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


Illinois Senate Approves FY 2025 Budget with Sports Betting Tax Hike

The Illinois Senate has approved the FY 2025 budget, which includes a significant sports betting tax hike The budget passed with a 38-21 vote, and it will now head to the House for consideration on Tuesday before reaching the governor's desk This new budget nearly triples the tax rate for the largest sports betting operators in the state, such..
2 years ago

Juventus Announces Partnership with Instant Casino in Europe

Iconic Italian football club Juventus has unveiled a new collaboration with the online gaming site Instant Casino as its regional partner in Europe This partnership promises a unique blend of entertainment and exclusive rewards for Juventus fans and Instant Casino players alike Juventus and Instant Casino aim to deliver an exceptional sports..
2 years ago

Massachusetts Senate Rejects Proposal to Raise Online Sports Betting Tax

The Massachusetts Senate on Thursday dismissed a proposal to increase the tax rate on online sports betting, opting to maintain the current 20% levy Democratic Sen John Keenan advocated for a significant hike, proposing a 51% tax rate on online sports betting revenue This change would have made Massachusetts one of the most expensive states for..
2 years ago

Delaware Representative Proposes Opening State to Multiple Sports Betting Operators

State Rep Frank Cooke (D-New Castle) has introduced a new bill aimed at transforming Delaware’s sports betting landscape The legislation seeks to permit multiple sports betting vendors, breaking away from the current exclusive contract with the BetRivers app In August 2023, the Delaware Lottery Office signed an exclusive contract with..
2 years ago

Cristiano Ronaldo’s Fourth NFT Collection to Launch on Binance

Football legend Cristiano Ronaldo is set to release his fourth NFT collection on Binance’s NFT Marketplace This highly anticipated drop is scheduled for May 29 at 08:00 UTC It will feature digital artworks and memorabilia that celebrate key moments from Ronaldo’s storied career, including his iconic goals and landmark events The Cristiano..
2 years ago

Jack Mallers Foresees Bitcoin Reaching $1M: ‘We’re in the Early Stages’

In a recent YouTube podcast with Anthony Pompliano, Jack Mallers reaffirmed his bold prediction that Bitcoin could reach $1 million per coin in the current market cycle He stated, “We’re still so early in the Bitcoin story I think Bitcoin will hit $250,000 to $1 million in this cycle” Mallers highlighted several factors that could propel..
2 years ago

Trump Advocates for Silk Road Convict’s Release, Champions US Crypto Growth

After being found guilty of running the Silk Road and receiving a life sentence in 2015, Ross Ulbricht is still behind bars for his role in enabling the purchase of illegal narcotics and hacking equipment between 2011 and 2013 using Bitcoin and other virtual currencies Ulbricht, who is currently serving a life sentence, has garnered a lot of..
2 years ago

Betr Eyes Expansion with Maryland Sports Betting License Approval

Betr, the online sports betting platform co-founded by Jake Paul and Joey Levy, has received initial approval for a sports betting license from the Maryland Lottery The company must still gain approval from the state's Sports Wagering Application Review Commission and one final nod from the Lottery before launching in Maryland The exact launch..
2 years ago

FA Charges West Ham’s Paqueta for Betting Infractions

A well-known Brazilian footballer has been charged by the Football Association (FA) for suspected misbehavior during many Premier League games from November 2022 to August 2023 Paqueta, the player in question, is charged with intentionally requesting yellow cards from officials in an effort to rig match results According to the FA, the purpose..
2 years ago

Mississippi Sports Betting Sees April Dip

A handle of about $343 million was revealed in the sports betting figures for April released by the Mississippi Gaming Commission Comparing this number to the March results, there has been an 18% decrease With close to $21 million wagered, basketball was the most popular sport in Northern Mississippi when it came to betting Baseball and parlays..
2 years ago

Former Bitmex CEO Arthur Hayes Predicts $1 Million Bitcoin with Weak Yen Resolution

Bitcoin's price is increasingly influenced by global geopolitical and economic factors Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, foresees significant implications for Bitcoin if the US addresses the current weak yen issue In his latest newsletter, "The Easy Button," Hayes emphasizes the crucial role of the exchange rate..
2 years ago

Binance US Reclaims Florida License After Successful Appeal

Following a positive decision from the Florida First District Court of Appeal, Binance US has successfully reclaimed its money-services business license in the state of Florida The emergency suspension order issued by the Office of Financial Regulation (OFR) that had previously put a stop to Binance's activities in the state was reversed by this..
2 years ago

CBDC Anti-Surveillance Act Clears U.S. House Vote

On May 23, the US House of Representatives passed the Republican-led CBDC Anti-Surveillance State Act (HR5403) This legislation aims to prohibit the Federal Reserve from creating or launching a government-backed digital currency Republican Majority Whip Tom Emmer introduced the bill, emphasizing the potential dangers to Americans' monetary..
2 years ago

Sam Bankman-Fried Set To Relocate To a New Prision

Sam Bankman-Fried, the embattled founder of FTX cryptocurrency exchange, is slated for a move to a new correctional facility, as reported by The Wall Street Journal Bankman-Fried's spokesperson has confirmed the impending move, although specifics regarding the new location remain undisclosed Sources close to the matter suggest a likely transfer..
2 years ago

German Parliament Committee Votes Against Ban on Gambling Company Sports Sponsorship

At a public meeting of the sports committee of the German Bundestag, a proposed ban on sports sponsorship in Germany was turned down Experts argued that sponsorships play a crucial role in funding German sports Inka Müller-Schmäh, managing director of the Association of Sports Sponsorship Providers, stressed the importance of maintaining a..
2 years ago

Brazil Tightens Regulations on Sports Betting Platforms

The Finance Ministry announced new rules for sports betting platforms, mandating corporate offices in Brazil by December 31, 2024 Platforms must establish customer service channels in Brazil and implement anti-money laundering policies Currently operating outside Brazil, platforms must adhere to the new guidelines, despite sponsoring Brazilian..
2 years ago

North Carolina’s Sports Betting Breaks Records with $1 Billion in Bets

The most recent report from the North Carolina State Lottery Commission shows that the state's decision to authorize sports betting was a wise one North Carolinians wagered $648,934,226 on a variety of sporting events in a single month, from April 1 to April 30 The income from paid wagers as well as promotional wagers from authorized..
2 years ago

Donald Trump Campaign Embraces Cryptocurrency Donations for 2024 Election

As the 2024 US presidential election approaches, Donald Trump's campaign is now accepting donations in various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), XRP, and others This move underscores the campaign's appeal to crypto enthusiasts and marks a stark contrast to the Democrats' stance on digital assets In a..
2 years ago

Uniswap Labs Challenges SEC Wells Notice

A thorough response to the Wells Notice that was received from the US Securities and Exchange Commission (SEC) has been released by the software business Uniswap Labs, which is situated in New York Due to the fact that the Uniswap Protocol is a decentralized automated market maker (AMM) and does not operate as an exchange, broker, or clearing..
2 years ago

FIT21 Bill Clears U.S. House, Paving Way for Digital Asset Rules

The recent approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) by the US House of Representatives marks a pivotal moment for the cryptocurrency market This legislation aims to establish a clear regulatory framework for digital assets, potentially boosting market confidence and innovation The FIT21 Act, crafted..
2 years ago