CNBC SPECIAL: Generation Gamble Part 2
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 10 November 2021
⏱️ 16 minutes
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Summary
Transcript
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| 0:00.0 | The restrictions on crowd sizes have even reached the strip, which we had to shut down |
| 0:07.0 | the strip in Las Vegas. Right now we're seeing these casinos set down |
| 0:10.0 | coast to coast. When Las Vegas went dark during the pandemic, our screens lit up. |
| 0:17.0 | For lockdown consumers, a new range of apps made betting, gaming and even investing |
| 0:23.0 | easier than ever. My friends personally sports betting or investing, |
| 0:27.0 | anyway, they can make the food fun. These games today sound like they could be even more |
| 0:31.0 | addicted because they're actually being created and adjusted to what the gamer wants. |
| 0:38.0 | Yes, completely, completely. For a generation raised on smartphones and |
| 0:42.0 | influenced by social media, I'll show you exactly how I can make it. |
| 0:46.0 | You come become a millionaire without doing any research. |
| 0:49.0 | Some apps have encouraged more daring attitudes towards money. |
| 0:53.0 | You open it up every single day and you're like, oh my god, I just made 700 more dollars. |
| 0:58.0 | People are saying you could be a millionaire. |
| 1:00.0 | It doesn't feel like real money. It's because it's so easy. |
| 1:02.0 | It's almost the same thing as going shopping online. |
| 1:05.0 | With the explosion in online betting and investing apps, |
| 1:08.0 | is business simply giving us what we want? |
| 1:11.0 | You can bet on the games you want anytime you want. |
| 1:14.0 | Or turning us into a generation of gamblers. |
| 1:17.0 | You invested $10,000 and it turned into $1.3 million |
| 1:22.0 | on a cryptocurrency created based on a meme. |
| 1:25.0 | That was me with spare money. |
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