Super Group rewards shareholders as Africa‑led digital betting surges
Company pays special dividend after standout 2025 driven by Betway, Spin and rapid growth in African markets.
Kenya.- Super Group Limited, the parent company of online sportsbook Betway, rewarded shareholders with a special cash dividend after a standout year for global digital gambling, driven in large part by robust growth in Africa.
On January 22, 2026, Super Group’s Board of Directors declared a special cash dividend of $0.25 per ordinary share. The move came as the company wrapped up another year of strong performance in both its betting and casino divisions, with Africa emerging as a key driver of growth.
Africa’s contribution was central to Super Group’s success in 2025, with Betway’s sportsbook operations and Spin’s online casino platforms helping drive engagement across markets including Kenya, Botswana, South Africa, Nigeria, Ghana and Zambia.
According to Super Group’s reported regional revenues for the first nine months of 2025, Betway accounted for approximately 63 per cent of revenue in Africa and the Middle East while Spin also registered contributions – evidence of the combined brands’ presence in the region.
Super Group’s 22 per cent revenue growth for the full 2025 financial year was driven largely by strong performance in Africa, where revenue climbed 27 per cent year‑on‑year and Botswana was ‘leading the charge’ after the operator launched there in February 2025, according to a 2026 IGB report.
In the first nine months of 2025, Africa accounted for around 64 per cent of Super Group’s total revenue – about $646m across eight markets – a 34 per cent increase compared with 2024.
Strong growth, confident outlook
Full‑year 2025 revenue fell within guidance of $2.17bn to $2.27bn, with Adjusted EBITDA in line with forecast ranges. CEO Neal Menashe highlighted the strength of the company’s operating model and user engagement across markets.
He said: “We are very pleased with our performance this year. Casino outperformed, while sports wagers, deposits and monthly active customers all reached record highs. Customer‑friendly results reduced sports hold late in the fourth quarter, yet our operating model remains very strong.”
Menashe added: “Today’s dividend reflects that strength and our confidence in the durability of the business. With a deep product pipeline and continued operating discipline, we are entering 2026 positioned to grow and keep compounding long‑term value for shareholders.”
Super Group also maintained a strong balance sheet, reporting more than $513m in cash and equivalents. The company raised its 2026 annual dividend target to at least 20 cents per share, with the first quarterly dividend of 5 cents per share scheduled for March 31, 2026.
As it progressed through 2026, Super Group targeted approximately $2.55bn in total revenue and Adjusted EBITDA above $680m – supported by continued engagement across African markets and globally, ongoing online casino momentum, and major events such as the FIFA World Cup 2026.
