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Industry
December 21, 2023
John Collins Resigns from Super Group’s Board to Focus on NHL Investments
Super Group (SGHC) Limited, a leading betting and gaming company, has recently announced the resignation of John Collins from its Board of Directors, effective 31 December 2023. Collins’s decision to step down relates to his investment in a National Hockey League (NHL) team. However, Super Group stressed that the two parties did not have any […]
Business
November 10, 2023
Super Group’s Third Quarter Revenue Increases by 16% to $381M
Super Group, the parent company of the multi-brand online casino, Spin, and the leading online sports betting and gaming operator, Betway, released Thursday its latest financial report. The company posted an increase in operational EBITDA, as well as revenue for the third quarter of this year or the three months ended September 30, 2023. Overall, […]
Business
October 2, 2023
Super Group Exits India Following the Introduction of New Regulations
Super Group, a holding company for leading global online sports betting and gaming businesses, has announced its departure from the Indian market. The announcement comes in the wake of the introduction of amendments to the Indian Goods and Services Tax. Into power as of October 1, these changes would cause trouble for the group, making […]
Business
August 18, 2023
Super Group Posts Strong Second Quarter of 2023 Results
The leading gaming and entertainment company, which is also the parent of the famous iGaming and sports betting operator, Betway, Super Group, released its consolidated financial results for the second quarter of 2023. The new financial report released Thursday revealed details regarding the company’s performance for the three months ended June 30, 2023. The recent […]
Business
June 27, 2023
Super Group Was Added to the Russell 2000 Index
Super Group (SGHC), the gambling company behind the online gambling and sports betting operator Betway, and Spin, a multi-brand online casino, announced that it has been added to the Russell 2000 Index. This is an important milestone for the company that will improve its profile, its leadership believes. The Russell 2000 Index is a stock […]
Business
May 24, 2023
Super Group Posts Stable Q1 2023 Results, Praises Growth Investment
Super Group has published its Q1 2023 results, providing insights into its performance during the first three months of the year. The gaming and betting group, which operates the famous Betway brand, saw its revenue remain stable while losses plummeted. Super Group reported revenue of $364.2 million (converted to USD, current rates). This represents a […]
Industry
May 23, 2023
Super Group SPAC Sued by Investor Over Alleged Loss on $4.75bn Merger
As explained in the complaint that was filed in the Delaware Court of Chancery with the help of plaintiff counsel Dylan Newman, the Super Group shareholder considers that the architects of Sports Entertainment Acquisition Corp. (SEAC) were responsible for pushing through the merger valued at $4.75 billion while intentionally withholding specific disclosures. Eric Grubman, Chris […]
Business
March 14, 2023
Super Group Publishes Preliminary Q4 and FY22 Results
Super Group, the group behind the Betway and Spin gambling brands, has published its preliminary Q4 and full-year 2022 financial results. The company saw its revenue exceed the guidance range, causing Super Group to be optimistic about the future despite certain declines. Super Group’s unaudited Q4 financial highlights show Q4 revenue of around $353 million […]
Industry
February 28, 2023
Super Group Parts Ways with Alan Alger
Super Group, the holding behind the online gambling brands Betway and Spin, is parting ways with Alan Alger, its director of corporate communications. This marks the end of Alger’s long career with the company. The announcement was made by Alger who spoke of his departure on LinkedIn and Twitter. He noted that his eight and […]
Business
February 7, 2023
Super Group Confirms Plans to Sell DGC’s Non-core B2B Division
On Monday, Super Group confirmed the proposed sale of DGC’s non-core B2B division to the leading provider of content for the iGaming industry that has a growing portfolio of more than 200 partners around the world, Games Global. It was only recently that Super Group expanded its global presence by acquiring DGC. As a result, […]
