The company now projects full-year group revenue between $2.125 billion and $2.200 billion, representing a significant increase from previous guidance of greater than $2.04 billion. Group Adjusted EBITDA guidance has been raised to between $550 million and $560 million, compared to prior expectations of $470 million to $480 million.
Third Quarter Performance Drives Optimism
Super Group’s third quarter performance has outperformed projections across key metrics, with continued momentum in sports betting supported by pricing improvements and more efficient trading operations. The company has also maintained consistent customer engagement in its casino vertical while achieving better operational efficiency across core international markets.
Ex-U.S. revenue is expected to reach between $2.085 billion and $2.160 billion, while U.S. revenue is projected to exceed $40 million for the full year. The company anticipates Ex-U.S. Adjusted EBITDA of $575 million to $585 million, with the U.S. business expected to post an adjusted EBITDA loss of approximately $25 million before its planned closure in early Q4 2025.
Leadership Commentary
“Our performance through the third quarter continues to demonstrate the resilience of our model and the strength of our execution,” said Neal Menashe, Chief Executive Officer of Super Group. “We’re seeing strong contributions from both sports and casino, deeper customer engagement, and continued margin improvement across key markets. As a result, we’re pleased to raise our full-year outlook and remain confident in our ability to deliver for our shareholders.”
Alinda van Wyk, Chief Financial Officer, added, “The consistency of our financial performance this quarter gives us confidence in our ability to drive both top-line and margin expansion. With cost ratios improving and our product-led strategy gaining traction, we remain focused on disciplined execution and long-term value creation.”
Market Position and Strategy
The improved guidance reflects the scalability of Super Group’s business model and the strength of its brand-led, data-driven approach to market expansion. The company maintains leading positions across Europe, the Americas, and Africa, with operations supported by proprietary technology and advanced data analytics capabilities.
Super Group has been recognized as number 6 in the EGR Power 50 for three consecutive years, highlighting its position among the industry’s most influential operators. The company’s sports betting and online gaming offerings are built on scalable technology platforms that enable rapid market entry and personalized customer experiences.
Upcoming Events
Super Group hosted its Investor Day on September 18, 2025, beginning at 8:00 AM EST/1:00 PM UK. Presentations and live streams were made available on the company’s investor relations website, with replays accessible following the event.
The company plans to report complete third quarter results in November, including detailed reconciliations of non-GAAP measures to comparable IFRS financial metrics.
About Super Group
Super Group (SGHC) Limited serves as the holding company for global online sports betting and gaming operations, including Betway and Spin. Licensed across multiple jurisdictions, the company holds leading market positions throughout Europe, the Americas, and Africa. Its operations are supported by proprietary technology and marketing analytics that enable responsible, personalized customer experiences.
For investor inquiries, contact: investors@sghc.com
For media inquiries, contact: media@sghc.com
Visit: http://www.sghc.com
