Mark Cuban believes the decision from the United States Supreme Court to allow states to decide whether to legalize sports betting will increase the revenues for sports leagues.
"I think everyone who owns a top four professional sports team just basically saw the value of their team double," Cuban said in a "Squawk Alley" interview. "It can finally become fun to go to a baseball game again.
"It's easy to see how you'll have fun at the stadium, at the arena or while you're watching —whether its online or traditional platform."
Tillman Fertitta is less bullish than Cuban.
"Do I hope Mark is right? Yes, but I don't think that's where it really is," he said Monday on "Power Lunch."
"Remember, there's already a black market … out there and you're not going to be able to go to a game and bet on a game," said Fertitta. "Even though this has been pushed back to the states, there is still going to be a lot of federal regulation."