The U.S. Supreme Court will hear arguments in early December in a case from New Jersey; that state is interested in legalizing sports betting. And, if New Jersey is successful, a gaming research firm estimates most other states could allow sports betting within seven years, creating a multibillion-dollar industry.

With me to talk about this is Chris Grove. He’s a managing director at Eilers & Krejcik Gaming, which did the analysis. By the way, it predicts Arizona could look to legalize sports betting within five years, if the high court rules in New Jersey’s favor.