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


Kalshi Responds To Criticism Over Gambling Terminology

Kalshi remains in a legal gray zone again—this time over how it markets itself Although the company operates under the oversight of the Commodity Futures Trading Commission (CFTC), it continues to stir debate about whether it really falls outside gambling laws, especially with the language it uses publicly Good to know Kalshi is..
10 months ago

Polymarket Plans US Return After QCEX Deal

Polymarket is getting ready for a big comeback in the United States After operating overseas since 2022, the prediction market platform has made a key move that could soon open the doors for American users again Good to know Polymarket acquired QCEX’s holding company in a $112M deal QCEX holds both DCM and DCO licenses from the..
10 months ago

GAMSTOP Hits New Highs in 2025 Registrations

GAMSTOP has seen a sharp rise in users so far in 2025, with a record number of people signing up to block themselves from online gambling Registrations jumped 19% in the first half of the year, driven mostly by younger users aged 16 to 24 In April, monthly sign-ups hit five figures for the first time, reaching 10,281 That record was broken just..
10 months ago

UK VIP Customer Numbers Drop 95 Percent Since 2020 Rule Change

Stricter rules on VIP betting schemes have reshaped the gambling landscape in Great Britain, with the number of high-value customers (HVCs) plummeting 95% per operator since the changes took effect in 2020 A new report from the UK Gambling Commission (GC) shows that the industry’s VIP segment is a shadow of its former self, following..
10 months ago

Citigroup Eyes Stablecoin and Crypto Custody Services

Citigroup is laying the groundwork for a deeper move into the digital asset space During its Q2 2025 earnings call, CEO Jane Fraser outlined the bank’s plans to expand its crypto-related services—including a possible Citi-branded stablecoin Good to know Citigroup is exploring issuing its own stablecoin The bank plans to offer..
10 months ago

Illinois Hits $1.27 Billion in May Sports Bets Led by FanDuel

Illinois sports betting stayed hot in May, with monthly wagers topping $127 billion, marking the third-highest total this year Only New York posted bigger numbers, and Illinois has now gone nine straight months without dipping below the $1 billion mark Good to know May’s $127 billion handle marked a 249% increase from May 2024..
10 months ago

LPGA Betting Mishap Costs FanDuel Thousands in Fines

FanDuel is facing consequences after regulatory agencies in two states hit the sportsbook with a combined $140,000 in fines for taking bets on markets that had not been approved While the company moved quickly to cooperate and correct the issues, regulators in Iowa and Massachusetts said FanDuel did not meet expected standards Good to..
10 months ago

Ohtani Still Dragged into Betting Rumors Despite DOJ Clearing

Matt Bowyer, the bookmaker tied to the Shohei Ohtani betting case, is now due for sentencing in late August, wrapping up a story that drew national headlines After months of delays, both his legal team and federal prosecutors have agreed to push forward the timeline The case has stirred up more than legal trouble, dragging in public figures and..
10 months ago

Trump Says Crypto Bill Revolt Is Over After Deal with Republicans

Crypto laws in the US hit a bump this week, but Donald Trump says he is smoothing things over After several Republicans unexpectedly pulled support for three major crypto bills, Trump stepped in and says he convinced most of them to get back on board Good to know Trump says 11 out of 12 Republican lawmakers who held up the vote now..
10 months ago

Who Would Have Guessed a Bank Would Launch a Betting App?

Brazil is preparing to bring another big player into its online betting market Caixa Econômica Federal, one of the country’s largest state-owned banks, plans to roll out its own online gambling platform in the second half of 2025 Good to know Caixa expects to generate BR2 billion in 2025 and up to BR7 billion in 2026 The new..
10 months ago

Illinois Bettors Must Now Wager at Least $2.50 on BetMGM

BetMGM is making changes in Illinois starting July 16, and it is not just about taxes The operator has introduced a new $250 minimum wager for all bets placed in the state The move follows a shift in how Illinois taxes online sportsbooks, and others like DraftKings and FanDuel are adjusting their pricing too As Illinois tightens the rules,..
10 months ago

LeoVegas Starts International Rollout of Self-Built Sportsbook

LeoVegas Group has taken its first major step toward building a self-managed sportsbook operation by launching its proprietary platform in Denmark under both the LeoVegas and Expekt brands This move reflects the group’s longer-term strategy to bring more control in-house and reduce reliance on external suppliers Good to know LeoVegas..
10 months ago

Derek Jeter Takes on New Role as BetMGM Brand Ambassador

BetMGM is teaming up with one of baseball’s most recognized names Derek Jeter, the former New York Yankees shortstop and Hall of Famer, has joined the operator as a brand ambassador in a new multiyear deal The partnership will see Jeter take part in national campaigns, special promotions, and BetMGM’s responsible gambling outreach Good..
10 months ago

BetBlocker Reaches 20,000 Users in Brazil Amid Gambling Law Shifts

nterest in self-exclusion tools is growing quickly in Brazil, and BetBlocker is right in the middle of that shift The UK-based charity has seen a huge spike in usage across the country, with more than 20,000 active users since the start of 2025 That growth has outpaced every other region where the app is available Good to know Over..
10 months ago

Indiana Sports Betting Handle Tops $351 Million in June

Indiana’s sports betting market showed strong year-over-year growth in June, with the monthly handle jumping past the $350 million mark The state’s biggest operators once again led the charge, with Ameristar and Blue Chip Casinos accounting for a major chunk of total bets Good to know Indiana sportsbooks posted a $3511M handle in..
10 months ago

Lucas Paquetá Expected to Be Cleared in Betting Case

Lucas Paquetá may soon put his match-fixing case behind him According to former Everton CEO and current advisor to top football clubs, Keith Wyness, the West Ham forward is expected to be acquitted Wyness shared the update during a recent episode of the Inside Track podcast on Football Insider Good to know Keith Wyness believes the..
10 months ago

Caesars Ties Rewards and Betting into One Digital Wallet

Caesars Entertainment has rolled out a digital upgrade that connects its mobile betting experience across state lines The company’s universal wallet is now live in Nevada, giving sports bettors access to one account for funds, wagers, and rewards no matter where they are in the country Good to know The universal wallet connects..
10 months ago

São Paulo Betting Firms Set to Form New Union

Operators in São Paulo are getting ready to set up a formal organization to represent the local betting industry After recent talk of launching Febrabet at the national level, attention has now turned to the state level, where a new union is coming together Good to know Only companies operating in São Paulo can participate..
10 months ago

Public Feedback Opens on Sportradar IMG Arena Deal

Sportradar’s planned acquisition of IMG Arena US Parent, LLC is now under early review by the UK’s Competition and Markets Authority (CMA) The CMA wants to hear from the public and industry insiders before deciding if a deeper look is needed Good to know Public comments will be accepted until July 25 CMA is checking if the deal..
10 months ago

BetMakers Raises $9 Million USD to Fund Two U.S. Acquisitions

BetMakers Technology Group is making a move to strengthen its US operations with two upcoming acquisitions Backed by fresh capital raised from both institutional and retail investors, the ASX-listed company is taking steps to scale up its presence in the American racing and betting market Good to know BetMakers raised A$137 million through..
10 months ago