Card Player – On April Fool’s Day, a California man wearing a Star Wars t-shirt claimed a $425 million Powerball win. He had waited nearly six weeks before claiming it, according to reports. B. Raymond Buxton reportedly hired an attorney and a public relations firm to help him with his new-found wealth, before even grabbing the top prize. Doing so is advised by lottery officials, however. Buxton, a retiree, declined interviews and hid behind the check when lottery photos were taken. He was in line getting some Subway at a gas station when deciding that another $2 investment for a…

The New Yorker – The casino billionaire and Republican kingmaker Sheldon Adelson met several 2016 G.O.P. candidates available for purchase over the weekend, but decided to buy none of them, Adelson confirmed today. After hearing speeches by Kentucky Senator Rand Paul, New Jersey Governor Chris Christie, former Florida Governor Jeb Bush, and several others who were for sale, Mr. Adelson concluded that none of them are worth owning. “I don’t want to spend millions on another loser,” said Adelson, who purchased both Newt Gingrich and Mitt Romney in 2012. The casino magnate was scathing in his assessment of the candidates…

Bloomberg – Revenue from online gambling in New Jersey has failed drastically to reach expectations, even if industry observers won’t call it a bust after just five months. New Jersey’s state treasurer estimated last year that legal online gambling would net Atlantic City casinos as much as $1.2 billion in its first year—bringing in roughly $180 million in tax revenue for the state. After the floodgates opened last November, those numbers have been revised dramatically, to a mere $34 million in tax revenue for the fiscal year ending June 30, climbing to $55 million the following year. “It’s the beginning…

NJ.com – Should Congress pass legislation that would outlaw online gambling across the country — thus quashing New Jersey’s recent move to legalize internet betting? U.S. Sen. Lindsey Graham (R-South Carolina) and U.S. Sen. Dianne Feinstein (D-California) are sponsoring the measure that would reimpose an interpretation of the federal Wire Act, which says betting over the internet violated the law. The U.S. Justice Department reversed course in 2011, leading Nevada, Delaware, and New Jersey to legalize the practice. New Jersey instituted online gambling in November. The senators said the Justice Department’s opinion was “yet another example” of the Obama administration…

Poker Update – Sports fans who fancy themselves as successful in the art of predicting winners of sporting events now have a social sports betting site in which to display their talents with the launch of Tipday. The new betting site is free and aims to revolutionize wagering on sporting events by allowing players to make predictions or tips on a wide range of sporting contests from English Premier League football to NBA basketball. Those tipsters who do indeed show a penchant for selecting winners can earn a number of risk-free prizes that include choice seats to sporting events. Tipday.com…

Venture Beat – Gamblit Gaming is announcing today it has raised $12 million in funding for its real-money gambling platform. But rather than convert a social casino slots game into a gambling game, Gamblit is looking for something altogether new. Glendale-based Gamblit wants to make it easy for game developers to create games that can be easily adapted for real-money gambling in places such as the United Kingdom, where online gambling is legal. The money came from American Capital, a publicly traded private equity firm with $19 billion in assets under management. Gamblit handles tasks such as building regulated technology,…