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

NBA Warns Prediction Markets Could Harm League Integrity

The National Basketball Association has stepped into the debate over sports prediction markets, raising concerns about their impact on game integrity In a recent letter to the Commodity Futures Trading Commission (CFTC), the NBA laid out its issues with how these markets function, especially as they continue to grow Good to know..
1 year ago

Ohio March Betting Handle Nears $1 Billion

March brought a wave of betting activity to Ohio, nearly hitting the $1 billion mark for total wagers The NCAA tournament helped fuel this surge, with strong showings by online sportsbooks and some changes in revenue dynamics Good to know Total betting handle in March reached $993 million Online operators made up over 98% of..
1 year ago

Robinhood Posts Strong Q1 With Revenue Growth and Record Deposits

Robinhood posted strong numbers in Q1 2025, reflecting sharp growth in revenue and trading activity The platform made clear progress in both innovation and user engagement, even as after-hours trading dipped slightly Good to know Q1 revenue hit $927 million, up 50% year-over-year Crypto revenue doubled to $252 million compared to Q1..
1 year ago

Bet365 Could Go Public or Sell Stake in Deal Valued at $12 Billion

Bet365 may soon enter a new phase The company is reviewing multiple possibilities that include a full sale, a partial private equity deal, or a US stock exchange listing Wall Street banks and American advisers are involved in ongoing talks, according to reporting from The Guardian Good to know Bet365 is discussing options for a deal..
1 year ago

IBIA Flags 63 Suspicious Betting Alerts Across Six Sports in Q1

Suspicious betting activity held steady in early 2025, with football and tennis drawing the most alerts, according to new data from IBIA IBIA tracked 63 alerts between January and March 2025, identifying suspicious betting patterns across six sports in 23 countries That figure is slightly down from 65 alerts in Q4 2024, but 11 percent higher..
1 year ago

Louisiana Bill Proposes Higher Online Betting Tax

Louisiana lawmakers are moving forward with a proposal that would nearly double the tax on online sports betting House Bill 639, brought forward by Representative Neil Riser, gained support from the House Appropriations Committee with a 20-1 vote The measure seeks to raise the tax rate on mobile wagers from 15 percent to 325 percent Good to..
1 year ago

Adam Back Says Bitcoin Strategy Could Reshape 200 Trillion Dollars

Blockstream CEO Adam Back has shared his outlook on how Bitcoin may influence the global economy, starting with how companies manage their balance sheets In a recent post on X, he said that holding Bitcoin as part of a treasury policy could create large-scale financial change over time Good to know Adam Back sees Bitcoin becoming a key..
1 year ago

Nasdaq Applies to List Spot ETF for Dogecoin

Nasdaq has filed an application with the US Securities and Exchange Commission (SEC) to list a spot-based exchange-traded fund (ETF) for Dogecoin, the original meme-driven cryptocurrency The proposed product would be sponsored by 21Shares, a firm known for developing crypto investment vehicles Good to know Nasdaq has submitted a filing..
1 year ago

Arizona Sportsbooks Start 2025 With Strong Gains

Arizona sportsbooks kicked off the year with a strong rebound in revenue despite only a slight increase in handle The Arizona Department of Gaming reported $8642 million in total bets for January, slightly above December’s $8493 million Compared to January 2024, the handle increased by 22% Good to know: Arizona reported $8642 million..
1 year ago

Nevada Sees March Betting Handle Jump but Profits Fall

Nevada’s sports betting handle hit $8595 million in March 2025, marking the highest monthly total since November 2023 College basketball led the charge, driven by March Madness betting, which pushed overall wagers past every month of the last NFL season—even without football contributing Good to know: Nevada sportsbooks handled..
1 year ago

Paradigm Invests $50 Million in Decentralized AI Startup Nous Research

Paradigm, a major name in venture capital, is making a major move into decentralized artificial intelligence by backing Nous Research Reports from Fortune say Paradigm is investing close to $50 million into the AI startup, pushing its token valuation up to $1 billion Good to know Paradigm is investing about $50 million into Nous..
1 year ago

Hawaii Sports Betting Bill Rejected by Lawmakers

Hawaii will not see legal sportsbooks anytime soon Lawmakers officially ended the effort on Friday when they could not agree on a final version of the sports betting bill Good to know Hawaii lawmakers rejected the sports betting bill before the session ended DraftKings, FanDuel, and other major brands were ready to launch if the..
1 year ago

PrizePicks & MLB, New San Francisco Giants Partnership

PrizePicks is stepping deeper into the baseball scene by teaming up with the San Francisco Giants The company has become the official daily fantasy sports partner of the team, bringing a mix of digital promotions and in-stadium features to Oracle Park Good to know PrizePicks now partners with both the San Francisco Giants and San Diego..
1 year ago

MEXC Confirms All User Assets Fully Backed in Latest Audit

MEXC has added nearly $390 million to its reserves since February, a move that signals rising trust in the platform The crypto exchange released its April 2025 Proof of Reserves report on Wednesday, confirming that all user funds remain fully backed on-chain Good to know MEXC added $389 million in assets over two months, strengthening..
1 year ago

Colorado Advances House Bill 1311 to Cut Betting Tax Breaks

Colorado lawmakers are moving to change how sports betting and online casino operators report taxable revenue House Bill 1311 aims to close a tax break that currently allows companies to deduct free bets and promotional offers when calculating taxes owed Good to know Colorado may remove the free bet tax deduction for sports betting and..
1 year ago

March Madness Pushes Tennessee Betting Past Half a Billion USD in March

Tennessee recorded a strong month for sports betting in March, with sportsbooks processing $5517 million in wagers The sharp rebound followed a quieter February and delivered a substantial tax gain for the state Good to know Tennessee sportsbooks handled $5517 million in wagers during March The state collected $10 million in taxes..
1 year ago

Kalshi Sues Maryland After Cease Order on Event Markets

Prediction market operator KalshiEX LLC has taken its legal battle with state regulators to the federal level On Monday, Kalshi filed a lawsuit in the US District Court in Maryland, challenging a cease-and-desist order from the Maryland Lottery and Gaming Control Commission Good to know Kalshi has filed lawsuits in Maryland, New..
1 year ago

Former SEC Chair Warns Most Tokens Will Not Hold Up, Except Bitcoin

Gary Gensler, former head of the US Securities and Exchange Commission, shared strong views on the state of cryptocurrency in a recent CNBC interview He expressed doubt about the staying power of most digital tokens and said much of the crypto space runs on hype instead of value Good to know Gary Gensler served as SEC Chair before..
1 year ago

Truth.Fi ETFs from Trump Media Will Target U.S. and Crypto Markets

Trump Media and Technology Group is moving into financial services, with plans to launch a lineup of exchange-traded funds under the TruthFi brand The company revealed a new partnership with Cryptocom and Yorkville America Digital to bring the ETFs to market, focusing on digital assets and US-based investments Good to know Trump Media..
1 year ago

PrizePicks Launches Free NFL Draft Game with Viral Predictions

PrizePicks is jumping into the NFL Draft action with a new twist on daily fantasy Ahead of the draft on April 24, the company rolled out its first-ever free-to-play fantasy game tied to viral moments surrounding the event Good to know PrizePicks became the first DFS operator accredited by the National Council on Problem Gambling on..
1 year ago
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