Double-Digit Growth Propels Online Gaming Giant
Super Group, the parent company of global brands Betway and Spin, has reported a 25% year-on-year increase in revenue for the first quarter of 2025, rising from €384.5m ($413.2m) in Q1 2024 to €481.6m ($517m) this year. The strong growth highlights the group’s ability to leverage its diversified portfolio in both sports betting and online casino verticals.
Betway Expands Global Footprint
The Betway brand, known for its sports betting offerings, contributed significantly to the revenue surge. Super Group noted robust activity in Africa, Europe, and newly regulated U.S. markets, where Betway has been aggressively expanding its presence.
Recent launches and partnerships in key U.S. states like Pennsylvania, Colorado, and New Jersey are helping Betway establish a firm foothold in one of the world’s most competitive sports betting markets.
According to CEO Neal Menashe, Betway’s focus on regulated jurisdictions and product innovation has “underpinned sustained customer growth and higher engagement.”
Spin Casino Sees Elevated Player Engagement
Super Group’s online casino arm, Spin, also posted solid gains, benefiting from new game offerings, including live dealer content and mobile-first slots. The brand witnessed increased traction in Canada, LatAm, and several European territories. A focus on customer acquisition and retention, alongside expanded content partnerships, is credited for driving repeat play and improved monetization metrics.
Focus on Regulated Growth and Profitability
Looking ahead, Super Group reaffirmed its full-year guidance, expressing confidence in its ability to sustain momentum by concentrating on regulated market expansion, product enhancements, and operational efficiencies. Analysts note that the company’s multi-brand approach and solid cash reserves position it well to navigate future regulatory and competitive challenges.
