Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that it has been added to the Russell 2000® Index.

Super Group was officially added to the Russell 2000® Index as part of the annual reconstitution of the entire family of Russell indexes that took place after the close of trading on Friday, June 23, 2023 and will be effective at the market open today. In addition to the Russell 2000® Index, Super Group will automatically be included in the Russell 3000® Index.

“We are excited to join the Russell 2000 Index,“ stated Neal Menashe, Chief Executive Officer of Super Group. “We believe that this milestone as a public company will enhance our profile with investors as we work towards optimizing our global footprint in the online sports betting and gaming industries while maintaining our profitability.”

Each year, FTSE Russell performs a reconstitution process for its indexes, resulting in the ranking by market capitalization of the 4,000 largest US stocks. Russell indexes are utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.