Super Group, the parent company of Betway and Spin, has raised its 2025 revenue and EBITDA outlook.
The company now expects total revenue to reach between $2.125bn and $2.2bn, with over $40m coming from the US and $2.085bn–$2.16bn from other markets.
CEO Neal Menashe said:
“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.”
Super Group now expects full-year adjusted EBITDA to come in between $550m and $560m, with $25m of that from the US.
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.”
The company noted that so far, third-quarter results have been stronger than expected, thanks to strong sports results, pricing improvements, and steady customer engagement.
