Super Group, parent company of online sports betting and iGaming brands Betway and Spin, has reported revenue of US$556.9 million (£425.97m) for the third quarter of 2025, representing a 26 percent year-on-year increase.
The company also announced a profit of US$95.8 million (£73.27m) for the period, compared to US$10.3 million (£7.87m) in Q3 2024, and raised its full-year guidance for both revenue and adjusted EBITDA.
Adjusted EBITDA rose 65 percent to US$152.1 million (£116.37m) in the third quarter, up from US$92 million (£70.38m) in the prior-year period, with US$149.2 million (£114.2m) generated outside the United States and US$2.9 million (£2.21m) from U.S. operations.
The Guernsey, Channel Islands-based company now expects full-year revenue of up to US$2.27 billion (£1.73bn) and adjusted EBITDA of between US$555 million and US$565 million (£424.6m-£432.26m).
Global Platform
“We are incredibly pleased with our Q3 performance, which highlights the continued strength of our global platform and consistent execution across our core markets,” affirmed Neal Menashe, CEO of the New York Stock Exchange-listed gambling heavy-hitter.
“Despite customer-friendly outcomes in September, we delivered record-level customer engagement, strong revenue growth, and margin expansion.”
Super Group attributed their growth to strong performance in Africa, Europe, and North America, particularly Canada, partially offset by declines in South and Latin America.
Monthly active customers increased 18 percent, year-on-year, to 5.5 million, and cash and cash equivalents stood at US$461.9 million (£353.7m) as of September 30, 2025.
Betway Best
Online casino revenue accounted for US$459 million (£351.48m) of total revenue, while sports betting contributed US$91 million (£69.68m).
Top brand Betway generated an impressive US$341 million (£261.12m) in revenue for the quarter, with Spin contributing US$216 million (£165.37m).
The results underline the group’s diversification across regulated markets and continued emphasis on digital gaming growth, asserted Menashe.
“Hitting six million monthly active customers was another significant milestone, a reflection of our product innovation and local execution,” continued the Super Group CEO.
“With continued momentum into Q4, and the highly anticipated launch of Super Coin, we are focused on driving long-term value for our shareholders and enhancing our global position.”
Confidence
Alinda Van Wyk, Super Group’s Chief Financial Officer, added: “This was another quarter of strong financial delivery.
“We generated an exceptional US$152 million (£116.37m) in Adjusted EBITDA, up 65 percent, year-over-year, and raised our full-year guidance above the targets we shared on Investor Day.
“Our disciplined investment in high-return markets, combined with operational efficiencies and improved marketing ROI, continues to translate into expanding margins. Our balance sheet remains robust, giving us both flexibility and confidence as we look ahead to 2026.”
Assuming tasty Xmas bonuses all round then?
