Super Group profits as Q3 revenue jumps to $611 million
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 third quarter 2026 unaudited consolidated financial results.
Revenue for the Group increased by 10% to $611 million for the third quarter of 2026 from $557 million in the same period of the prior year, driven by growth from Africa, America, Europe and Rest of World.
Profit for the period was $142 million for the third quarter of 2026. In comparison, profit for the period for the third quarter of 2025 was $96 million. Adjusted EBITDA, a non-GAAP financial measure, increased by 8% to $165 million for the third quarter of 2026 compared to $152 million in the third quarter of 2025.
Monthly active customers increased by 9% to 6.0 million for the third quarter of 2026, compared to 5.5 million in the third quarter of 2025.
Neal Menashe, Chief Executive Officer of Super Group, commented: “Q3 once again demonstrated the strength and resilience of our casino-led business model. Despite customer-friendly sports results, we continued to grow revenue and Adjusted EBITDA. Casino provides a durable earnings base that allows us to absorb short-term sports volatility. We also delivered strong profitability across Africa, and International made meaningful progress across product, pricing and technology. We believe that our underlying business remains strong, and we look forward to the opportunities ahead.”
Alinda van Wyk, Chief Financial Officer of Super Group, stated: “Revenue increased 10% to $611 million and Adjusted EBITDA increased to $165 million with a margin of 27%. Customer-friendly sports outcomes impacted revenue by approximately $40 million and Adjusted EBITDA by around $25 million. Casino gross revenue increased 16%, while our long-term sports margin remains within our expected structural range.
Our revised guidance reflects customer-friendly sports outcomes. With over $600 million of cash and a robust balance sheet, the Board has authorized a share repurchase program of up to $150 million, reflecting our confidence in the long-term value of Super Group while preserving flexibility to continue investing in attractive organic and strategic opportunities.”