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

Maryland Online Sports Betting Tax Rate of 20 Percent Now Official

Maryland’s online sports betting operators are now required to pay more in taxes Governor Wes Moore signed HB352, the Budget Reconciliation and Financing Act of 2025, which officially raised the tax rate on online sports betting from 15% to 20% Good to know Maryland's online sportsbook tax rate is now 20% Most of the tax revenue..
1 year ago

Tennessee April Betting Handle Grows from Last Year but Slips from March

ennessee saw a solid jump in its sports betting handle compared to April last year, though the total fell short of what was recorded in March The latest figures were shared by the Tennessee Sports Wagering Council, which tracks all legal betting activity in the state Good to know Gross handle for April reached $4636 million, up 217% from..
1 year ago

Gambling Sponsors Must Exit Dutch Sports by July; KSA Warns Operators

The Dutch gambling regulator Kansspelautoriteit (KSA) is stepping up enforcement as a full ban on sports sponsorships by gambling operators approaches Starting 1 July, all gambling-related sponsorship in Dutch sports will be prohibited, covering everything from shirts to tournament partnerships Good to know The ban includes team,..
1 year ago

Louisiana Betting Taxes Bill Passes with Adjusted 21.5% Rate

Louisiana lawmakers are looking to online sports betting as a way to ease upcoming budget pressures A new bill passed in the House aims to raise tax revenue from mobile sportsbooks without turning to broader tax increases Good to know The House approved raising the online betting tax from 15% to 215% Revenue will support college..
1 year ago

Fake Taxi Driver in London Steals $123K in Bitcoin From US Tourist

A disturbing incident involving cryptocurrency theft has surfaced in London, where an American tourist was reportedly drugged and robbed of $123,000 in Bitcoin The attacker, posing as a rideshare driver, allegedly drugged the victim and fled with his phone, which stored the keys to his crypto assets Good to know The victim lost access..
1 year ago

Bitcoin Realized Cap Hits Record as Rally Builds Momentum

itcoin continues to climb, breaking into new all-time highs while investor confidence grows alongside it Recent data from Glassnode highlights how strong this rally has become, supported by major profits for holders and a key market metric reaching record territory Good to know Realized Cap crosses $900 billion for the first time..
1 year ago

Novogratz Ties Bitcoin Growth to Policy and Pressure

Bitcoin is pushing close to new highs, and Galaxy Digital’s CEO Mike Novogratz believes the broader economic climate in the United States is a major reason why Speaking with Bloomberg, he outlined how both political shifts and market conditions have given digital assets new momentum Novogratz pointed to a mix of leadership and policy changes..
1 year ago

DraftKings Sued for Allegedly Exploiting Gambling Addictions

Five men from Pennsylvania have filed a federal class action lawsuit against DraftKings, claiming the online sportsbook took advantage of their gambling addictions through manipulative promotions and weak responsible gaming measures The suit, filed in April 2025, accuses the company of using deceptive tactics to push compulsive gamblers deeper..
1 year ago

Judge Backs Newly Flutter Owned NSX in Biometric Dispute Over Betting Access

A court in Brazil has rejected an attempt to shut down three major betting platforms operated by the NSX Group—Betnacional, Mr Jack Bet, and Pagbet—despite a lawsuit calling for their suspension and BRL 500 million in damages Good to know NSX Group recently sold to Flutter in a $350 million deal Brazil’s Ministry of Finance..
1 year ago

SEC Sues Unicoin Over $100 Million Investor Fraud

The US Securities and Exchange Commission (SEC) has filed a lawsuit against crypto investment firm Unicoin and four of its top figures, accusing them of deceiving thousands of investors through inflated claims and misleading financial information The case centers around more than $100 million raised via rights certificates tied to Unicoin tokens..
1 year ago

Colorado to End Free Bet Deductions for Sportsbooks

Colorado sportsbooks will soon lose a key tax break as Governor Jared Polis signed House Bill 1311 into law on May 15 The measure phases out promotional bet deductions, which currently allow operators to reduce their taxable revenue by writing off non-cash bonuses like free bets Good to know Deduction cap drops to 1% in January 2026,..
1 year ago

North Carolina House Rejects Sports Betting Tax Increase

State lawmakers in North Carolina remain divided on whether to raise the tax rate on sports betting operators The House has chosen not to follow the Senate’s proposal to double the current 18% rate Good to know The Senate wants to increase the tax rate to 36%, starting October 1 The House prefers to keep the existing 18% rate that..
1 year ago

US Betting Market Sees bet365 and Fanatics Rise

New research from Bettormetrics shows that challenger sportsbooks are starting to narrow the gap on FanDuel and DraftKings in the US market Based on performance data from the first four months of 2025, bet365 leads in pricing while Fanatics ranks highest for uptime Good to know Bet365 posted the best pricing value with a 53%..
1 year ago

Missouri Opens Applications for Sports Betting Licenses

Missouri is moving ahead with legal sports betting, as the state’s gaming commission has begun accepting applications for sportsbook licenses The application process follows a tight vote on Amendment 2, passed in November 2024, which amended the state constitution to allow sports wagering for those aged 21 and older Good to know..
1 year ago

Ripple and Coinbase Eye Circle as Company Targets $5 Billion IPO

Circle, the company behind the USDC stablecoin, is weighing its options as it moves forward with IPO plans while also entertaining acquisition interest from Ripple and Coinbase The dual-track approach comes during a period of shifting market conditions and rising attention on stablecoins Good to know Circle is targeting a $5 billion..
1 year ago

Sports Betting Revenue Holds as Kansas Handle Falls

Kansas saw a dip in sports betting activity last month as the April handle came in lower than March Despite the slowdown, online betting remained the dominant channel, and revenue figures held steady Good to know Sportsbooks in Kansas brought in $2088 million in wagers in April, down from March’s total Online betting accounted for..
1 year ago

ACMA Hits PointsBet with Over $300K Penalty

PointsBet is facing major consequences in Australia after being found in breach of both spam and self-exclusion laws The Australian Communications and Media Authority (ACMA) has imposed a penalty of AU$500,800 ($321,706), citing hundreds of illegal marketing messages and violations of rules protecting vulnerable users Good to know..
1 year ago

Pavel Durov Rejects EU Censorship Demand Before Key Vote in Romania

A heated clash between tech platforms and European authorities continues to unfold Telegram founder Pavel Durov has called out what he sees as election interference by governments asking him to limit speech — and he is refusing to back down Good to know Pavel Durov refused a request from a European country to censor Telegram content..
1 year ago

Crypto Theft Attempt Fails as Four Chinese Men Caught in Paraguay

Four Chinese nationals have landed in trouble in Paraguay after a failed attempt to steal crypto mining equipment The incident took place in Coronel Bogado, a town near the Itaipu hydroelectric dam, a popular area for crypto mining due to its cheap and abundant electricity Good to know Three suspects were deported immediately for..
1 year ago

Bitcoin Purchases Sends Addentax Shares Up Then Down

This Chinese investment firm has grabbed attention after revealing plans to buy $800 million worth of Bitcoin and other cryptocurrencies The announcement caused a temporary surge in its stock price before it fell back and dipped even further Good to know Addentax plans to buy 8,000 BTC and other cryptos including the TRUMP memecoin..
1 year ago
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