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 first quarter 2026 unaudited consolidated financial results.

Revenue for the Group increased by 18% to $612 million for the first quarter of 2026 from $517 million in the same period of the prior year, driven by growth from the Africa, Europe, Americas (mainly Canada), and Rest of World.

Profit for the period was $86 million for the first quarter of 2026, by comparison, profit for the period for the first quarter of 2025 was $59 million.

Adjusted EBITDA, a non-GAAP financial measure, increased by 36% to $152 million for the first quarter of 2026 compared to $111 million in the first quarter of 2025.

Monthly Active Customers increased by 18% to 6.4 million for the first quarter of 2026, compared to 5.4 million in the first quarter of 2025.

Neal Menashe, Chief Executive Officer of Super Group, commented: “Q1 2026 was a record-breaking start to the year for Super Group, with all-time highs in revenue, monthly active customers, deposits, and wagering. Our performance reflects the strength of our strategy, the power of our brands, and the discipline of our team.

Africa delivered another excellent quarter, while our International segment continued to gain traction. We also strengthened our leadership team with key appointments, reinforcing our commitment to operational excellence and accelerated growth. With a highly stable casino business, fortified sports trading capabilities ahead of the World Cup, and strong momentum across regions, we believe that Super Group is well positioned for the remainder of 2026.”

Alinda van Wyk, Chief Financial Officer of Super Group, stated: “Our first quarter demonstrates both the robustness and scalability of our business model. Revenue hit a new high of $612 million, marking an 18% increase compared to the same period last year. Adjusted EBITDA experienced a 36% rise, reaching $152 million and pushing our margin to 25%.

The number of average monthly active customers also set a record at 6.4 million, representing an 18% year-over-year growth. Our balance sheet remains resilient, concluding the quarter with $422 million in cash. This strong cash position was achieved even after distributing $152 million to shareholders during the quarter. We are reaffirming our guidance for the full year 2026, targeting a minimum total revenue of $2.55 billion and Adjusted EBITDA exceeding $680 million. These projections are supported by our conviction in the sustainability of our business, effective execution across various regions, and the operating leverage inherent in our operations.”