Donation timed to celebrate one year
anniversary of mobile sports betting launch in
Ohio
NEW
YORK, Jan. 22, 2024 /PRNewswire/ -- FanDuel,
North America's premier online
gaming company, today announced a $1
million donation supporting the UNCF (United Negro College
Fund) whose mission is to build a robust and nationally recognized
pipeline of under-represented students who, because of UNCF
support, become highly qualified college graduates. The donation
will financially support students at 10 Historically Black Colleges
and Universities (HBCUs) across Ohio. FanDuel's latest donation is the third
in three years, as the company has also helped to support UNCF's
efforts in Virginia and
Maryland. This latest support is
timed to celebrate the one-year anniversary of the launch of mobile
sports betting in Ohio.
Through the donation, UNCF will provide direct aid to help
students in a variety of areas, including technology, housing, food
security, tuition and other education-related expenses. As part of
the partnership, FanDuel will also work with UNCF to recruit
students from the schools to join its internship program at one of
the company's U.S. offices.
"We're always looking for ways to make a positive impact in the
communities in which we operate our sportsbook," said Christian Genetski, President, FanDuel. "As we
reflect on our first year of operation in Ohio, we're proud to continue our partnership
with UNCF to support the HBCU community in the state and look
forward to supporting hard-working students at institutions across
Ohio."
The 10 institutions in Ohio
impacted by the donation include Case Western
University, Central State
University, Chamberlain University, Franklin University, Herzing University-Akron,
Ohio State University-Newark Campus,
Union Institute & University,
Ursuline College, Wilberforce University and University of Cincinnati-Blue Ash College.
"We truly appreciate the ongoing support from FanDuel, as
financial and academic supports like this help make a real
difference for HBCUs and their students," said Maurice E. Jenkins, Jr., executive vice
president and chief fundraising officer, UNCF. "We look forward to
continuing our partnership; students benefit so much from
internship opportunities."
This marks the third donation from FanDuel to the UNCF. The
first donation came in February 2021
when FanDuel Group and the Washington Commanders made a
$1 million donation to UNCF to
support students at Virginia's
five HBCUs, and the second came in December
2022 when FanDuel Group donated an additional $1 million to support Maryland's four HBCUs.
About FanDuel Group
FanDuel Group is an innovative sports-tech entertainment company
that is changing the way consumers engage with their favorite
sports, teams, and leagues. The premier mobile gaming destination
in the United States, FanDuel
Group consists of a portfolio of leading brands across sports
betting, iGaming, horse racing, advance-deposit
wagering, daily fantasy sports. In addition, FanDuel Group operates
FanDuel TV, its broadly distributed linear cable television network
and FanDuel TV+, its leading direct-to-consumer OTT platform.
FanDuel Group has a presence across all 50 states with
approximately 17 million customers and 25 retail locations. The
company is based in New York with
offices in Los Angeles,
Atlanta and Jersey City, as well as in Canada, Scotland, Ireland, Portugal, Romania and Australia. FanDuel Group is a subsidiary of
Flutter Entertainment plc, (LSE: FLTR) the world's largest sports
betting and gaming operator with a portfolio of
globally recognized brands.
About UNCF
UNCF (United Negro College Fund) is the nation's largest and
most effective minority education organization. During its
80-year existence, UNCF has raised more than $6 billion and helped more than 500,000
students not just attend college, but thrive, graduate and become
leaders. To serve youth, the community and the nation, UNCF
supports students' education and development through
scholarships and other programs, supports and strengthens its 37
member colleges and universities, and advocates for the
importance of minority education and
college readiness. While totaling only 3% of all colleges
and universities, UNCF institutions and other historically Black
colleges and universities are highly effective, awarding 15% of
bachelor's degrees, 5% of master's degrees, 10% of doctoral degrees
and 19% of all STEM degrees earned by Black students in higher
education. UNCF administers more than 400 programs,
including scholarship, internship and fellowship, mentoring, summer
enrichment, and curriculum and faculty development programs.
Today, UNCF supports more than 50,000 students at over 1,100
colleges and universities across the country. Its logo features the
UNCF torch of leadership in education and its widely
recognized trademark, ‟A mind is a terrible thing to
waste."® Learn more at UNCF.org or
for continuous updates and news, follow UNCF on Twitter
at @UNCF.
Media Contacts:
FanDuel Group
/ press@fanduel.com
UNCF / Roy Betts / roy.betts@uncf.org
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SOURCE FanDuel Group