Africa betting growth lifts Super Group regional Q1 revenue to US$267m
Betway owner Super Group reported strong Africa growth in the first quarter, with Nigeria expansion and casino wagering helping drive performance.
Nigeria.- Super Group’s Africa revenue rose to US$267m in the first quarter of 2026, up from US$201m a year earlier, as the Betway owner said the region remained a key growth engine for the business. The company said African igaming revenue reached US$190m and sportsbook revenue totalled US$77m, while it also moved to a new reporting structure centred on “Africa” and “International” segments
Neal Menashe, the company’s CEO, said: “The first quarter of 2026 marked a record-breaking start for Super Group. Africa delivered an excellent Q1.”
The latest results follow Super Group’s Africa-driven digital betting growth and shareholder reward plans announced in January 2026.
Africa expansion drives revenue
Globally, Super Group reported Q1 2026 revenue of US$612m, up 18 per cent year-on-year, while profit increased from US$59m to US$86m. Adjusted EBITDA rose 36 per cent to US$152m. The company also reported global record monthly active customers of 6.4 million, while March alone reached 6.5 million active customers.
Africa remained one of Super Group’s strongest growth markets, with sports wagers increasing 33 per cent year-on-year and casino wagers rising 36 per cent.
The company ended the quarter with a global cash position of US$422m and reaffirmed its full-year 2026 guidance of at least US$2.55bn in revenue and more than US$680m in adjusted EBITDA.
