Its donation will go towards supporting students from Maryland’s four historically black colleges.
These colleges include Morgan State University, Bowie State University, Coppin State University and the University of Maryland-Eastern Shore.
Donations will be put forward to support students in areas such as technology, housing, food security, tuition, and other education-related expenses.
Furthermore, FanDuel will create a track for students from all four colleges to join an annual summer internship programme at the company’s New York headquarters.
This latest FanDuel donation follows an initial $1m contributed to UNCF in February 2021, when the operator supported the fund alongside the Washington Football team.
Last year’s donation was used to support students enrolled at Virginia’s five colleges and helped provide critical support to students affected by the Covid-19 pandemic.
FanDuel’s latest donation was made during a cheque presentation in the FanDuel Sportsbook at Live! Casino & Hotel in Hanover, Maryland.
At the ceremony were former NFL wide receiver Santana Moss, alongside UNCF Interim Senior Director, Terri Neal, FanDuel Group Director of Strategic Partnerships, Javon Coney, Maryland State Delegate, Jheanelle Wilkins and FanDuel Group President, Christian Genetski.
Genetski said: "FanDuel is delighted to be able to legally offer our sportsbook platform here in Maryland.
"More importantly, we're proud to partner with UNCF once again in support of Maryland's HBCU community. Our goal is that these funds help make a difference in the lives of hard-working students while also creating a track for some to join us at FanDuel as part of our summer intern programme."