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


NFT Sales Climb 15.2% to $121M as CryptoPunks Trades Soar 500%

NFT sales have increased in spite of continuous difficulties in the larger cryptocurrency market The global cryptocurrency market cap just dipped to $283 trillion from $284 trillion last week, with Bitcoin and Ethereum both falling to $86,000 and $2,100, respectively Despite the decline in market participation, NFT trading activity has..
1 year ago

Gemini Reportedly Prepares for IPO With Goldman Sachs and Citigroup

According to reports, Gemini, a cryptocurrency exchange that was established by the twin billionaires Tyler and Cameron Winklevoss, is moving closer to an IPO Bloomberg reports that people with knowledge of the situation said the company is working with Citigroup and Goldman Sachs to investigate a possible listing There has been no final..
1 year ago

Brazil Proposes Strict Penalties for Illegal Gambling Ads

PL706-2025, a bill filed by Brazilian federal lawmaker Kim Kataguiri, would make marketing for unlawful gambling illegal Promoting unauthorized betting services would be illegal under the statute, which carries a maximum sentence of eight years in prison The protection of vulnerable audiences, such as children and those from low-income..
1 year ago

Connecticut Considers Joining Multi-State Poker Network, Eyes Sports Betting Limits

Legislators in Connecticut are debating a major overhaul of the state's internet gambling regulations The House General Law Committee filed SB01464, a bill that would limit sports betting bets and expand online poker, on March 6 Connecticut would be able to join the Multi-State Internet Gaming Agreement (MSIGA) if the legislation is approved..
1 year ago

AFL Faces Backlash Over Push for Larger Share of Betting Revenue

The Australian Football League (AFL) is under pressure from bookmakers and gambling reform advocates over its attempt to increase its share of sports betting revenue Critics argue the move could lead to more aggressive gambling promotions, raising concerns about the risks for amateur bettors Recent league documents reviewed by The Guardian..
1 year ago

F1 Las Vegas Grand Prix Fuels $934 Million Economic Impact

With a $934 million economic impact, the Las Vegas Grand Prix 2024 had a lasting impression on the Southern Nevada economy Nonetheless, this number was 38% lower than the first-ever event in 2023 Race organizers say the state of Nevada's tax income was $45 million, much less than the $77 million it earned in 2023 Notwithstanding the downturn,..
1 year ago

Ohio Sports Betting Surges in January, Revenue Faces Challenges

According to the Ohio Casino Control Commission, the handle of Ohio's sports betting market increased by 246% in January to $1 billion Only three times has the state's monthly wager total exceeded ten figures, and two of those occurrences have taken place in the last three months With $9922 million of the total handle, online sports betting was..
1 year ago

Regulators Ease Restrictions on Bitcoin Mining Rigs, Yet Many Remain Held

US authorities have started returning cryptocurrency mining equipment that had been confiscated in recent months, according to a Reuters report on March 5 Taras Kulyk, CEO of Synteq Digital, confirmed the development, stating that thousands of units had been released At its peak, the backlog reached nearly 10,000 machines stuck at different..
1 year ago

Sam Bankman-Fried Discusses Crypto’s Future in Prison Interview

In a recent interview with Tucker Carlson from behind bars, Sam Bankman-Fried, the former CEO of FTX, discussed his outlook on the future of cryptocurrencies The discussion covered regulatory obstacles, the changing function of cryptocurrencies, and their place in international finance Regarding the US cryptocurrency sector, Bankman-Fried..
1 year ago

Kraken Set to Distribute Next Round of FTX Payouts on May 30

According to Kraken, the next batch of FTX repayments will start to be distributed on May 30 This stage, which will cover both minor and major claims, is an important part of the continuous payout procedure According to a recent post on X by Sunil, an FTX creditor representative, Kraken has started emailing FTX users about the next payout round..
1 year ago

