Super Group banks stellar Q4 to return €125m to investors after Betway’s U.S. exit

Wednesday, February 26, 2025 3:00 AM
Photo:  By --Steindy (talk) 16:15, 29 August 2019 (UTC) - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=81700157
  • Ted Menmuir, SBC News

Super Group (SGHC) has declared its “best year in business”, successfully navigating significant corporate adjustments following Betway’s exit from the US market.

Publishing its Q4 and full-year 2024 accounts, the NYSE group and parent company of Betway and Spin brands reported record group revenues of €1.7bn [$1.8bn], up 21% on FY2023 results of €1.4bn [$1.5bn].

The year ended on a high as SGHC achieved peak revenues of €500m, marking a 40% increase on Q4 2023 comparatives of €360m.

The milestone of reaching €500m in Q4 revenues was supported by the peak KPI of SGHC brands, which serviced an active monthly customer base of 5.3m (+12%). A breakdown of units showed SGHC’s sports betting revenues doubled to €111.