken griffey a company they're vulnerable stevie cohen over there it is such funny now owns the mets the super vulnerable going to go to a mets game this year that's for sure they're losers well i do want to point out that we don't know who any of these people are on wall street bats and at least 10000000 people there could be one there could be 10 there could be a 1000 hedge fund traders you know there's like $20000.00 hedge funds who k

legal betting is making a big expansion. seven states have legalized sports betting.s a consequence, we are expecting that legal bets on this game increase by two thirds. that has also helped a lot of those online betting platforms, which have been on an absolute tear this year. people stuck at home, looking for new forms of entertainment. we can draw parallels with that and the need for gambling we have seen in this robinhood frenzy we had seen or been talking about over the last week. as you can see, draftkings is up over 300% in a year. pain gaming as well, up over 200%. on the flipside, less people going to casinos, so we are seeing those stocks cratering. mgm resorts not bringing in quite as much. vonnie: ritika gupta there, much appreciated. coming up, a big boost for pandemic relief, potentially in this morning's jobs data. you will be speaking with diane swonk on how the week data makes a stronger case for biden's leaf plan. we will be joined by our ian and colleagues. this is bloomberg -- our bnn colleagues. this is bloomberg. ♪ mark: i'm mark crumpton with b

it is no longer who is going to win the super bowl, and now you can bet on whether the quarterback iske a completion on the next pass, and everything is sliced and diced into infinite varieties, and so we all go down the rabbit hole of infinite speculation on silly items frankly, and to sound a little retro on all of this, but it is a slippery slope. you were right, jon, everything, everything is going to be bet upon including whether or not texas makes it through the weekend or any other endeavor that you want to put it on. >> we don't want to leave that to chance. and ev battery maker quantum scape is having a very good day. they had reported a loss of $700 million in the fourth quarter, but the investors, they don't seem to mind. and the stock is soaring and they plan to build a facility in san jose, california, where i used to live, and intend to produce battery cells by 2023. and so the ceo saying to address the risk in maintaining an ambitious schedule. >> i don't want to diminish the task ahead, but at the end of the day, we feel that we have a schedule that is in fact achievab

with the increase in attention, wall street bets faced a surge in traffic in new users.t reddit, our first duty in the situations is to the communities and the role in the moment is to keep wall street bets online working around the clock, we scaled our infrastructure and made technology changes to help the community withstand the onslaught of traffic and we acted as democrats, and we have since analyzed activity in wall street bets to determine whether bots, foreign agents or other bad actors played a significant role they have not. in every metric we checked it was within the normal parameters and the moderation tools were working as expected. we will, of course, cooperate with federal and state regulators and that said we do believe that this community was well within the balance of our own policies to conclude, i would like to reiterate why it is important to protect online communities like wall street bets wall street bets may look sophomoric or chaotic from the outside, but the fact that we're here today means they've managed to raise important issues about fairnes

as seven more states than last year have launched real betting the real surge is online betting.many states people can pick um their phone, open an app and make a bet we can't talk about the big game without talking about the ad the chiefs have the slight edge. patrick mahomes favored as mvp if you're interested in betting on the color of the gator aid dumped on the winners, odd are it's orange. shep >> thanks. after you harass a school shooting survivor and spread information far and wide, could you call your colleaguing out for their votes against you? the freshman congresswoman from georgia did exactly that today >> you have republicans in the ranks voting against one of their own, that really is a big betrayal >> reporter: congresswoman marjorie taylor greene and what she had to say to other gop colleagues who voted against her. building a better passport the challenge to global governments managing the new and accurate information that travelers must have as the world looks to reopen. >> keeping fit in covid. the staying power of connected home fitness will we run back to th

we won't show it now on radio and tv, but the people betting against this market, the people betting against the american stock market, capitalism and prosperity, the word from president obama years ago, they have been shellacked. jonathan: oh definitely. last year, technically, you were short ingenuity. you are short the health care community. they managed to pull something massive off. and that vaccine news has been a story. tom: jon knows where i live, a six floor walk-up, and they walked into the lobby today, and yesterday there were 300 boxes from amazon. jonathan: from amazon. tom: 300, not exaggerating. they are getting littler. they are ordering bowties. jonathan: is that what they're doing? tom: i got a tiffany collar and they came in a little box. i love enter. i was like chuck schumer done at the senate. i left bankers at brooklyn to get to the show on time. heartbreaking. jonathan: they are out of the title race. that is the extent of the football coverage this morning. tom: and the brady coverage. jonathan: lisa can't help herself. we are joined now by priya misra. the m

but 78% of the people betting on the game in the boston area are supporting and betting on tampa bay.ns all those doubters who said they were cheating. tom at 43 years old bounces over to another team and has them in the same spot. jesse: i have a high source, as high as you can get, they told me gisele was the one who wanted tom to leave new england. she didn't think he was getting enough credit. if it doesn't work out sunday, you can blame the quief. do you still have money left after they rigged the market? probably a little. who are you putting the money on? >> no, i am still betting a little money. jesse: they have got a lot of speed in kansas city. they will probably run it a lot and contain hill on the outside. >> i think the chiefs are going to win. mahomes is so good, nobody can slow down that offense. tom brady is the greatest quarterback of all times. so you bet against him at your own peril. if he won this game, it would maybe be his greatest victory of all time. at his age. a new team playing. knowing all those things, it's tough to bet against limb. but i don't -- agains

