Growth in Africa, Europe and North America drives Super Group to 30 per cent second quarter lift
Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, saw revenue increase by 30 per cent to $579.4m for the second quarter of 2025 from $446.5m in the same period of the prior year.
This was driven by growth from the Africa, Europe and North America markets, partially offset by declines from the LATAM, Middle East and Asia-Pacific markets.
Neal Menashe, Chief Executive Officer of Super Group, commented: “We had a Super first half of 2025, driven by a record-breaking second quarter. The quarter’s success was fueled by strong execution across our key markets, a full calendar of global sporting events, increased deposits, high customer retention, and margin expansion. While our decision to exit the US was difficult, we believe that this step demonstrates our commitment to capital efficiency and long-term profitability. With continued focus on scaling our technology globally, Super Group should be even better positioned for sustained, profitable growth.”
Alinda van Wyk, Chief Financial Officer of Super Group, stated: “Q2 marked the strongest quarterly financial performance in Super Group’s history, with revenue up 30 per cent year-over-year and Adjusted EBITDA up 78 per cent year-over-year to $157m, delivering a healthy 27 per cent margin. These results underscore our scalable, cost-efficient operating model and controlled marketing spend. We ended the quarter with $393m in unrestricted cash and zero debt, and returned $20m to shareholders, bringing our 12-month capital returns to $166m. Driven by our continued focus on core markets, we are raising our full-year Adjusted EBITDA guidance and remain confident in delivering long-term value to our shareholders.”
