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

March Madness Betting Pushes Connecticut Handle Past $200 Million

Connecticut sports betting crossed a milestone in March with $2077 million wagered — the first time handle has topped $200 million during that month since online betting launched in October 2021 Good to know Connecticut saw its highest March betting total since online wagering launched in October 2021 FanDuel posted a 25% rise in..
1 year ago

Kalshi Launches MLB Contracts as State Pressure Builds

Kalshi is pressing forward with its sports prediction markets, now launching individual MLB game contracts just days after rolling out similar markets for the NBA The move comes as several states ramp up pressure, claiming platforms like Kalshi are acting as unlicensed sportsbooks Good to know Kalshi introduced prediction markets for..
1 year ago

Tennessee Tells CFTC to Block Sports Prediction Markets

Tennessee has officially weighed in on the debate over sports prediction markets, urging the Commodity Futures Trading Commission (CFTC) to rethink its stance The Tennessee Sports Wagering Council, which oversees legal betting in the state, sent a letter to the federal agency arguing that sports event contracts being offered in the state amount to..
1 year ago

Hidden Road Gains Broker Dealer License as Ripple Acquisition Advances

Hidden Road has received the green light from the Financial Industry Regulatory Authority (FINRA) to operate as a broker-dealer in the US, the company confirmed on Thursday The approval was granted to its subsidiary, Hidden Road Partners CIV US LLC Good to Know Hidden Road has secured US broker-dealer status through FINRA The firm..
1 year ago

Brazil Sets Gambling Priorities for 2025 and 2026

The Secretariat of Prizes and Bets (SPA) in Brazil has outlined its next steps for the country’s gambling market, with a focus on responsible betting, updated certification processes, and stronger oversight The updated regulatory agenda, published under Normative Ordinance No 817, covers priorities for the 2025-26 period The SPA is pushing..
1 year ago

Match-Fixing Probe Targets Bruno Henrique After Yellow Card Bet Spike

Brazilian striker Bruno Henrique is facing accusations linked to a match-fixing investigation involving suspicious betting patterns The Federal Police have formally indicted the Flamengo forward, pointing to a yellow card incident during a 2023 match against Santos in the Campeonato Brasileiro as the focus of their case Good to know..
1 year ago

Online Sports Betting May Come to Nebraska Racetracks

A new push to expand gambling in Nebraska has advanced, with lawmakers moving forward on a constitutional amendment that would allow online sports betting—but only at licensed racetracks Good to know Nearly 60% of Nebraskans support legal mobile sports betting The plan could bring in $32 million each year for the state The..
1 year ago

SEC Delays Decision on Grayscale Ethereum Trust Staking Proposal

The US Securities and Exchange Commission (SEC) is taking more time to review a proposed rule change that would allow ether staking in two Grayscale funds The extension gives the Commission until June 1, 2025, to finalize its position on amendments involving the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF Good to..
1 year ago

Fifteen Charged Over UK Election Date Betting Case Including Conservative Party Figures

The UK Gambling Commission has charged 15 individuals with offences under Section 42 of the Gambling Act 2005, following an investigation into betting on the timing of the UK’s general election The charges relate to bets allegedly placed before former Prime Minister Rishi Sunak publicly announced the July 2024 election date Good to..
1 year ago

Meanwhile Now Valued At $190 M After $40 M Fundraising Round

Meanwhile, a crypto life insurance company that handles everything in Bitcoin, has reached a valuation of $190 million following its recent Series A fundraising The company raised $40 million, according to a report by Fortune, with backing from Bitcoin-friendly players like Xapo and venture capitalist Wences Casares Unlike traditional insurers,..
1 year ago

New York Sports Betting Hits $23.94 Billion for 24/25 Fiscal Year

New York wrapped up its 2024/25 fiscal year with a strong performance in sports betting, reporting a total handle of $2394 billion, according to data from the New York State Gaming Commission (NYGC) March alone contributed $244 billion, the second-highest monthly figure of the year, likely fueled by March Madness activity January topped the..
1 year ago

MGCB Launches Probe into Prediction Market Platforms

Michigan regulators are taking aim at unlicensed sports prediction markets that have started popping up across the state The Michigan Gaming Control Board (MGCB) has opened investigations into operators that appear to sidestep existing state laws, raising alarms about consumer safety and the integrity of the legal betting system These platforms..
1 year ago

Dogecoin Enters ETP Market with Support from 21Shares

Dogecoin is stepping into the institutional investment space through a new collaboration between its corporate affiliate, House of Doge, and 21Shares, one of the world’s top crypto ETP (exchange-traded products) providers The two organizations have joined forces to launch Dogecoin ETPs across global markets 21Shares, which currently manages..
1 year ago

Maryland Sports Betting Tops Half a Billion in March

Maryland Lottery and Gaming has shared its sports betting numbers for March 2025, showing a total handle of $5885 million across both mobile and retail platforms Bettors saw $5406 million returned in payouts, leaving an overall hold of $479 million The majority of wagers came through mobile sportsbooks, which generated $5734 million in handle..
1 year ago

SEC Leadership Shifts as Paul Atkins Gets Voted In on Wednesday

The US Senate has confirmed Paul Atkins as SEC chair in a 52-44 vote, following his nomination by President Donald Trump Atkins who got nominated four months ago, is a former SEC commissioner from 2002 to 2008 He replaces Mark Uyeda, who had served as acting chair since January after Gary Gensler stepped down Atkins brings experience from Wall..
1 year ago

Sports Betting Proposal Pulled From Oklahoma House Agenda Last Minute

A bill to legalize mobile sports betting in Oklahoma was pulled from consideration just hours before it was set to be discussed in a House subcommittee The unexpected delay adds to a series of hold-ups that have kept Oklahoma from joining the majority of US states that now allow some form of sports wagering The bill had already cleared the..
1 year ago

Hawaii Senate Advances Online Sports Betting and Fantasy Sports Legislation

Hawaii is one step closer to legalizing online sports betting and fantasy sports The state Senate passed House Bill 1308 with a narrow 15-10 vote, sending it back to the House for final approval after multiple amendments If the House agrees and Governor Josh Green signs it, Hawaii could soon open the door to its first legal gambling operations If..
1 year ago

MLB Players Join PENN Sportsbooks Through New Licensing Deal

ENN Entertainment is strengthening its position in the sports betting space by partnering with MLB Players Inc (MLBPI) and OneTeam Partners Through the new agreement, PENN’s sportsbooks—ESPN BET in the US and theScore BET in Canada—are now officially licensed by MLBPI This deal gives PENN the ability to use MLB player names, photos, and..
1 year ago

Ripple to Acquire Hidden Road in $1.25 Billion Deal

Ripple has announced plans to acquire prime brokerage firm Hidden Road in a $125 billion agreement The deal is one of the largest in the crypto industry to date and will make Ripple the first crypto company to own a multi-asset prime broker Hidden Road currently handles over $3 trillion in annual transactions for more than 300 institutional..
1 year ago

Maryland Orders Kalshi, Robinhood, and Crypto.com to Stop Prediction Markets

Kalshi, Robinhood Derivatives, and Cryptocom have been told to shut down their online sports event prediction markets in Maryland The Maryland Lottery and Gaming Control Commission sent official letters ordering the three companies to stop offering contracts tied to the outcomes of sports events According to the Commission, these markets..
1 year ago
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