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

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

German Officials Want Closer Look at Gold in New York

Germany holds over $109 billion worth of gold at the Federal Reserve Bank of New York Now, some German voices are questioning whether that gold should stay overseas With rising global tensions and economic uncertainty, a growing number of officials are pushing for either regular physical inspections or bringing the gold back home Michael Jäger..
1 year ago

Kentucky Sports Betting Slows Down 19.2%in February

Kentucky’s legal online sportsbooks experienced a slowdown in February, with total wagers falling to $2189 million, a 192% drop from January’s $2709 million Revenue also dipped, going from $322 million to $288 million—a 105% decline Retail sportsbooks followed a similar trend Wagers dropped from $61 million to $57 million, while revenue..
1 year ago

Kalshi Says It Answers Only to the CFTC and Won’t Back Down

Kalshi is standing firm in its legal battle against five US states over its sports-outcome markets, insisting it only answers to the Commodity Futures Trading Commission (CFTC) The company, which runs federally regulated prediction markets in all 50 states, has no plans to back down unless directed by the CFTC itself Founder Tarek Mansour..
1 year ago

Senate Committee Advances Paul Atkins SEC Chair Nomination

Paul Atkins is one step closer to becoming the next chair of the US Securities and Exchange Commission On Thursday, the Senate Banking Committee advanced his nomination with a narrow 13-11 vote All Democrats voted against him, according to a report from Reuters Atkins, previously an SEC commissioner, is known for supporting deregulation and has..
1 year ago

Kalshi Ordered to Halt Sports Wagering in Illinois

Kalshi is now under review by the Illinois Gaming Board (IGB), which is looking into whether the company has been running unlicensed sports betting According to the IGB, Kalshi may have violated the Illinois Sports Wagering Act by taking bets on sports without proper authorization The board has instructed Kalshi to stop all such activity at..
1 year ago

Virginia Sports Betting Revenue Reaches Over 556 Million in February

Sports betting in Virginia continues to bring in strong numbers, according to the latest report from the Virginia Lottery From February 1 to February 28, 2025, total gross revenue from sports gaming reached $5568 million That’s a 22% increase compared to February last year Most of the betting activity came from mobile platforms Fourteen..
1 year ago

Mississippi’s Online Sports Betting Bill Fails, Sweepstakes Ban Also Stalled

Mississippi's latest push to legalize online sports betting has stalled, taking an effort to ban sweepstakes casinos down with it Lawmakers failed to reach an agreement on Senate Bill 2510 (SB 2510) before the March 31 deadline, marking another setback for online gambling expansion in the state Initially, the Senate passed SB 2510 in February..
1 year ago
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