Key Moments:
- Super Group has revised its 2025 revenue guidance upward to a range of $2.13 billion to $2.2 billion, up from $2.04 billion
- The company now projects adjusted EBITDA for the year between $550 million and $560 million, compared with a previous estimate of $470 million to $480 million
- Super Group intends to exit the United States market by the fourth quarter of 2025, focusing on regions delivering stronger growth
2025 Guidance Lifted Following Robust Third Quarter
Super Group, the global online betting and gaming operator behind Betway and Spin, has upgraded its full-year outlook, citing stronger results in the third quarter. Performance outside the United States has exceeded earlier expectations, prompting the company to adjust both revenue and adjusted EBITDA forecasts for 2025.
The company has set its revised group revenue forecast between $2.13 billion and $2.2 billion for the year, compared to prior guidance of around $2.04 billion. Its new outlook for adjusted EBITDA stands at $550 million to $560 million, increased from an earlier projection of $470 million to $480 million. This marks the second upward revision in 2025, following an exceptional second quarter described as the company’s most successful to date.
Core Markets and Divisions Drive Growth
Despite the typical seasonal slowdown, Super Group reported sustained momentum in its key markets during the third quarter. Both sports betting and online casino segments contributed to the group’s performance, aided by higher customer engagement and margin improvements across several territories.
Neal Menashe, Chief Executive Officer at Super Group, stated, “Our performance through the third quarter continues to demonstrate the resilience of our model and the strength of our execution. 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.”
Efficiency and Focused Growth Strategy
Alinda van Wyk, Chief Financial Officer, highlighted the company’s enhanced financial footing and the success of its product-focused strategy. “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,” Wyk said.
Super Group emphasized that operational efficiency improvements have helped balance continued expansion with sustainable profitability.
Brand Visibility and Strategic Partnerships
Extending its brand presence, Super Group entered a sponsorship agreement with the Williams Formula 1 team earlier in 2025. As a result, the Betway logo now appears on Williams Racing cars throughout the current F1 season, providing exposure to a worldwide motorsports fan base. This initiative aligns with the company’s broader effort to bolster brand recognition in regulated markets.
U.S. Withdrawal and International Emphasis
Super Group confirmed plans to exit the United States market, with the closure of US operations set for the fourth quarter of 2025. Management indicated that the majority of the company’s revenue is already generated outside the US, and this decision enables Super Group to concentrate on regions with stronger, more sustainable growth prospects.
| Metric | Previous Guidance | Revised Guidance |
|---|---|---|
| Revenue (2025) | $2.04 billion | $2.13 billion – $2.2 billion |
| Adjusted EBITDA (2025) | $470 million – $480 million | $550 million – $560 million |
| US Market Exit | N/A | Expected by Q4 2025 |
- Author
Daniel Williams
