FanDuel is elevating its commitment to responsible gaming by partnering with Operation HOPE, a non-profit focused on financial education and empowerment. Since 1992, Operation HOPE has been instrumental in providing economic opportunities and facilitating significant life changes like transitioning from renting to homeownership.
Recognizing the impact of financial literacy on responsible spending, FanDuel’s president, Christian Genetski, emphasizes the importance of this foundation in managing gambling expenditures. This partnership will introduce free financial counseling in Massachusetts, aimed at enhancing personal financial literacy and promoting safe gambling practices.
Enhancing Financial Literacy in Massachusetts
This initiative reflects FanDuel’s awareness of its role in handling significant financial transactions. The collaboration will allow Massachusetts residents to access free, expert financial counseling. Genetski asserts FanDuel’s dedication to community contribution, viewing financial literacy support as an extension of their responsible gaming efforts.
Launching ‘HOPE Inside’ in Massachusetts
Operation HOPE’s ‘HOPE Inside’ program will be a key component, providing Bay Staters with access to Financial Wellbeing Coaches. These coaches will deliver virtual and in-person sessions on financial health, aiming to build a stable and secure financial future for individuals. They will offer guidance on improving credit scores, reducing debt, and managing entertainment spending.
Brian Betts, President & CFO of Operation HOPE, highlights the program’s role in empowering clients to make informed financial decisions, ultimately enhancing their quality of life.
Additionally, FanDuel and Operation HOPE will launch a joint financial literacy campaign, using various mediums to promote the availability of the HOPE Inside program in Massachusetts. This campaign, aiming for a national reach, will include digital, radio, and social media advertising.
In another philanthropic effort, FanDuel recently donated $1 million to the United Negro College Fund (UNCF), supporting students in Ohio’s Historically Black Colleges and Universities (HBCUs). This follows their previous contributions to UNCF students in Virginia and Maryland.
Overall, these initiatives showcase FanDuel’s commitment to responsible gambling and community support, underlining the importance of financial literacy and education in fostering safer gambling environments.