Tag Archives: Spin

Super Group, the parent company of the Betway sportsbook and Spin online casino, reported positive trading for Q1 2025, including a continuing strong contribution from North American activities. The company has been embarking on a streamlining strategy over the past year or two, including exiting some markets across multiple continents in a bid to improve operational efficiencies and focus on …

The leadership team of Super Group maintains that there is “plenty of room for growth across all markets” for the NYSE-listed gambling group, which has demonstrated its operational strength in 2024. Speaking to investors, Group CEO Neal Menashe described 2024 as “an outstanding year” but emphasised that Super Group had begun executing its strategy in 2023, setting new high-bar objectives …

The board of Super Group (SGHC) has notified investors that Richard Hasson will step down as President and Chief Commercial Officer (CCO) of the NYSE-listed online gambling group in 2025. The resignation was announced via a corporate filing, which detailed Hasson’s intentions to resign as an executive and board member of Super Group. Investors were informed: “The effective date of …

Super Group has declared a second consecutive quarter of ‘exceptional trading’ as the NYSE online gambling group begins year-end trading. Publishing its Q3 accounts, Super Group registered corporate revenues of €403M, up 13% on 2023 comparatives of €356M – as results “represent the highest revenue recorded in a third quarter.” Period trading saw Super Group underscore the continued growth of …

Stormy forecasts continue to besiege the leadership of global gambling PLCs as they navigate arduous journeys towards growth and regulatory resolutions. Perhaps a foreboding of leadership’s current malaise, the morning of Day Two of the SBC Summit was beset by an Atlantic storm over Lisbon, with conditions locals deemed not for the faint-hearted. Rushed to the Summit’s media HQ, Neal …

Super Group has declared ‘exceptional trading’ to post its highest ever revenue and adjusted EBITDA results. The NYSE online gambling group filed its Q2 2024 accounts, generating all-time high revenues of €414 million, up 9% compared to the 2023 figures of €380 million. Peak revenue results were achieved despite the Betway brand’s exit from the US markets, as group accounts …

Betway will begin its ‘planned exit’ from US sportsbook markets, as announced by NYSE-listed parent company Super Group. The decision follows an ‘extensive internal review’ undertaken by Super Group which determined the closure of Betway’s US offering in the states of Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, and Virginia. H1 trading saw Super Group declare that it had …

Super Group has announced the appointment of Elen Barber as Chief Marketing Officer. Barber joins the holding company of Betway and Spin after spending over 13 years working for fellow operator Kindred Group.  On LinkedIn, Barber wrote: “I’m excited to share some news – I’m starting a new position as Chief Marketing Officer at Super Group (SGHC)! I am thrilled …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

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 …