Hawaii Moves Closer to Legalizing Online Sports Betting

On March 5, Hawaii's House of Representatives passed House Bill 1308, marking a major step toward the legalization of sports betting in the state With the backing of Representatives Chris Todd (D-Hilo) and Darius Kila (D-Honokai Hale), the bill was introduced by Representative Dan Holt (D-Honolulu) and passed the chamber by a vote of 35 to 15..
1 year ago

Nevada Orders Kalshi to Cease Operations Over Gaming Violations

Kalshi has been ordered by the Nevada Gaming Control Board (NGCB) to cease operations in the state by 5:00 PM on March 14 Kalshi's event-based trading contracts are allegedly in violation of state gaming rules, according to regulators In a cease-and-desist letter, the NGCB stated that betting on sports and election outcomes is “unlawful in..
1 year ago

CryptoQuant CEO Reveals Key Factor Stalling Bitcoin and Crypto Market Growth

According to Ki Young Ju, CEO of CryptoQuant, one of the key reasons why the digital asset market is still slow is because Bitcoin (BTC) and other cryptocurrencies are being held back He informed his 410,300 X followers that unless American attitude changes, market conditions are not likely to get better Despite the current stagnation, Ki Young..
1 year ago

DraftKings CEO Sees Growing Momentum for Sports Betting and iGaming Expansion

DraftKings is making steady progress in expanding legal sports betting and online casino gambling across the US, according to CEO Jason Robins Speaking at a Morgan Stanley conference, Robins expressed optimism about the legislative landscape shifting in favor of gaming expansion “I feel like we have some real momentum in iGaming now, the first..
1 year ago

Donald Trump Signals Possible Pardon for Pete Rose During Betting Ban Controversy

Former US President Donald Trump has expressed his desire to pardon Pete Rose, baseball’s all-time hit leader, decades after his permanent ban from Major League Baseball (MLB) Rose, who passed away on September 30, 2024, at the age of 83, was barred from the sport in 1989 due to allegations that he placed bets on games, including those involving..
1 year ago

BlackRock Highlights Bitcoin Supply Crisis, Warns of Rising Demand from US Millionaires

The largest asset manager in the world, BlackRock, has expressed concern over Bitcoin's limited supply in response to growing demand from affluent American investors A recent study, Why Bitcoin Model Portfolio Builders' Point of View, examines how Bitcoin's supply dynamics vary from those of more conventional assets like gold Unlike gold,..
1 year ago

Gamstop Study Reveals Alarming Gambling Trends Among UK Male Students

Gamstop recently conducted a survey that found alarming patterns among male students in the UK Ten percent of these students spend more money each week on gaming than on groceries, according to the survey One in ten students specifically reported gambling between £51 and £100 each week, and the same amount claimed having trouble paying for meals..
1 year ago

Kentucky Sports Betting Operators See Strong January Performance

In 2025, Kentucky's sports betting operators got off to a great start The handle for January, according to the Kentucky Horse Racing and Gaming Corporation, was $2771 million, a 128% increase from January 2024 For the second year in a row, sportsbooks generated over $30 million in total revenue, indicating a strong start The excellent numbers..
1 year ago

Swiss National Bank President Rejects Bitcoin as a Reserve Asset

The inclusion of Bitcoin (BTC) in the country's reserve assets has raised grave worries, according to Martin Schlegel, head of the Swiss National Bank (SNB) In a recent SwissInfo report, Schlegel noted concerns over volatility, liquidity, and security as reasons why Bitcoin does not meet the bank's standards for a sound reserve..
1 year ago

Hester Peirce Introduces SEC Crypto Task Force as Regulatory Focus Shifts

The US Securities and Exchange Commission (SEC) has officially disclosed the members of its Crypto Task Force, which includes key advisors from various divisions within the agency This announcement follows a March 3 memo from Commissioner Hester Peirce, posted on the SEC’s official website The task force includes personnel from Acting Chairman..
1 year ago