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

New York State Sees Year-Over-Year Growth in Commercial Gambling Revenue for January

Total gross gaming revenue (GGR) increased significantly, according to the January 2025 commercial gambling statistics published by the New York State Gaming Commission Ultimately, New York's GGR for the month was $54 million, up about $5 million from January 2024 Slots Lead the Charge, Table Games See Modest Growth Slots were the main revenue..
1 year ago

GeoComply Reports 14% Growth in Active Legal Sports Betting Accounts for Super Bowl Weekend

GeoComply's annual data report reveals significant growth in legal online sports betting activity, marking a 14% year-over-year increase in active accounts This boost comes despite no new market launches for this year’s Super Bowl A Rise in Legal Betting Accounts From 12 am on Saturday, February 8th, to the conclusion of the Super Bowl on..
1 year ago

University of Austin Launches $5M Bitcoin Fund to Explore Long-Term Potential

To look into the long-term potential of digital assets, the University of Austin is setting up a Bitcoin investment fund Its endowment strategy includes this endeavor The 142-year-old University of Austin is reportedly soliciting $5 million for a Bitcoin fund, according to a Financial Times report This portion of its $200 million endowment makes..
1 year ago

Coinbase Faces Class Action Lawsuit in New York Over Alleged Securities Violations

In a significant development for the cryptocurrency industry, a US federal judge has ruled that Coinbase must face a class action lawsuit in New York This ruling could have widespread implications for digital asset exchanges A judge for the Southern District of New York, Paul Engelmayer, dismissed Coinbase’s argument that it was not a..
1 year ago

Virginia Sports Betting Hits $734M, Revenue Drops in December

Despite not nearly breaking any records, Virginia's sports betting market had a great year at the end of 2024 Although revenue was below projections, the state's sportsbooks reported a strong handle, indicating positive momentum The Virginia Lottery reports that wagers totaled $7343 million in December, a minor decrease from $760 million in..
1 year ago

Former Interpreter Ippei Mizuhara Receives Nearly Five-Year Prison Sentence

Ippei Mizuhara, a former interpreter for Shohei Ohtani of the Los Angeles Dodgers, was found guilty of bank and tax fraud and given a sentence of over five years in jail Four years and nine months was the punishment imposed by a federal court in Santa Ana, California In addition to the jail sentence, Mizuhara must pay $18 million in reparations,..
1 year ago

Gemini Considers IPO as Winklevoss Twins Explore Public Offering in 2025

Gemini, the prominent crypto exchange and custodian founded by Tyler and Cameron Winklevoss, may soon go public According to a Bloomberg report, the Winklevoss twins are exploring an initial public offering (IPO) for their company in 2025 Sources familiar with the matter indicate that Gemini is currently in talks with bankers to assess the..
1 year ago

Donald Trump Jr. Declares Crypto as Key to America’s Economic Power

During Thursday's Ondo Summit in New York City, Donald Trump Jr expressed his opinion that cryptocurrencies could be crucial to America's future supremacy He said, "I think it's perhaps the future of American hegemony, in terms of our economic status, our economic might," at the function His comments are a continuation of his support for the..
1 year ago

Michigan Gaming Board Calls for Responsible Betting Ahead of Super Bowl LIX

As Super Bowl LIX approaches, the Michigan Gaming Control Board (MGCB) has issued a call for responsible betting The regulator emphasizes the importance of using authorized and legal sportsbooks when wagering on this year’s big game The MGCB has urged sports fans and bettors to bet responsibly during the Super Bowl The board stressed, "We..
1 year ago

Florida Bill Moves Toward Decoupling Horse Tracks and Expanding Gambling Options

The House Industries & Professional Activities Subcommittee in Florida recently approved a bill that has the potential to revolutionize the gambling industry in the state If the measure is approved, Gulfstream Park and Tampa Bay Downs, Florida's two remaining horsetracks, would no longer be required to host live races in order to provide other..
1 year ago

Lawsuit Filed Against SEC for Delaying Report on Ethical Conflicts in Crypto Enforcement

The US Securities and Exchange Commission (SEC) has been sued by Empower Oversight for failing to provide a critical report on the agency's biased enforcement and ethical conflicts Despite many Freedom of Information Act (FOIA) requests, the study, which was finished more than a year ago by the SEC's Office of Inspector General, has not been made..
1 year ago

BlackRock to Launch Bitcoin ETP in Europe, Expanding Crypto Strategy

BlackRock (BLK), the world’s largest asset management firm with over $10 trillion in assets under management, is set to list a Bitcoin exchange-traded product (ETP) in Europe According to Bloomberg, the product will be based in Switzerland, and BlackRock could start marketing it as early as this month BlackRock's Continued Crypto..
1 year ago

Connecticut Moves to Ban Simulated Online Casinos and Sports Betting

The goal of the proposed measure (No 1235), which was submitted by the Connecticut General Law Committee on February 4, is to limit sweepstakes that involve "real or simulated online casino gaming or sports wagering" Additionally, according to sports betting and gambling lawyer Daniel Wallach on X, the proposed legislation makes participation in..
1 year ago

CFTC Requests Robinhood to Halt Sports Event Contract Availability

Robinhood Derivatives (RHD) recently received a formal request from the Commodity Futures Trading Commission (CFTC) to “not permit customers to access” sports event contracts, including those from the Pro Football Championship market The company has agreed to comply with the CFTC's request but will offer resolution options for customers who..
1 year ago

Federal Investigation into NBA Betting Scandal Expands to College Basketball

The ongoing federal investigation into illegal sports betting linked to the NBA has reportedly extended to college basketball Sources told ESPN that betting accounts tied to the gambling ring placed wagers against North Carolina A&T, Mississippi Valley State, and Eastern Michigan this season Authorities have already arrested six individuals..
1 year ago

Super Bowl Betting Expected to Hit $1.39 Billion, Says AGA

According to the American Gaming Association (AGA), there will be $139 billion in legal bets on this year's Super Bowl There will likely be a lot of betting activity during the Kansas City Chiefs vs Philadelphia Eagles championship game However, because of a change in methodology, this estimate is less than the $231 billion forecast from the..
1 year ago

Mississippi House Approves Mobile Sports Betting Bill, Moves to Senate

The Mississippi Mobile Sports Wagering Act, which was passed by the House with overwhelming support, brings Mississippi one step closer to legalizing mobile sports betting The bill now moves on to the Senate for additional review after an 88-10 vote The House has passed legislation pertaining to mobile sports wagering for the second year in a..
1 year ago

Kraken Secures MiFID License for Crypto Derivatives Expansion in Europe

A major milestone in its European development has been reached by Kraken, a prominent cryptocurrency exchange, which has obtained a Markets in Financial Instruments Directive (MiFID) license Kraken is able to provide cryptocurrency derivatives throughout the 27-nation European Union because to its license Kraken purchased a Cypriot investment..
1 year ago

Hawaii Advances Bill to Legalize Online Sports Betting, Joining Broader State Trends

The possibility of legalizing online sports betting in Hawaii has advanced Recently, HB 1308, a bill that may open the door for regulated online sports betting in Hawaii, was approved by the state's House Committee on Economic Development and Technology Hawaii News Now reported locally that there was no dissent to the committee's decision during..
1 year ago

Ohio Governor’s Tax Hike Proposal Targets Sports Betting Industry

Another significant tax increase may soon be implemented in Ohio's sports betting market The state would increase its sports betting tax from 20% to 40% if it were authorized This comes after Governor Mike DeWine boosted the tax rate from 10% to 20% in July 2023 by pushing through a budget The action marked a change from Ohio's formerly pro-gaming..
1 year ago
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