Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced its second quarter 2025 unaudited consolidated financial results.

Revenue for Q2 was $579.4 million for the second quarter of 2025 representing the highest revenue recorded in a quarter. Profit before tax of $38.8 million for the second quarter of 2025.

Non-GAAP Adjusted EBITDA ex-US of $162.0 million and a loss of $5.4 million from the U.S. amounted to Adjusted EBITDA of $156.7 million, representing the highest Adjusted EBITDA recorded in a quarter. Raising full-year Adjusted EBITDA guidance – Group: $470-$480 million; Ex-U.S.: $500-$510 million. 

Neal Menashe, Chief Executive Officer of Super Group, commented: “We had a Super first half of 2025, driven by a record-breaking second quarter. The quarter’s success was fueled by strong execution across our key markets, a full calendar of global sporting events, increased deposits, high customer retention, and margin expansion. While our decision to exit the U.S. was difficult, we believe that this step demonstrates our commitment to capital efficiency and long-term profitability. With continued focus on scaling our technology globally, Super Group should be even better positioned for sustained, profitable growth.”

Alinda van Wyk, Chief Financial Officer of Super Group, stated: “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.”