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


Nearly 800 Arrested in Nigeria’s Crackdown on International Crypto Scam

In a major operation, Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has uncovered a massive crypto romance scam in Lagos On December 10, the EFCC raided a building suspected of being a hub for the scam, arresting 792 individuals in connection with the fraudulent activity International Involvement in the..
1 year ago

PrizePicks Opens New Headquarters in Atlanta’s Star Metals District

Daily fantasy sports (DFS) company PrizePicks celebrated its move to a new headquarters in Atlanta with a ribbon-cutting ceremony on Thursday Georgia Governor Brian Kemp attended the event, calling the expansion a win for Georgia’s economy The new 33,000-square-foot office is located in the Star Metals high-rise in West Midtown, a premier..
1 year ago

South Korea Urged to Accelerate Crypto Market Institutionalization

The South Korean Stock Exchange's chairman, Jeong Eun-bo, has emphasized how urgently the country must institutionalize its bitcoin industry He cautioned that if there are any delays, the country may fall behind other countries that have already put in place extensive laws Institutionalization Key to Competitiveness In a recent interview with..
1 year ago

Indiana’s Sports Betting Hits Record $614.3 Million in November Handle

In November, the sports betting market in Indiana hit a record-breaking $6143 million in handle- This 14% increase over October's $5379 million highlights the industry's robust growth The revenue shattered the $500 million barrier earlier this year The adjusted income for November was an astounding $685 million, nearly twice as much as the $35..
1 year ago

Gaming Industry Anticipates Favorable Landscape Under Trump Administration

The gambling sector expects significant gains as the new Trump government promises a business-friendly environment This view was reaffirmed during a panel discussion at Friday's National Council of Legislators from Gaming States (NCLGS) convention Republican control of Congress and Donald Trump's victory indicate a lax approach to federal..
1 year ago

November Sports Betting Handle in Delaware Triples Last Year’s Total

Delaware players placed $263 million in sports wagers in November, nearly tripling the handle reported during the same month in 2023 The state’s latest sports lottery report highlights continued growth in sports betting activity Players purchased close to 14 million tickets last month and took home $22 million in winnings The state’s net..
1 year ago

DC Sports Betting Grows with Record-Breaking November Handle

Washington DC set another sports betting record in November, with a handle of $682 million This marked the district’s highest monthly figure to date, surpassing October’s record by 36% The District of Columbia Office of Lottery and Gaming confirmed the numbers, reflecting growing interest in sports wagering Compared to November last year,..
1 year ago

Tennessee Sports Betting Sets New Records in November

Tennessee’s sports betting market saw another impressive month in November, as gross wagers hit a new record of $5986 million This figure marks a 161% increase over November 2023 and an 86% rise from the previous all-time high set in October According to data from the Tennessee Sports Wagering Council, November's handle surpassed expectations,..
1 year ago

Trump Rings NYSE Bell, Highlights Bold Plans for Cryptocurrency Leadership

As a show of his resolve to boost the American economy, President-elect Donald Trump rang the opening bell to begin Thursday's trading day at the New York Stock Exchange In an interview with Jim Cramer, host of CNBC's Mad Money, after the event, he discussed his strategic economic goals Embracing Cryptocurrency for Economic Leadership During the..
1 year ago

Australia Proposes Stricter Regulations for Crypto Industry to Tackle Financial Crimes

The bitcoin business and other high-risk industries are the focus of Australia's plan to strengthen Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) laws The Australian Transaction Reports and Analysis Center (AUSTRAC) is leading the effort to develop the proposed framework, which expands upon the AML/CTF Act's recent modifications..
1 year ago

UK Racing Sector Pushes for Reforms to Combat Falling Betting Turnover

Andrew Black, co-founder of Betfair, has issued a plea to the UK government to protect the nation’s racing sector amid a sharp drop in betting turnover Highlighting the sport’s cultural and economic significance, Black warned that the situation would deteriorate further without urgent intervention His concerns stem from the latest UK..
1 year ago

South Korea Freezes Crypto Regulations in Wake of Political Crisis

The South Korean National Assembly has decided to pause discussions on crypto-related regulations due to ongoing political turmoil The suspension comes in the aftermath of martial law and impeachment proceedings against the current president A recent report from Chosun revealed that the National Assembly has deprioritized virtual asset policies..
1 year ago

SEC Commissioner Hester Pierce Calls for Crypto Reform Under New Government Leadership

SEC Commissioner Hester Pierce has underlined the need for swift reform in the cryptocurrency industry as the US government gets ready for a change in leadership She emphasized in an interview the mounting challenges the digital asset sector has as a result of onerous government restrictions She urges a change in government policy to support the..
1 year ago

Maryland Breaks Sports Betting Records in November 2024

Maryland Lottery and Gaming has set a new benchmark in sports betting with a record-breaking handle and state contributions for November 2024 The state saw an impressive $6399 million wagered, surpassing October's record of $5931 million by 79% November’s sports betting activities generated nearly $118 million in state contributions, the..
1 year ago

Senators Urge Investigation into DraftKings and FanDuel for Potential Antitrust Violations

Concerned about possible anti-competitive behavior, two US senators have demanded an investigation into DraftKings and FanDuel On December 5, Senators Mike Lee and Peter Welch wrote to the Department of Justice (DOJ) and the Federal Trade Commission (FTC) requesting that they look into the online gambling behemoths The senators claim that the..
1 year ago

Iowa Sports Betting Sees Strong November Performance, Eyes Future Casino Project

Sports betting in Iowa posted impressive results in November, with the Iowa Racing and Gaming Commission reporting a statewide handle of nearly $3152 million This marks a 9% increase compared to November 2022, reflecting the steady growth of sports wagering in the state Revenue Growth and Online Dominance November’s sports wagering net..
1 year ago

Jetking Infotrain Becomes India’s First Public Firm to Hold Bitcoin as Treasury Asset

With a 77-year history, IT training provider Jetking Infotrain has taken a risk by embracing cryptocurrency It just became the first publicly traded company in India to use Bitcoin as a corporate treasury reserve Jetking's acquisition of 12 Bitcoin, valued at almost $12 million, represents a change in the way Indian companies perceive digital..
1 year ago

Marathon Digital Bolsters Bitcoin Holdings with $270 Million Investment

Bitcoin mining giant Marathon Digital has significantly expanded its cryptocurrency reserves, acquiring $270 million worth of Bitcoin over two days This comes on the heels of the company’s recent convertible note offering aimed at bolstering its Bitcoin position and managing existing debt Marathon’s Strategic BTC Accumulation According to..
1 year ago

Dudley Warns Bitcoin Reserve Would Increase Inflation and Add to National Debt

A former Federal Reserve leader has voiced strong opposition to the idea of establishing a Bitcoin (BTC)-backed strategic reserve Bill Dudley, ex-president of the Federal Reserve Bank of New York and former vice-chair of the Federal Open Market Committee (FOMC), argues that such a move would harm the economy Dudley Warns Against Inflation and..
1 year ago

Crypto Giants Binance and WazirX Face Tax Evasion Allegations in India

Indian tax authorities have unearthed a $991 million tax evasion scheme involving 17 cryptocurrency exchanges Nest Services Ltd, linked to Binance Group, is the primary culprit, allegedly evading $868 million in GST payments The crackdown has led to the recovery of $147 million in taxes, penalties, and interest, with investigations still in..
1 year ago