Super Group has recorded its highest ever quarterly revenue, posting $597.4 million for Q2 2025.
That represents a 30% increase on the $446.5 million declared for the same period last year and the company also reported a 78% increase in adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) to $157 million.
The Guernsey-headquartered firm is the parent company of several global sports and iGaming brands, including Betway, the UK sports betting site and gaming platform, and Spin, the multi-brand online casino.
Super Group reported its financial results for the second quarter of 2025 on the back of announcing it has decided to fully withdraw from the US market.
Super Group’s Full Withdrawal From The US
A year after shuttering its US sports betting operations the company announced at the start of July that it was going to pull Spin and Jack City out of its two remaining iGaming markets in New Jersey and Pennsylvania.
The strategic decision was made to concentrate efforts on other geographical areas and CEO Neal Menashe confirmed: “We therefore intend to focus capital and resources on markets where we see the greatest opportunity for scalable, sustainable, profitable super growth, with a disciplined emphasis on operational efficiency,”
These latest figures certainly give fuel for optimism.
Profit before tax was $38.8 million for the second quarter with monthly active customers rising from 4.5 million on Q2 2024 to 5.5 million from the same period this year, a rise of 21%.
Earlier this week Arsenal legend Thierry Henry was announced as a global ambassador for Betway, further enhancing the company’s profile in the sports arena.
Reviewing the quarter’s performance, Alinda van Wyk, Super Group’s chief financial officer, said: “Q2 marked the strongest quarterly financial performance in Super Group’s history, with revenue up 30% year-over-year and Adjusted EBITDA up 78% year-over-year to $157 million, delivering a healthy 27% margin.
“These results underscore our scalable, cost-efficient operating model and controlled marketing spend.
“We ended the quarter with $393 million in unrestricted cash and zero debt, and returned $20 million to shareholders, bringing our 12-month capital returns to $166 million.
“Driven by our continued focus on core markets, we are raising our full-year Adjusted EBITDA guidance and remain confident in delivering long-term value to our shareholders.”
Betway’s Regional Performance In Focus
Betway was Super group’s primary revenue driver for the quarter, generating a total of $355 million.
The popular sports betting app reported a significant hike in revenues from Africa and the Middle East with $225 million revenue, up from $164 million last year.
That represented 63% of Betway’s entire revenue for the quarter.
Europe was the second most productive market, generating $81 million in Q2 2025 compared to the $49 million in last year’s second quarter.
Betway’s withdrawal from the US has left just Ontario, Canada, as its North America marketplace, reflected in revenue dropping from $41 million last year to $37 million.
Remaining revenue came from the Asia-Pacific region ($9 million) and South/Latin America ($3 million).
Jim Munro is a betting industry and gambling expert who has been a national newspaper journalist for over 30 years, predominantly at The Sunday Times and The Sun, where he wrote a weekly soccer betting column. Jim also worked on the launch of Virgin Bet with Gamesys and was subsequently head of editorial at LiveScore, the sports media and betting group.
