Super Group’s “outstanding sports betting margins” helped the global online gaming company grow year-over-year revenue by 25% during the first quarter of 2025.
The operator announced on Thursday that sports betting brand Betway and online casino Spin generated a combined $516.8 million in revenue and Adjusted EBITDA of $11.1 million, a 120% year-over-year increase during the period ending March 31.
“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,” Super Group CEO Neal Menashe said. “The Group’s combined revenue reached a record $517 million for a first quarter, representing a 25% year-over-year increase, fueled by outstanding sports betting margins and consistent casino margins, as well as our ongoing efforts to optimize return on investment across all markets.”
