Super Group, the parent company of Betway and Spin, has raised its full-year 2025 revenue and adjusted EBITDA guidance following stronger-than-expected third quarter performance.
The company now expects group revenue for the year to fall between $2.125 billion and $2.200 billion, up from its previous forecast of more than $2.04 billion. Adjusted EBITDA is projected to be between $550 million and $560 million, compared to prior guidance of $470 million to $480 million.
Excluding the U.S., revenue is forecast between $2.085 billion and $2.160 billion, while adjusted EBITDA is anticipated at $575 million to $585 million. The company continues to expect a U.S. adjusted EBITDA loss of around $25 million, with the final closure of its U.S. business scheduled for early in the fourth quarter.
The results reflect strong momentum across sports betting and casino, driven by pricing optimisation, efficient trading, and consistent customer engagement. Super Group highlighted its scalable, brand-led model and operational leverage in international markets as key factors behind the upgraded outlook.
The company will hold its Investor Day on September 18, 2025, with presentations streamed via its Investor Relations website. A replay will be made available following the event.
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.”
