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

Kennedy Jr. Exits Presidential Race, Joins Trump’s Crypto Push

Robert Kennedy Jr on Friday announced his withdrawal from the US presidential race, choosing instead to endorse Republican nominee Donald Trump In a public address, Kennedy explained that his decision was driven by a desire to protect the next generation of Americans Kennedy shared his thoughts on why he chose to support Trump, stating, “I..
2 years ago

Australian Federal Court Rules Against Kraken Operator for Breaching Corporations Act

Bit Trade Pty Ltd, the company running Australia's Kraken cryptocurrency exchange, has been found to have broken a crucial clause in the Corporations Act by the Federal Court of Australia The Australian Securities and Investments Commission (ASIC) filed the lawsuit, which charged Bit Trade with not adhering to the rules governing financial..
2 years ago

Pennsylvania Cracks Down on Illegal Betting on Little League World Series

Pennsylvania, a state with strict regulations on sports betting, permits wagers on professional and collegiate sports However, betting on high school and amateur athletic events is generally prohibited Exceptions are only made for tournaments with special approval from the Pennsylvania Gaming Control Board (PGCB) The Little League World Series..
2 years ago

Research Reveals Online Sports Betting’s Negative Impact on Low-Income Households

The expansion of online sports betting has brought significant financial changes across the US After the Supreme Court overturned a federal ban in 2018, online sports gambling surged in popularity Today, legal sports betting operates in 38 states, generating over $120 billion in bets and $11 billion in revenue for 2023 alone However, a recent..
2 years ago

Boston Court Rules Against DraftKings’ Motion to Dismiss Class Action Lawsuit

A Boston court denied DraftKings' request to have the Public Health Advocacy Institute (PHAI) class action case dismissed on August 21 The case can now proceed as a result of the court's ruling; the next hearing is set for December 10, 2024 DraftKings is accused in the December 2023 complaint by PHAI of using “unfair and deceptive marketing..
2 years ago

NFL Introduces Integrity Representatives to Strengthen Gambling Policy Enforcement

Following a series of suspensions for gambling policy breaches, the NFL is taking significant steps to reinforce its regulations this season To enhance oversight and compliance, the league will assign an Integrity Representative to each team This move aims to address the growing concern over gambling-related violations and maintain the integrity..
2 years ago

Michelle Bond Accused of Campaign Finance Violations Linked to Crypto Funds

There are claims that Michelle Bond, a former candidate for Congress and the partner of former FTX executive Ryan Salame, broke campaign funding regulations in the United States Bond is alleged to have used illegal funds to support her unsuccessful 2022 House race in New York, according to an indictment that was recently made public According..
2 years ago

CluCoin Founder Admits to Embezzling Over $1 Million for Online Gambling

Austin CluCoin, a cryptocurrency project based in Miami, was founded by Michael Taylor, who has admitted to stealing more than $1 million from investors The forty-year-old Maryland resident fed his addiction to online cryptocurrency casinos with the pilfered money In court filings submitted to a Florida court last week, Taylor acknowledged..
2 years ago

MGC Halts Betting on IBA-Sanctioned Events During Controversies

The Massachusetts Gaming Commission (MGC) has decided to suspend betting on all events sanctioned by the International Boxing Association (IBA) This move follows several years of controversy surrounding the IBA, especially under the leadership of Umar Kremlev Kremlev’s tenure has been marked by allegations of fraud, lack of transparency, and,..
2 years ago

NFLPA Sues DraftKings Over NFT Licensing Dispute

The NFL Players Association (NFLPA) is currently in a legal battle with DraftKings, alleging a breach of contract concerning intellectual property rights This dispute revolves around the use of NFL players' likenesses for NFTs (non-fungible tokens) designed for fantasy sports contests The NFLPA has filed a lawsuit against DraftKings, claiming..
2 years ago

Brazil’s Regulated Sports Betting Market Sees Surge in License Applications

An astounding number of applications were submitted in the last day, suggesting that Brazil is getting closer to opening up a regulated online sports betting market More than fifty new businesses applied for licenses on August 20, the deadline for submissions, bringing the total number of applicants to 113 113 businesses submitted applications..
2 years ago

Bitwise CIO Highlights Record-Breaking Institutional Surge in Bitcoin ETFs

Due to a notable increase in institutional interest as well as the enthusiasm of regular investors, Bitcoin ETFs are breaking all previous records for fastest-growing ETFs in history Bitwise CIO Matt Hougan claims that, in contrast to common opinion, institutional investors are a major factor in the quick uptake of Bitcoin ETFs Bitcoin ETFs..
2 years ago

U.S. Election Spending Dominated by Crypto, Raising Concerns Over Consumer Protection

The crypto industry has emerged as the dominant force in federal election spending, pouring over $119 million into the 2024 US elections According to a report by Public Citizen, a non-profit organization, nearly half of all corporate contributions in this election cycle have come from crypto-related entities, totaling $248 million This..
2 years ago

Kamala Harris Signals Support for Crypto Industry Growth, Says Top Campaign Advisor

Brian Nelson, Kamala Harris's senior policy advisor, said the Democratic presidential contender will support laws that encourage the growth of the cryptocurrency sector During the Democratic National Convention in Chicago, Nelson spoke in a discussion hosted by Bloomberg and emphasized Harris' dedication to promoting innovation in cutting-edge..
2 years ago

VanEck’s Matthew Sigel Sees Bitcoin Surge Ahead, Firm Accumulates BTC – Here’s What’s Driving It

VanEck, a prominent financial giant, has been accumulating Bitcoin (BTC) amidst recent market activity, according to Matthew Sigel, the firm’s head of digital assets research Sigel explained that the market has witnessed significant selling pressure from several key sources, which have contributed to a temporary dip in Bitcoin’s price Major..
2 years ago

Hong Kong Lawmaker Calls for Legal Framework to Regulate DAOs

In an effort to improve the Web3 investment climate in the area, Hong Kong lawmaker Johnny Ng Kit-chong is advocating for a legislative framework to control decentralized autonomous organizations (DAOs) Ng stressed the need for clear laws to draw more talent and capital to Hong Kong's expanding Web3 sector, citing a recent decision from the High..
2 years ago

Nebraska’s Online Sports Betting Efforts Stalled, Misses Key Opportunity

As the new National Football League season approaches, Nebraska faced a pivotal moment regarding the potential legalization of online sports betting The proposed legislation would have allowed residents to place bets via dedicated apps and mobile devices without needing to visit one of the four existing physical sportsbooks However, the effort..
2 years ago

New Study Highlights Negative Impact of Legal Sports Betting on Lower-Income Households

Concerns on how legal sports betting will affect households who are already struggling financially have been rekindled by a recent academic study This study, written by specialists from Northwestern University, Brigham Young University, and the University of Kansas, was published on July 9 and explores the financial effects of sports betting since..
2 years ago

Binance Faces New Class Action Lawsuit Over Alleged Money Laundering Role

Binance, the world’s leading cryptocurrency exchange, and its former CEO Changpeng Zhao (CZ) are under scrutiny again A new class action lawsuit, filed on August 16 in the US District Court for the Western District of Washington, Seattle, accuses the exchange of failing to prevent money laundering The plaintiffs, three cryptocurrency investors,..
2 years ago

Nigeria Prepares to License Virtual Asset Providers In Growing Crypto Adoption

Nigeria's Securities and Exchange Commission (SEC) is taking significant steps to regulate the rapidly growing virtual asset market With cryptocurrency adoption surging in the West African nation, the SEC plans to begin licensing issuers of virtual assets, including cryptocurrencies, as early as this month, according to Director-General Emomotimi..
2 years ago
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