Indiana's Attorney General is applauding a Supreme Court ruling that clears the way for states to legalize betting on sports.
The court's decision yesterday ends a longtime ban and creates a potential financial boon for states and the gambling industry. The first bets could be placed within weeks.
States that want to take advantage of the ruling, now will generally have to pass legislation to allow sports books to open.
Indiana Attorney General Curtis Hill calls it a matter of states' rights. Hill had added Indiana to an amicus brief in support of New Jersey, the state originally involved in the case.
Sports leagues had expressed concerns about any expansion of sports gambling. But the ruling also could be seen as bringing a popular activity out of the shadows. Americans wager about $150 billion on sports each year illegally, according to the American Gaming Association.
Sophia Saliby contributed to this report.