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With billions of dollars at stake, the head of the gambling industry’s main lobbying group sounded a pessimistic note Tuesday about the prospect of Congress passing Internet regulatory laws this year.American .

Online sports gambling is illegal in the United States, and such bets wouldn’t likely fly in Las Vegas. Colbert said Cantor plans to allow bettors to wager for the first time ever on total points for the entire league. The over/under line was .

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