Industry News
FanDuel Makes Third $1M Donation to UNCF to Support Students from Ohio HBCUs
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FanDuel, North America’s premier online gaming company, announced a $1 million donation supporting the UNCF (United Negro College Fund) whose mission is to build a robust and nationally recognised 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 programme 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. 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,” Christian Genetski, President of FanDuel, said.
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. We look forward to continuing our partnership; students benefit so much from internship opportunities,” Maurice E. Jenkins, Jr., executive vice president and chief fundraising officer of UNCF, said.
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.
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
Industry News
Super Group Appoints Merrick Wolman to its Board of Directors
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Super Group has appointed Merrick Wolman to its Board of Directors, effective from February 18, 2025.
Mr. Wolman is the Chief Executive Officer of a global finance company and has worked closely with the Super Group executive team for over two decades.
Neal Menashe, Chief Executive Officer of Super Group, said: “We are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.”
This appointment brings the total directors on Super Group’s board to nine, including five independent directors.
The post Super Group Appoints Merrick Wolman to its Board of Directors appeared first on European Gaming Industry News.
Industry News
Kindred Reports Decline in Revenue from High-risk Players for Q4 2024
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Kindred Group has reported decline in its share of revenue from high-risk players for the fourth quarter 2024 at 2.7% (Q3 2024 3.2%). The percentage of detected customers who exhibited improved behaviour after interventions showed an improvement at 92.2% (compared to 87.3% in Q3 2024). This positive trend is mainly the result of stricter measures across key markets, improved internal processes, as well as the exit from non-locally licensed markets as part of to the acquisition by La Française des Jeux (FDJ) in October 2024. This shift reflects Kindred’s broader commitment to maintaining high regulatory standards and fostering safer gambling practices.
“It is pleasing to see the decline in high-risk revenue during the fourth quarter of last year. We know that the share fluctuates between quarters, but the long-term trend is showing a steady decline. We remain dedicated and focused on improving our systems and processes to ensure we offer our customers a safe and fun experience,” Esther Scheepers, Head of Responsible Gambling at Kindred Group, said.
“The increased focus on responsible gambling by regulators and the industry is welcomed. From our end, we see that by combining our expertise with emerging technologies, we can further enhance detection capabilities. We are currently working on our existing detection system in combination with an additional system that will enable us to integrate more robust compliance features and optimize our overall approach to safer gambling. Furthermore, we are exploring opportunities to expand our research efforts, aiming to support data-driven discussions and looking at emerging trends in consumer protection. All these aspects are important to protect the integrity of the licence model and maintain a level playing field,” Esther Scheepers added.
The post Kindred Reports Decline in Revenue from High-risk Players for Q4 2024 appeared first on European Gaming Industry News.
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