Super Group, the parent company of online sports betting and gaming business Betway, reported a 45% year-over-year increase in 2021 revenue to around $1.4 billion.
Profits jumped 58% year-over-year to roughly $255.6 million, with cash and cash equivalents increasing 112%.
The company expanded its deals to a total of 70 in 17 different countries. Its deals include the NHL, NBA, and ATP. Super Group signed 30 sponsorship agreements in 2021. Betway and Spin, Super Group’s multi-brand online casino, launched in nine new regulated markets including Betway in France and Tanzania.
Super Group reached 2.62 million monthly average customers in 2021- a 75% year-over-year increase. Betway’s sports betting revenue reached roughly $417.8 million, up from $174.7 million the year prior.