Super Group ups Q3 guidance to between $2.125bn and $2.2bn
Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, anticipates delivering another quarter of strong financial and operational performance in Q3 2025, outperforming prior expectations despite what is usually a softer seasonal period.
Group revenue is now expected to be between $2.125bn and $2.2bn vs. prior guidance of greater than $2.04bn.
Continued momentum in sports betting, supported by optimised pricing and more efficient trading, was complemented by consistent engagement in casino and improving operational leverage across the Group’s core international markets.
This continued momentum reinforces confidence in the full-year outlook, and as a result, Super Group is raising its full-year Ex-US revenue and Ex-US Adjusted EBITDA guidance, which underscores the Group’s belief in the scalability of the business and the strength of the Group’s brand-led, data-driven model.
Group Adjusted EBITDA is now expected to be between $550m to $560m vs. prior guidance of $470m to $480m.
Neal Menashe, Chief Executive Officer, commented: “Our performance through the third quarter continues to demonstrate the resilience of our model and the strength of our execution. We’re seeing strong contributions from both sports and casino, deeper customer engagement, and continued margin improvement across key markets. As a result, we’re pleased to raise our full-year outlook and remain confident in our ability to deliver for our shareholders.”
Alinda van Wyk, Chief Financial Officer, noted: “The consistency of our financial performance this quarter gives us confidence in our ability to drive both top-line and margin expansion. With cost ratios improving and our product-led strategy gaining traction, we remain focused on disciplined execution and long-term value creation.”
