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

Bitcoin Rockets to New High Above $116K After Days of Tight Trading

Bitcoin roared past its previous record today, hitting $116,526 according to CoinMarketCap during a sharp hourly breakout that caught traders by surprise The quick move came after several days of tight price action between $110,000 and $113,000, with BTC coiling in a narrow range But then came a steep green candle that sent the price soaring,..
10 months ago

DraftKings to Refund Connecticut Players After Bonus Dispute

DraftKings has agreed to return about $3 million to roughly 7,000 players in Connecticut after a state-led investigation found issues with how certain bonus offers were advertised The promotions in question ran between October 19, 2021 and January 4, 2023, and included offers that promised deposit matches or bonuses Good to know Around..
10 months ago

Sports Betting Ads Now Off Limits on NJ Campuses

New Jersey has made a move to separate college sports from the influence of betting operators Governor Phil Murphy just signed Assembly Bill 4113 into law, stopping public universities in the state from entering into advertising partnerships with sportsbooks Good to know The law blocks sports betting ads in stadiums and campus..
10 months ago

North Carolina Sportsbooks See 44 Percent Revenue Jump in June

North Carolina’s sportsbooks ended their fiscal year on a high note, pulling in more than $50 million in profits for the second straight month It is the third time since mobile betting launched in March 2024 that the state’s operators crossed that mark in back-to-back months Good to know June brought in $652 million in gross..
10 months ago

Tipico Penalized in New Jersey After Leaving U.S. Market

Tipico may have left the US sports betting scene, but its past mistakes in New Jersey have not gone unnoticed Regulators in the state have now handed down a $25,000 fine for two separate violations that occurred before the company exited the American market Good to know Tipico sent nearly 1,000 marketing emails to self-excluded users..
10 months ago

Metaplanet Sees Escape Velocity Through Bitcoin Gold Rush Lens

Metaplanet is not just stacking sats—it is playing for the long game CEO Simon Gerovich says the company wants to build such a massive Bitcoin reserve that future competitors simply will not be able to keep up The goal Reach “escape velocity” before others even realize what is happening Good to know Metaplanet holds over 15,500..
10 months ago

Spin and JackpotCity to Shut Down in New Jersey and Pennsylvania

Super Group is dialing up its expectations for 2025 after a record-setting second quarter, while also deciding to move away from the US iGaming market The company now expects stronger full-year numbers and is shifting focus toward markets that it believes offer better long-term value Good to know Super Group now expects over $2 billion..
10 months ago

Industry Urges Congress to Vote on Crypto Rules

There is pressure building in Washington as crypto backers urge lawmakers to move quickly With the US House of Representatives set to meet again next week, the crypto industry is pushing for something it has been wanting for a long time — clear, fair rules on how digital assets are regulated Good to know The CLARITY Act splits crypto..
10 months ago

Ripple and SEC Have Not Withdrawn Appeals

There is a lot of talk online suggesting that the Ripple vs SEC lawsuit could suddenly end today However, according to legal experts, that is simply not realistic Good to know Neither Ripple nor the SEC has filed to withdraw their appeals The SEC’s internal process can take several weeks or months If both appeals were dropped,..
10 months ago

Nevada Says Federal Law Does Not Cancel State Gambling Rules

Nevada and Kalshi are facing off in court over whether federally regulated prediction markets can bypass state gambling laws Kalshi, which operates under federal oversight, is fighting back against Nevada’s cease-and-desist order But the state is holding firm, filing 18 legal defenses to support its position Good to know Nevada..
10 months ago

FanDuel Adds Two Policy Veterans to Guide Gaming Strategy

FanDuel has added two experienced names to its public policy team, aiming to strengthen its presence in federal and public affairs during a time of shifting regulation in online gaming The company announced the hires of Jonathan Nabavi and Shailagh Murray on Monday Good to know Nabavi joins from the NFL, where he led public policy and..
10 months ago

PointsBet Confirms No More Licensing Hurdles for Mixi Offer

Mixi’s effort to take over PointsBet just got a major boost Regulators in Ontario have signed off on the deal, clearing a major hurdle in Mixi’s planned acquisition of shares in PointsBet Holdings Limited The Alcohol and Gaming Commission of Ontario (AGCO) wrapped up its review and found no issues with the proposed deal, as reported in a..
10 months ago

GOP Moves Forward on Trump Backed Crypto Agenda

House Republican leaders are preparing to focus on crypto regulation during a dedicated Crypto Week from July 14 to 18, where three key bills will be reviewed Speaker Mike Johnson, along with House Finance Chair French Hill and Agriculture Chair Glenn Thompson, confirmed the initiative on Thursday Good to know The House will review the..
10 months ago

DFS Giants Face Class Action Lawsuits in California

Four major daily fantasy sports (DFS) platforms—FanDuel, DraftKings, PrizePicks, and Underdog Fantasy—are now facing class action lawsuits in California The suits were filed on July 3, just before the state’s Attorney General released an official legal opinion stating that DFS contests are illegal under California law Good to know..
10 months ago

MLB Removes Ortiz from Active Duty Through July 17

leveland Guardians pitcher Luis Ortiz has been placed on paid leave as of July 3, with Major League Baseball confirming the move but choosing not to share any details while an ongoing investigation continues Good to know Ortiz is on non-disciplinary paid leave and will be out through July 17 MLB has not confirmed if the case..
10 months ago

Malik Beasley Reportedly Owes Millions While Betting Investigation Unfolds

Malik Beasley’s NBA future is in limbo after reports surfaced linking him to a federal investigation into suspicious sports betting activity At the same time, court records show the free agent guard is dealing with over $8 million in personal debt Good to know Beasley is under federal investigation for betting-related activity tied..
11 months ago

PrizePicks and Former Employee Settle Confidentiality Dispute

PrizePicks has officially dropped its lawsuit against former Head of Social Media Judah Huffman, closing the book on a dispute that stretched on after he left the company for a similar role at DraftKings Good to know Huffman agreed to delete all PrizePicks material from his ChatGPT account The settlement includes restrictions on..
11 months ago

Underdog Fails to Block DFS Opinion in California

The legal battle over daily fantasy sports (DFS) in California just hit another milestone A Sacramento County Superior Court judge has decided not to block the state’s Attorney General from sharing his legal take on DFS in California Good to know Underdog Fantasy tried to stop the opinion from being released but the court said no..
11 months ago

U.S. Supreme Court Ruling Supports IRS Use of Crypto Data from Exchanges

The US Supreme Court has decided not to take up a closely watched crypto privacy case, effectively leaving in place earlier rulings that support the IRS’ authority to access bitcoin user data without the user's knowledge or consent Bloomberg was among the outlets to report on the Court’s decision, which ends a legal battle over how far..
11 months ago

Prediction Market Limitless Raises Total Funding to $7M

Prediction markets are getting a fresh wave of attention, and Limitless is right in the middle of it The platform, which already leads the Base network in prediction market volume, just secured another $4 million in funding and added Arthur Hayes as an advisor His family office, Maelstrom, also joined the round Good to know Limitless..
11 months ago
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