Daniel Li

Daniel Li

iGaming.org Writer Crypto/Sports
A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

EXPERTISE

  • Crypto
  • Trading
  • Sports Betting

Daniel's latest articles

Study Links Polymarket Accuracy To Skilled Minority

A new SSRN working paper says Polymarket accuracy came less from crowd wisdom and more from a small trader group with a clear edge Researchers also flagged 1,950 accounts with trading patterns that may point to non-public information Good to Know The study reviewed 172 million Polymarket accounts Only 314% qualified as skilled..
2 weeks ago

Brazil Bans Prediction Markets As Anatel Blocks 28 Platforms

Brazil has confirmed that prediction markets are illegal, shutting the door on operators such as Polymarket in the largest market in Latin America The announcement came after the National Monetary Council approved a resolution limiting which products can qualify as derivatives Good to Know Brazil said prediction markets cannot operate..
3 weeks ago

Minnesota Prediction Market Ban Heads To Senate Floor

Minnesota lawmakers have advanced a prediction market ban bill that could create the first state-level legislative ban of its kind in the US The Senate Finance Committee approved the measure Friday without opposition, sending it to the full Senate Good to Know The bill targets prediction markets tied to sports, politics, court..
3 weeks ago

Oklahoma Senate Stops Online Sports Betting Bill

Oklahoma lawmakers shut down another sports betting attempt on Wednesday A Senate vote blocked a bill that aimed to legalize online sports betting and retail sportsbooks, leaving little time for a rescue before the legislative session ends in late May Good to Know Oklahoma Senate rejected the bill by a 21 to 27 vote The plan gave..
3 weeks ago

Polymarket Seeks $400M Funding At $15B Valuation

Polymarket is back in the funding market with a much bigger target on price The prediction platform is in talks to raise $400 million at a valuation of up to $15 billion, only about six months after a $9 billion valuation was reported Good to Know Polymarket is seeking $400 million in fresh funding at a valuation of up to $15 billion..
3 weeks ago

FanDuel Adds BetProtect+For NBA Playoffs

FanDuel has added a paid injury-protection option for NBA playoff player props The product, called BetProtect+, lets users protect eligible pregame bets across the full game for an added 3% fee Good to Know BetProtect+ costs a flat 3% of stake on eligible wagers Straight bets get a stake refund if the player exits with an injury,..
3 weeks ago

DraftKings Opening Registrations for July 13 Alberta Launch

DraftKings is lining up for Alberta before betting even opens The operator has started pre-registration and is aiming for a July 13 start, pending approval from the Alberta Gaming, Liquor, and Cannabis Commission Good to Know DraftKings plans to launch in Alberta on July 13 Pre-registration is already open Players can sign up..
4 weeks ago

February US Gaming Revenue Grew 4.6% YoY While Sports Betting Fell 6.4%

The US gaming market kept growing in February, but the latest numbers also showed a sharper split inside the business Online casino revenue kept climbing fast, retail casinos posted a steadier month, and sports betting lost ground Good to Know Commercial gaming revenue in the US rose 46% year over year in February iGaming revenue..
4 weeks ago

James Noyes Urges Pause to UK Financial Risk Checks

Pressure is building around UK gambling financial risk checks Dr James Noyes, an early backer of affordability checks, now wants the policy paused until the pilot gets proper review Good to Know Dr James Noyes urged the government to pause UK financial risk checks He cited weak transparency, unclear pilot results, and possible harm..
4 weeks ago

Kentucky Lawmakers Override Veto and Raise Betting Age to 21

Kentucky has changed its sports betting rules after lawmakers overturned a veto from Gov Andy Beshear The new law raises the betting age and adds limits on prediction market activity Good to Know Kentucky will raise the sports betting age from 18 to 21 in 90 days HB 904 also blocks sportsbook ties to prediction markets such as..
4 weeks ago

Illinois Sportsbooks Post Lower February Revenue

Illinois sports betting stayed above the $1 billion line in February, but operator revenue still fell from a year earlier The latest Illinois Gaming Board figures showed another strong month for betting volume, though a softer hold and fewer wagers pulled profits lower Good to Know Illinois sportsbooks posted $1092 million in adjusted..
4 weeks ago

Hong Kong Freezes Basketball Betting Launch

Hong Kong has pulled back from a legal basketball betting launch that had been lined up for September Officials said fast growth in crypto based prediction markets now needs a closer review before any licence process goes ahead Good to Know Hong Kong has suspended the planned September launch of legal basketball betting Officials..
4 weeks ago

Ohio Issues $5 Million Fine Notice to Kalshi

Ohio has issued a $5 million fine notice to Kalshi, deepening the state fight over sports event contracts and who gets to regulate them Good to Know Ohio issued the fine notice to KalshiEX LLC on Tuesday afternoon Regulators say Kalshi offered illegal gambling services through sports event contracts Ohio argues Kalshi operated..
4 weeks ago

bet365 Ends Credit Card Deposits for Sports Betting in U.S. Markets

bet365 has stopped accepting credit cards for deposits, adding its name to a longer list of sportsbooks pulling back on that payment option as consumer protection rules get tighter in US betting Good to Know bet365 ended credit card deposits on April 13, 2026 Debit cards and Apple Pay still work if they are not funded by a credit..
4 weeks ago

BC.GAME Enters Nigeria With LSLGA Licence and bcbet.ng

BCGAME has opened in Nigeria after securing a licence from the Lagos State Lotteries and Gaming Authority The operator is now live on bcbetng with sportsbook and casino products tailored for the local market Good to Know BCGAME said Nigeria is its 2nd regulated market launchThe platform now supports the Nigerian Naira The rollout..
4 weeks ago

New York Sportsbooks Post 34.3% Revenue Jump in March as Handle Drops 4.5%

March brought a mixed set of numbers for New York sports betting Betting volume fell from a year earlier, but operator revenue climbed sharply as hold improved during one of the busiest parts of the college basketball calendar Good to Know New York online sportsbooks took in $232 billion in March, down 45% from March 2025 Gross..
4 weeks ago

Kalshi Gets Temporary Court Relief in Arizona Criminal Case

A federal judge has temporarily stopped Arizona from pursuing its criminal case against Kalshi, handing the prediction market company a short-term court win after the CFTC stepped in Good to Know The CFTC said it won a temporary restraining order against Arizona Arizona had charged Kalshi with running an illegal gambling business..
1 month ago

Italy Football Links 3 World Cup Failures To 2019 Gambling Ad Ban

Italy football is arguing that the gambling ad ban did not protect the game It cut off money instead In an April 8 report, Gabriele Gravina tied the 2019 restriction to a wider decline in club finances, youth development, and competitive strength Good to Know Serie A clubs say the ban has cost them about €100 million to €150..
1 month ago

Betfair Tests Betfair Predicts With U.K. Users

Betfair, part of Flutter Entertainment, has not built a separate market from scratch here Instead, it has taken the existing Exchange engine and wrapped it in a new front end called Betfair Predicts, now in beta with a limited group of UK users Good to Know Betfair Predicts is being trialed with a limited set of UK customers The..
1 month ago

Terry Rozier Seeks Dismissal Before Trial Starts

Terry Rozier is trying to stop his federal betting case before a jury ever sees it A judge in Brooklyn has now put the next stretch of the case on the calendar, giving the Miami Heat guard a near-term shot at dismissal while the Heat deal with a separate roster problem Good to Know Oral arguments on the motion to dismiss are set for..
1 month ago
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