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

Michigan Reports $50 Million from Online Sports Betting in May

Michigan’s online sports betting and casino market saw strong numbers in May, continuing a growth trend that has positioned the state as one of the leaders in the US digital gambling space New data from regulators show an increase in both handle and revenue, while enforcement against unlicensed platforms also made headlines Good to..
10 months ago

Mizuhara Starts Sentence After $17 Million Fraud

The former interpreter for Shohei Ohtani, Ippei Mizuhara, is now serving time in federal prison after pleading guilty to stealing nearly $17 million from the MLB star The money was used to cover gambling debts tied to an illegal betting operation Good to know Mizuhara began serving a 57-month sentence in a low-security Pennsylvania..
10 months ago

Canada May Limit Sportsbook Ads Under New Senate Bill

Canada may soon take a step closer to federal restrictions on sports betting advertising Sen Marty Deacon’s Bill S-211 is now being reviewed by the Senate’s Standing Committee on Transport and Communications, following its second reading last Thursday Good to know Bill S-211 calls for national rules on sports betting ads It..
10 months ago

Trump Media Cleared to Hold Bitcoin in Company Treasury

Trump Media has received approval from US regulators to take a major step into Bitcoin The company announced that the US Securities and Exchange Commission (SEC) has declared its latest registration effective, opening the door for Bitcoin to become part of its treasury holdings Good to know Trump Media can now hold Bitcoin as part of..
10 months ago

Wyoming Plans to Double Online Sports Betting Tax

Wyoming is now the latest in a growing list of states looking to pull in more revenue from the gambling sector Lawmakers are reviewing a set of tax increases that would affect online sportsbooks, skill games, and historical horse racing operations The proposals were introduced during a recent meeting of the Select Committee on Capital Financing..
10 months ago

Coinbase Reports Record Stablecoin Volumes and Rising Adoption

Stablecoins are gaining traction fast in 2025, and Coinbase believes they are leading a major shift in how money moves across the world In its latest research report, the crypto exchange calls this year a turning point for stablecoins, highlighting their growing use among consumers, businesses, and institutions Good to know Stablecoin..
10 months ago

Major Retailers like Amazon and Walmart Look at Digital Dollars to Cut Costs

Some of the largest names in retail and travel are now weighing the benefits of entering the stablecoin space According to reports, companies like Amazon, Walmart, and Expedia are exploring digital payment alternatives that could eventually bypass traditional financial networks Good to know Amazon and Walmart are evaluating the idea of..
10 months ago

Indiana Reports $433 Million in Sports Bets for May

Indiana's sports betting market stayed strong in May, with the state reporting a total handle of $4332 million The numbers reflect steady growth year-over-year, with over $30 million more in bets compared to May 2024 Good to know Indiana legalized sports betting in September 2019 The state collected $42 million in taxes from..
10 months ago

Donald Trump Reports $57 Million Crypto Income from World Liberty

Donald Trump has reported earning $574 million from his connection to World Liberty Financial, a cryptocurrency project he supports with his sons Donald Jr and Eric The figure was included in the former president’s latest financial disclosure, filed on June 13 with the US Office of Government Ethics Good to know Trump holds 1575..
10 months ago

FanDuel Explores Deal with Kalshi for Prediction Markets

FanDuel and Kalshi may be on the verge of teaming up, according to a report from Front Office Sports The two companies have reportedly discussed a partnership that could expand FanDuel’s reach and push the boundaries of regulated prediction markets in the United States Good to know Kalshi operates in all 50 states and is regulated..
10 months ago

Online Betting in Brazil Now Taxed at 18 Percent Under New Rule

Brazil has raised the tax rate on licensed online betting companies from 12% to 18% of their net revenue, a 50% increase set to take effect on October 1, 2025 The new rate applies to Gross Gaming Revenue (GGR) and reflects a broader government effort to boost funding after reducing the Financial Operations Tax (IOF) Good to know Tax on..
10 months ago

ASA Says Ladbrokes Ads Could Appeal to Minors, Bans Them

Ladbrokes has been told to take down its ‘Ladbucks’ promotional ads following a ruling by the UK’s Advertising Standards Authority (ASA) The regulator concluded that the ads, which aired in December 2024, could attract individuals under the age of 18—violating advertising codes designed to protect minors Good to know The ASA..
10 months ago

DraftKings Joins FanDuel in Adding Fee to Illinois Wagers

Illinois sports bettors will soon notice a new charge when placing their bets on DraftKings After first still considering possible moves, the operator will now adjust its pricing due to a change in state tax policy Good to know DraftKings will start charging a $050 fee per online or mobile wager in Illinois starting September 1, 2025..
10 months ago

Iowa Sports Betting Handle Reaches $202 Million in May

Sports betting and casino activity stayed strong in Iowa throughout May The latest report from the Iowa Racing and Gaming Commission shows steady growth across both sectors, with internet betting continuing to lead the way Good to know Iowa sportsbooks handled nearly $2026 million in bets in May Internet-based wagers made up almost..
10 months ago

CFTC Nominee Says Tribes Can Apply to Run Prediction Markets

Tribal leaders in California have raised red flags over the growing presence of CFTC-registered prediction markets that include betting on sports events One of those platforms, Kalshi, has been at the center of debate, prompting questions during a recent Senate hearing with CFTC Chair nominee Brian Quintenz Good to know Tribes can..
10 months ago

Harassment Tied to Sports Betting Falls in March Madness, NCAA Reports

Sports betting-related abuse aimed at players, coaches, and officials dropped noticeably during the 2025 NCAA March Madness tournaments According to new data from the NCAA and monitoring partner Signify Group, efforts to reduce harmful online behavior are showing some early results Good to know Abuse tied to betting fell 23%..
11 months ago

North Carolina Books $65.2 Million in Wagering Revenue in May

Sports betting in North Carolina showed mixed results in May 2025 While the total amount wagered increased compared to last year, the monthly handle was among the lowest seen since late 2024 Still, sportsbooks saw stronger revenues thanks to improved hold rates Good to know Sportsbooks in North Carolina took in $5478 million in bets..
11 months ago

FanDuel Adds Illinois Betting Fee After State Hike Leaves No Choice

Illinois will soon see a new cost added to online sports bets, and FanDuel has announced how it plans to respond Starting this fall, users in the state will face a new fee on every bet placed The update came through a press release issued today by Flutter Entertainment, the parent company of FanDuel It confirmed the platform’s plan to..
11 months ago

$42 Billion in Stablecoin Trades Drive Policy Action in Korea

South Korea is moving quickly to reshape its crypto market under new leadership President Lee Jae-myung’s administration is pushing ahead with plans to legalize domestic stablecoins, following through on campaign promises made during his recent election run Good to know New legislation would allow local stablecoin issuance with..
11 months ago

New York State Reports $248.9 Million GGR for May Sports Betting

New York’s online sports betting market set a new high for gross gaming revenue in May, signaling strong player activity despite not reaching the all-time handle peak Good to know May GGR hit a new record at $2489 million, topping January by 04% Total handle crossed $2 billion for the third month in a row FanDuel led the market..
11 months ago
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