Tag Archives: Super Group

Twain Sports, the sportsbook vertical of BetGames, has partnered with Betway to put its African expansion plans into action. The firm’s T-Basket product will be the first to go live in Africa as Twain seeks to ‘bridge the gap in demand’ for live sport with ‘high frequency entertainment’.  T-Basket features professional athletes competing to score the most points in 60 …

 Super Group Inc (SGHC) continues to navigate against macro headwinds impacting the performance of its flagship Betway and Spin brands across global jurisdictions. Publishing its Q3 trading update, the NYSE online gambling group registered corporate revenues of €308m, down 2% on 2021 comparative results of €312m. The decline in headline revenues was primarily attributed to the slowdown of the Spin …

Expecting to significantly expand its US presence in the new year, Super Group continues to project strong revenue growth to close the year.  Issuing an update to its NYSE investors, the Malta-based reiterated its predictions 2022, maintaining that it will achieve revenue of between €1.15bn and €1.28bn and Adjusted EBITDA of between €200m and €215m, respectively. In an assessment of …

Digital Gaming Corporation (DGC), the US partner of Super Group, has announced the appointment of Deutsch NY as lead creative agency of Betway for North American markets. Forming its partnership in 2021, DGC has led Betway’s US market activations, securing Super Group’s flagship sportsbook property licences in the seven US wagering states of New Jersey, Pennsylvania, Indiana, Iowa, Colorado, Arizona, …

Betway has moved to bolster the payment options available to its UK customers, expanding the scope of its partnership with global account-to-account (A2A) transactions provider Trustly. The enhanced deal will see the Super Group online sports betting and gaming brand leverage Trustly’s open banking product, as the fintech service increases in popularity in the UK.  For Trustly, the agreement marks …

Super Group Inc, the parent company of Betway and Spin brands, has outlined a confident and stable start to trading as an NYSE-listed business.  Publishing its first quarterly results on the New York Stock Exchange, Super Group achieved group revenues of €334m, attributed to a split of –  53% Betway / 47% Spin. Revenue growth reflected pre-NYSE results of €311m, …

Betway’s appeal against a fine imposed by Sweden’s gambling regulator, the Spelinspektionen, has been rejected by the Administrative Court in Linköping. The Super Group sports betting and gaming brand’s case to the court was ‘rejected in its entirety’ by the court, upholding the SEK 100,000 (€9,800) fine imposed on the firm by the Swedish Gamlbling Inspectorate.  Spelinspektionen imposed the financial …

Super Group has moved to expand its corporate governance, focusing on active US market growth opportunities for its flagship Betway and Spin subsidiaries.  Three months following the firm’s NYSE debut, Super Group has announced the appointment of Natara Holloway and Jonathan Jossel to its Board of Directors, effective immediately.         A US pro-sports figurehead, Natara Holloway is the current VP …

Betway has secured access to the Buenos Aires betting and gaming sector, securing a licence in the city via its partnership with Bingo Pilar. Granted by the Loteria de la Ciudad de Buenos Aires (LOTBA), the licence enables access to the city’s three million consumers – although it does not extend to the province, which exists under a separate licensing …

Super Group has reported a strong close to 2021 trading, bolstered by launches in several new markets, although some figures fell slightly short of the expectations detailed earlier this year.  Publishing its first set of full year results as a public enterprise – the company completed its listing on the NYSE in January – Super Group detailed that revenue had …