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

Maryland Sports Betting Achieves Record Contributions and Handles in August

Sports betting data for August has been made public by the Maryland Lottery and Gaming, and it shows remarkable increase Last month, the state received contributions from sports betting totaling around $56 million, more than doubling from the year before This spike indicates a considerable increase in both revenue and participation In August, a..
2 years ago

North Carolina Sports Betting Reaches New Heights in August

August saw a sharp increase in sports betting activity in North Carolina carrying their good numbers from the last month Bets made by players topped $3704 million, a substantial rise of about $30 million over the previous month This uptick demonstrates the increasing support for sports betting that is legal and has been accessible throughout the..
2 years ago

Standard Chartered Introduces Digital Asset Custody Service in UAE

Standard Chartered has launched its new digital asset custody service in the United Arab Emirates (UAE), marking a significant step in the bank's digital asset strategy Licensed by the Dubai Financial Services Authority (DFSA), the service provides secure storage for digital assets, starting with bitcoin and ethereum The launch took place at the..
2 years ago

FTX Resolves Robinhood Share Conflict with Emergent Agreement

A settlement has been reached between FTX and Emergent Fidelity Technologies regarding the ownership dispute of $600 million worth of shares in Robinhood Sam Bankman-Fried co-founded Emergent, which was in odds with FTX over the 55 million Robinhood shares that the US Justice Department seized after FTX failed in 2022 FTX will reimburse..
2 years ago

Worldcoin Under Investigation in Singapore for Money Laundering Concerns

The controversial cryptocurrency project, Worldcoin, has attracted attention in Singapore, where authorities are investigating its potential involvement in illicit activities, including money laundering and terrorism financing The Monetary Authority of Singapore (MAS) and police are focusing on individuals allegedly engaged in unauthorized sales..
2 years ago

Metaplanet Increases Bitcoin Holdings to Nearly 400 BTC

Tokyo-listed investment company Metaplanet has added ¥300 million ($2 million) in new Bitcoin as part of its ongoing aggressive acquisition strategy The corporation acquired more than 384 BTC, bringing its total holdings of Bitcoin to over 3988 BTC, which, at current market values, is estimated to be worth $227 million, according to a filing made..
2 years ago

Sporttrade Secures Virginia Sports Betting License and Plans October Launch

Sporttrade has recently received approval for a sports betting license in Virginia, marking its fifth entry into the US market Though the announcement comes just before the NFL season kicks off, Sporttrade aims to commence operations in Virginia by October This move represents a significant step for the company, tapping into a vital sports betting..
2 years ago

Circa Sports Sets Record with $20.3 Million Prize Pool for NFL Contests

The revelation by Circa Sports that it will be sponsoring an NFL game this season with a record-breaking $203 million prize pool is creating waves in the sports betting community Both the Circa Survivor and Circa Million VI competitions have exceeded projections, showing a notable rise over the previous year's numbers At first, the downtown..
2 years ago

Grainne Hurst Appointed New CEO of Betting and Gaming Council

Grainne Hurst has been named the new Chief Executive Officer of the Betting and Gaming Council (BGC) Michael Dugher gives way to Hurst, who was previously Group Corporate Affairs Director at Entain After the BGC recently changed its leadership, Dugher assumed the position of Chairman Hurst’s Extensive Experience Grainne Hurst has worked in the..
2 years ago

Aryna Sabalenka’s Practice Game Bets Cost Her Big

Aryna Sabalenka has claimed her third Grand Slam title by winning the US Open, solidifying her status as one of the top-ranked tennis players This marks her fourth consecutive year reaching the final, showcasing her consistent dominance on the court Sabalenka’s Unconventional Practice Betting While her triumph in the tournament is impressive,..
2 years ago

Bet365 Fined in New Jersey for Betting Violations

Leading iGaming and sports betting operator bet365 has been hit with a $33,000 fine in New Jersey The penalty follows accusations that the company accepted wagers on already concluded events, violating state regulations Bet365 operates in partnership with the Hard Rock Hotel & Casino in Atlantic City Replay Mishap Leads to Regulatory..
2 years ago

Kraken Urges Clearer Crypto Regulations in Australia After Margin Trading Ruling

Kraken is requesting more specific cryptocurrency laws in Australia in the wake of a Federal Court ruling that determined a part of its margin extension product was illegal in the region Kraken is pushing for a more transparent regulatory environment to benefit investors and businesses in the Australian cryptocurrency industry as a result of the..
2 years ago

Missouri Sports Betting to Appear on November Ballot After Court Ruling

This November, Missourians will have the opportunity to cast a ballot on legalizing sports betting following the dismissal by a court of a lawsuit intended to stop the proposal The ruling by Judge Daniel Green guarantees the validity of the ballot initiative, which would allow for legal sports betting in the state Next year could see the launch..
2 years ago

Boyd Gaming Opens Modern Sportsbook at Suncoast Hotel & Casino

Boyd Gaming Corporation has unveiled its newly built sportsbook at Suncoast Hotel & Casino in west Las Vegas This state-of-the-art venue marks a significant milestone in the property's ongoing renovation and opened just in time for the highly anticipated football season The sportsbook, replacing the former Suncoast Showroom, features an..
2 years ago

Fanatics Launches New Sportsbook at Ocean Casino Resort in Atlantic City

Fanatics Sportsbook has partnered with Ocean Casino Resort to open a brand-new retail sportsbook location in Atlantic City This state-of-the-art facility is situated inside The Gallery, a 12,000-square-foot space that blends gaming with a high-end bar experience, serving as the heart of the casino Bill Callahan, General Manager of Ocean Casino..
2 years ago

Mastercard and Mercuryo Collaborate to Launch Crypto Debit Card

Mastercard is partnering with European payments company Mercuryo to introduce a new crypto debit card, called Spend This initiative aims to simplify the process of spending digital assets directly from non-custodial wallets, making it easier for cryptocurrency holders to manage their funds Mercuryo’s new crypto debit card, Spend, will allow..
2 years ago

UK Crypto Firms Face High Rejection Rates in FCA Licensing Process

The UK's Financial Conduct Authority (FCA) reported that an overwhelming 87% of crypto companies failed to secure approval for licensing under the country's money laundering regulations during the last fiscal year According to the FCA’s annual report, only four out of the 35 applicants received a license between April 2022 and March 2023 Low..
2 years ago

El Salvador’s Bitcoin Adoption Yet to Make ‘Significant Impact,’ GAFILAT Reports

El Salvador's compliance with international anti-money laundering laws was evaluated in a study that was just published by the Financial Task Force of Latin America (GAFILAT) The study found that despite bitcoin becoming legal tender in 2021, the nation's financial system has not been significantly impacted by cryptocurrencies El Salvador's use..
2 years ago

Fed Orders United Texas Bank to Halt Crypto Dealings Due to Risk Management Issues

The United States Federal Reserve has ordered United Texas Bank to cease certain operations, citing significant issues in its handling of cryptocurrency clients and risk management practices This action comes after a May review, where the Fed identified weaknesses in the bank’s governance and oversight In its September 4 cease-and-desist..
2 years ago

Ohio Sports Betting Revenue Sees Notable Growth in July

The Ohio Casino Control Commission's July sports gaming revenue report, which was made public, shows that the Buckeye State is doing well The sports betting market in Ohio brought in about $551 million during the course of the month Compared to July 2023, when sales was $512 million, a surge of more than $4 million year over year, this represents..
2 years ago
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