Super Group up 18 per cent in its first quarter with revenue reaching an all-time high

Betting giant reaches record levels of monthly active customers, deposits, and wagering

Super Group, the parent company of Betway, generated first-quarter revenues of $612m, up 18 per cent, driven by growth from Africa, Europe, Americas (mainly Canada), and the Rest of World, ensuring a record-breaking start to the year for Super Group, with all-time highs in revenue, monthly active customers, deposits, and wagering.

Neal Menashe, Chief Executive Officer of Super Group, commented: “Our performance reflects the strength of our strategy, the power of our brands, and the discipline of our team. Africa delivered another excellent quarter, while our International segment continued to gain traction. We also strengthened our leadership team with key appointments, reinforcing our commitment to operational excellence and accelerated growth. With a highly stable casino business, fortified sports trading capabilities ahead of the World Cup, and strong momentum across regions, we believe that Super Group is well positioned for the remainder of 2026.”

Alinda van Wyk, Chief Financial Officer of Super Group, stated: “Our first quarter demonstrates both the robustness and scalability of our business model. Revenue hit a new high of $612m, marking an 18 per cent increase compared to the same period last year. Adjusted EBITDA experienced a 36 per cent rise, reaching $152m and pushing our margin to 25 per cent. The number of average monthly active customers also set a record at 6.4m, representing an 18 per cent year-over-year growth. Our balance sheet remains resilient, concluding the quarter with $422m in cash. This strong cash position was achieved even after distributing $152m to shareholders during the quarter. We are reaffirming our guidance for the full year 2026, targeting a minimum total revenue of $2.55bn and Adjusted EBITDA exceeding $680m. These projections are supported by our conviction in the sustainability of our business, effective execution across various regions, and the operating leverage inherent in our operations.”