Africa helps fuel Super Group’s Q1 revenue surge
Betway’s booming presence across Africa helps drive 25 per cent revenue jump as Super Group eyes $2bn year.
South Africa.- Super Group (SGHC), the powerhouse behind Betway and Spin, has reported record first quarter revenue of $516.8m. This is up 25 per cent from the same period last year, “driven by growth from the Africa, Europe, and North America markets”.
In what marks the company’s strongest Q1 showing yet, Africa emerged as a critical growth engine, contributing to the company’s year-on-year revenue surge. The company credited “outstanding sports betting margins” and sustained casino engagement for the spike, with African markets playing a major role in both.
“We started 2025 on a high note, delivering a strong first quarter with impressive revenue growth, a surge in customer acquisition, and effective retention strategies,” said Neal Menashe, CEO of Super Group.
Betway in Africa
Africa, where Super Group’s Betway brand has secured licences and partnerships across several key jurisdictions, is proving to be fertile ground. The continent’s young, tech-savvy population, combined with Betway’s aggressive marketing and sports sponsorships, has made it one of the company’s fastest-growing regions.
The results also show a 14 per cent increase in monthly active customers globally, rising to 5.3 million users.
With unrestricted cash reserves at $351m and total dividends of $95.7m paid during the quarter, Super Group is not only growing but rewarding shareholders along the way.
Looking ahead, the company remains confident in its guidance for the year, targeting over $2bn in revenue and more than $421m in Adjusted EBITDA. And with Africa continuing to jointly lead the charge, the odds look firmly in Super Group’s favour.