obviously, wall street bets is not a, not for the faint of heart.oing on there, and the stock is coming off its highs, i notice. but it's still up today. but we should point out that look at the language there, liz. if we get gm if e to 1,000. gme to 1,000. it's not saying this is a company with great business prospects, it's not saying that, you know, the turn-around that has been somewhat spoken about, trying to move it from a retailer in walls to more of an online retailer, that that's going to work. it's not saying any of that. it's talking about if we get. and i think that gets to the heart of the problem here, that this -- the markets, as i've been saying in the past, there are many more touts than there are short sellers. short selling is, is a minority in the markets marley in this market that's -- particularly in this market that's fuel by low interest rates, massive speculation. robinhood free trading apps and the reddit message board that has supplanted wall street research and research in general. i mean, put all that together and you've

the wall street bets community is targeting gamestop at amc. that caused a huge pushback from investors saying you are allowing the hedge fund short-sellers to go in there and pressure it and we are trying to do something to counter them. we have skin in the game and risking money. that is not fair. i think a lot of people are chiming and saying, are these guys supporting market manipulation? people are deciding fundamentals be damned. i like the concept of gamestop at amc and blackberry, nokia, blockbuster video. i would to go out there and defend their honor. is that market minute relation? that's an open debate. these small investors, this pack of -- there are many metaphors. this swarm of fish, whatever he want to call it, they are fronting their own money. they are on the line. this is a really fiery debate that will spill over into next week and the rest of the year. host: let me provide viewers and followers they can join in on this conversation. if you want to talk about what's going on in the stock market and the economy, we will open

i don't know what the bet was. then there's mgm, not just problems with bet mgm's app, in nevada the physical sports books could not accept bets through the game, and then, even worse, couldn't settle bets immediately afterward. police were called in to keep things alm competitors whose operations went smoothly are surprised. they told me everyone knew this was going to break records for online betting shep >> contessa, thank you >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news the list keeps growing at least four republican senators have now announced they are not seeking re-election in the midterms next year senator richard shelby of alabama is the latest senate republican to announce he's retiring when his term is up he joins senators pat toomey of pennsylvania, rob portman of ohio, and richard burr of north carolina the gop primaries for those seats could give us a glimpse of the republican party's future. will the nominees be so-called establishment candidates or die har

how was betting on the super bowl, what is the state of sports betting and will it expand to the bigour states this year? >> absolutely. i think this should come as a surprise to no one but the super bowl is the event of the year for the betting industry we expect the numbers to come at more than 500 million in terms of regulated wagers this year. up substantially from 300 million this year and most coming from mobile and online betting and new states online. we've had launches in michigan and tennessee and virginia in terms of the state of the industry, since the repeal of 2018, we've been at hypergrowth mode more including new york and texas throughout the remainder of the year. >> okay. and jeff, we have seen bitcoin etfs rejected time and again by the s.e.c. is 2021 finally the year we might see a bitcoin etf and what has changed? what would have changed that made them agree to it this time? >> bob, i think 2021 is the year we see a bitcoin etf we just filed for bitcoin etf and the response is they have to wait for the trading of the markets division to get comfortable with the c

who we think will win. >> yeah. >> we have to bet on something else. who has the best ad d? >> i think i owe ♪♪ >> hope: liam, i think we just need to relax and get our mind on something else, okay? steffy will call. [ cellphone ringing ] is that her? >> liam: it's steffy. hey. >> steffy: hey, it's-- it's all done. >> liam: uh, how'd it go? >> steffy: fine. to put a rush on it,g but we're not gonna know today. trust me, i've already asked. soon though. >> liam: okay. >> steffy: if you believe in mother's intuition, then you and hope have nothing to worry about. i'm certain that this baby is finn's. >> liam: yeah. okay. well, let's hope you're right.

dollar and he's also betting on the fastest horse in the very very short dollar bet you know that everybody else is going to fall like we're just telling you you're going to look back on this in a year from now next year i guarantee you you're going to watch this episode 1658 you know. they told me i should have should have listened to them yeah exactly there are more data. than sake of break don't go away recovering back. no insulin would see that and there could be. good. and bad in a can matter a canard was. first and a bad national. shall not be an age. just us but you'll someone else on the on the has human. and national. association. must know how to set the community. good all small and lovable so what is. needed cannot give us the impetus that all of you in the nose you know get a feel good. persona and know it when i might. be my name a few of the. welcome back to the kaiser report imax keyser time now to churn a frequent kaiser report guest rick ackerman of the legendary rick's pics he was a market maker on the pacific stock exchange for 12 years i think that's actually the pacifi

on the fastest horse in the very very short dollar bet the you know that everybody else is going to fall like we're just telling you you're going to look back on this in a year from now next year i guarantee you you're going to watch this episode 1658 you know. they told me i should have should have listened to them yeah exactly. there are data. break don't go away recovering back. join me every thursday on the alex i'm unsure and i'll be speaking to us of the world of politics school business i'm show business. no it's true it would seem that. good. and bad and it can matter. and a bad national. and i mean i. just. feel some miles on them that has you. and i and mother. and national shaken i know how much much i shan't. let us know how to set the community into bed all small and. not give. this knowledge in the most you know me you know the feel good. personality and know it and when i might. see my name you had that. he must not conflate all elites with corruption there are many bureaucrats and many public servants that are salient that are patriotic that know what civic duties an