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

Zuckerberg Looked At Buying Kalshi Before Arena Development

Meta interest in prediction markets did not start with Arena NPR reports that Mark Zuckerberg met Kalshi CEO Tarek Mansour in 2025 to discuss a possible acquisition, but Meta later chose to build its own app instead Good to know Meta Arena would use points or play money at launch Kalshi faces state legal fights over sports event..
2 months ago

Jordan Spieth Says Golf Must Deal With Betting Fueled Fan Behavior

Jordan Spieth has warned that golf faces a sports betting problem that other major sports do not deal with in the same way A fan close to the ropes can distract a player during a swing, and that can change a bet in seconds Good to know Jordan Spieth said golf betting “is going to have to be tackled here soon” Wyndham Clark faced..
2 months ago

Malik Beasley Denies NBA Prop Betting Charges, Pleads Not Guilty

Malik Beasley has denied federal charges in a Brooklyn case tied to NBA player prop betting, alleged debt payments, and inside information shared with bettors Good to know Malik Beasley pleaded not guilty and was released on $100,000 bond Prosecutors claim player props on rebounds and other stats sat at the center of the case..
2 months ago

Japan Prediction Apps Test Gambling Rules With Reward Points

Japan prediction market apps are growing by avoiding the one thing that makes Polymarket and Kalshi hard to copy in the country: real money betting Good To Know Miraima launched in November and has reached nearly one million monthly users Users predict sports, stocks, politics and other real world events with virtual points..
2 months ago

Malik Beasley And Ed Davis Charged In NBA Betting Case

Federal prosecutors have turned an NBA player prop investigation into a criminal case involving Malik Beasley, Ed Davis, NBA agent Paolo Zamorano, and three other defendants The indictment centers on alleged inside betting information tied to Milwaukee Bucks games during the 2023-2024 season Good to know Beasley allegedly agreed to..
2 months ago

Nevada Sports Betting Handle Drops In May

Nevada sportsbooks had a rougher May than the handle alone suggests Bettors staked $5457 million during the month, according to the Nevada Gaming Control Board, down 54% from $5768 million in May 2025 Revenue fell faster, dropping 172% to $387 million as the statewide hold slipped to 71% Good to know Nevada sports betting handle has..
2 months ago

DraftKings Launches Own CFTC Licensed Prediction Exchange DKeX

DraftKings has taken more control over its prediction market business with DKeX, a CFTC licensed exchange built into its own app The launch gives DraftKings Predictions an internal market layer at a time when World Cup trading has lifted user activity across sports event contracts Good to know DraftKings now runs DKeX as an internal..
2 months ago

ADI Predictstreet Brings Kalshi Into World Cup With New Deal

Kalshi will add its brand to ADI Predictstreet World Cup advertising after the two prediction market companies announced a strategic partnership Friday Good to know Kalshi branding will appear beside ADI Predictstreet in stadiums, broadcasts, and digital ads ADI Predictstreet launched only three days before the World Cup started on..
2 months ago

CFTC Reportedly Opens Polymarket Investigation After WSJ Report

Polymarket has returned to the US prediction market space, but federal questions have followed quickly The Commodity Futures Trading Commission is conducting an “extensive investigation” into Polymarket, according to the Wall Street Journal Good to know The reported CFTC investigation comes after WSJ coverage of Polymarket creator..
2 months ago

Kalshi Seeks Injunction Against Illinois Licensing Law

Kalshi has taken Illinois to court over a new state law that would force prediction market operators to obtain a local license before offering sports event contracts Good to know Kalshi is seeking temporary and permanent injunctions against the Illinois law The new provisions in SB 3019 take effect July 1 Kalshi argues the..
2 months ago

Brazil To Cut Payment Routes For Unlicensed Betting Sites

Brazil will target illegal betting operators by cutting access to banks, fintechs and payment companies after President Lula signed a new decree on Friday Good to know Banks, fintechs and payment institutions must freeze funds tied to unauthorised betting companies within 48 hours Financial firms can face joint liability when they..
2 months ago

NFL Denies Brendan Sorsby Supplemental Draft Request

Former Texas Tech quarterback Brendan Sorsby has lost his fastest route into the NFL after the league denied his petition for the supplemental draft Good to know Sorsby lost NCAA eligibility after admitting to more than 9,000 bets worth $90,000 during his college career The NFL said the case raised integrity concerns that needed..
2 months ago

BetMGM Extends MLB Sports Betting Deal

BetMGM will keep its place inside Major League Baseball through a new multi-year extension, keeping the sportsbook and online casino brand tied to one of the most data-heavy sports in the US Good to know BetMGM first became the official sports betting partner of MLB in 2018 The renewed deal covers MLB Network, Apple TV broadcasts,..
2 months ago

North Carolina Sports Betting Tax Set To Rise To 23 %

North Carolina sportsbooks launched in 2024 with an 18% tax rate Lawmakers now plan to raise that number to 23%, placing the state above several major online betting markets Good to know North Carolina online sports betting operators will pay 23% of revenue under the agreed rate The current tax rate is 18%, in place since online..
2 months ago

ProphetX Launches Sports Only Prediction Market Across US

ProphetX has gone live nationwide with a sports native prediction market built around peer to peer pricing, direct clearing and CFTC oversight The launch puts the company into a fast growing event contract sector at a time when sports markets are seeing heavy activity Good To Know ProphetX received CFTC approval as both a Designated..
2 months ago

Illinois Adds Prediction Market Tax In New Budget Bill

Illinois has become the second state to tax prediction markets after Gov JB Pritzker signed the FY2027 budget bill The new levy applies to sports related exchange wagers starting July 1 Good To Know Illinois will tax exchange wagers on sporting events from July 1 The first 5 million wagers in a fiscal year will face a 175% tax..
2 months ago

Nevada Makes First Arrest In Fresno State Betting Case

Nevada gaming regulators have made the first arrest in a Fresno State men’s basketball betting investigation The case began with suspicious player prop betting and NCAA eligibility issues It now includes felony charges, and more suspects may still face action Good To Know The Nevada Gaming Control Board said one suspect was booked..
2 months ago

Oklahoma Sports Betting Could Return In 2027 After Stitt Exit

Oklahoma sports betting has a new number attached to it: 68% That was the estimate from Tom McDonald, a senior gaming executive for the Choctaw Nation of Oklahoma, when asked at SBC Summit whether the state could legalize sports wagering next year Good To Know Tom McDonald gave Oklahoma sports betting legalization a 68% chance in..
2 months ago

New Jersey Seeks Sports Event Contract Rules In New Bill S4447

New Jersey lawmakers now have a prediction market bill on the table S4447 would create licensing rules for sports event contracts, ban several sensitive market types, and add penalties for operators that offer products without state approval Good To Know Sen Nicholas Scutari submitted S4447 to the New Jersey legislature Sports event..
2 months ago

Kentucky AG Says Prediction Markets Run Illegal Sportsbooks, Lawsuits Filed

Kentucky has turned its prediction market fight into a court battle Attorney General Russell Coleman announced three lawsuits against Kalshi, Polymarket and VGW, widening a legal fight that already stretches across several US states Good To Know Kentucky filed the lawsuits in Franklin Circuit Court against Kalshi and affiliates,..
2 months ago
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