Tag Archives: betway

US performance improves for Super Group but Q3 profit takes a hit

Betway, Super Group

Growth continued for Betway and Spin parent company Super Group across all geographic frontiers except for the Asia-Pacific region during third quarter trading. Overall group-wide revenue from across the company’s global business was recorded at €356.9m at the quarter’s end, up 16% from €307.8m in Q3 2022 although the group noted that growth potential had been offset. Operational EBITDA also …

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GiG enhances Comply solution for Betway affiliates

SBC News GiG enhances Comply solution for Betway affiliates

Gaming Innovation Group (GiG), has enhanced its agreement with Betway, the flagship sportsbook brand of Super Group Inc, providing its automated affiliate media compliance and screening tool – GiG Comply. Developed by GiG’s media unit, the Comply tool helps ensure affiliate programmes are fully aligned with all brand and responsible gaming requirements of respective markets. Jonas Warrer, CEO of the …

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Super Group confirms immediate India exit 

SBC News Super Group confirms immediate India exit 

Super Group, the parent company of Betway and Spin brands, this afternoon announced that it has ceased all activities in India.    The decision follows the Indian government processing its new Goods and Services Tax, which is effective as of 1 October 2023.  This summer, India’s Parliament approved the Goods and Services Tax Council (GST) to amend tax rates applied to …

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ANFP ordered to freeze betting partnerships until Chile settles new law

SBC News ANFP ordered to freeze betting partnerships until Chile settles new law

The government of Chile has ordered sporting bodies and organisations to abide by the ruling of the Supreme Court related to the current legal status of online gambling activities. Though government agencies are in the process of finalising a legislative framework to launch Chile’s regulated online gambling marketplace, in September a Supreme Court judgement upheld a challenge by state-owned lottery …

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Betway named global betting partner of Arsenal

SBC News Betway named global betting partner of Arsenal

Betway has become the official global betting partner of Premier League club, Arsenal. The multi-year agreement aims to ‘enhance the supporter experience’ by creating and delivering global activations and exclusive content across all social media platforms. Anthony Werkman, CEO of Betway Group, commented: “Having built one of the most exciting and enviable global sport sponsorship portfolios of any industry, I …

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EveryMatrix hits peak momentum ahead of DeepCI makeover

EveryMatrix

EveryMatrix continues its record-breaking streak announcing its seven consecutive quarters of growth on key commercial metrics.  The igaming technology and platform supplier published its Q2 2023 results, generating net revenues €27m, up 82% year-on-year and 15% quarter-on-quarter comparatives. Operating on its ‘highest ever profit margin’ of 55%, EveryMatrix declared Q2 EBITDA of €15m up 15% on 2022 results and 42% …

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Super Group confident in US strategy despite Q2 hurdles

SBC News Super Group confident in US strategy despite Q2 hurdles

Super Group, the parent company of the Betway and Spin brands, has said it remains focused on ‘future growth opportunities’ to strengthen its commercial profile across multiple jurisdictions in its newly posted financial results for Q2 2023. The NYSE-listed online gambling group revealed a rise of 19% in corporate revenues to €380.8m (Q2 2022: €308.6m), citing accelerated growth across Africa, …

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Andy Roddick to serve ‘exclusive insight’ as Betway ambassador

SBC News Andy Roddick to serve ‘exclusive insight’ as Betway ambassador

Betway has revealed Andy Roddick as the gambling group’s latest global tennis ambassador. The former world number one and US Open Champion will bring ‘exclusive insight’ into the sport’s biggest tournaments, matches and players throughout the calendar. Anthony Werkman, CEO of Betway, commented: “It’s great to welcome Andy Roddick to our team of global ambassadors! Andy is a household name …

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Celebrating Visionaries: SBC Summit Latinoamérica Announces ‘Leaders’ Track

Celebrating Visionaries: SBC Summit Latinoamérica Announces ‘Leaders’ Track

3,000 delegates are set to convene at this year’s SBC Summit Latinoamérica, to witness influential thought leaders share their insights on the key talking points affecting the Latin American region, during the ‘Leaders’ conference track.  The conference track will take place during the first day of Latin America’s premier iGaming and sports betting event, Wednesday, November 1st, and will be …

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