Opponents of the Boston Olympics effort hailed the failure of the proposed bid about an hour after Boston 2024 and the U.S. Olympic Committee threw in the towel.

No Boston Olympics, a volunteer group that's been opposing the games since they first plans took shape, held a victorious press conference outside the State House.

Group co-chairman Chris Dempsey said he was glad the bid is dead and says Boston's future doesn't need to be dictated by the stringent demands of Olympics organizers.

"We think that Boston has a very bright future," Dempsey said. "We have a lot to be proud of and we're going to have the best possible future and the best possible outcomes by doing it on our own terms, not on the terms of the International Olympics committee."

A more radical anti-Olympics Group, No Boston 2024, issued a statement saying they will continue to pursue secret documents detailing the bid and plan turn their group into a social justice organization.

Reaction to the demise of the Boston Olympics bid also came swiftly at the State House, where Gov. Charlie Baker and top legislative leaders stood by their strategy of hiring an outside group to analyze the bid throughout the summer.

Baker maintained that Beacon hill leaders charted the right course by taking their time to fully evaluate the costs and benefits of hosting the games and said the USOC never complained that the state's process was too slow.

"I think of it as a timing issues and the reason I say that is we made very clear in March what our time frame was associated with this and we made pretty clear that we weren't going to have this report until sometime in beginning of August and nobody said that was a problem until about a week ago," Baker said.

With Boston in the rear view mirror, the USOC is now looking to other American cities — like Los Angeles — that may be in a position to launch a bid of their own.