Super Group expects full-year revenue for 2025 to range between $2.17 billion and $2.27 billion, with adjusted EBITDA projected at $555 million to $565 million. The company confirmed the estimates in a January business update, citing record user engagement and strong returns from casino gaming.
CEO Neal Menashe 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.”
The group reported that its casino operations performed “exceptionally well” during the twelve months ending December 31, 2025, and described the segment as a “resilient” driver of profitability. Sports betting results were impacted in December by a series of outcomes that favored customers, but metrics, including deposits and monthly active users, reached all-time highs in the final quarter.
Based on its year-end performance and an optimistic outlook for 2026, the board approved a special cash dividend of $0.25 per ordinary share. The dividend is payable on February 9 to shareholders of record as of February 2.
“The dividend reflects that strength and our confidence in the durability of the business,” Menashe said. “With a deep product pipeline and continued operating discipline, we are entering 2026 positioned to grow and keep compounding long-term value for shareholders.”
The revised guidance is an upgrade from earlier projections, which had placed revenue between $2.125 billion and $2.2 billion and adjusted EBITDA between $550 million and $560 million.
As it moves into 2026, Super Group’s geographic footprint has narrowed. The company exited the U.S. market in 2024, citing regulatory developments that affected “long-term US expected profitability.” This followed its 2023 withdrawal from India, triggered by the introduction of a 28% turnover-based tax on online gambling.
In January 2026, the group confirmed its exit from Portugal. A Betway spokesperson stated at the time, “After a thorough review, we have decided to relinquish our licence in Portugal in order to focus on existing markets and growth areas with more potential.” The company did not indicate whether further exits are planned.
The financial outlook follows a strong third quarter in 2025. Revenue for the three-month period rose by nearly 26% year-on-year to $556.9 million. UK operations led growth with a 71% increase, followed by Africa at 36%. Canada recorded a 15% increase, excluding Ontario, where revenue rose just 3%. In contrast, Latin America saw a decline, with revenue falling from $6 million to $4 million.
Q3 also saw adjusted EBITDA climb 65.2% to $152 million, while profit rose sharply to $95.8 million, marking an 830% increase year-on-year. Super Group is the parent company of online gambling brands Betway and Spin.
Original article: https://www.yogonet.com/international/news/2026/01/23/117267-super-group-forecasts-up-to-227-billion-in-2025-revenue-declares-special-dividend
