Super Group has confirmed its Betway brand has withdrawn from the Portugal market. Betway has exited the Portuguese market after making a request to the regulator, which was granted on Friday.
The operator told iGB it would focus instead on existing markets and “growth areas with more potential”.
Super Group’s licence had been up for renewal this year, but the operator has been increasingly shifting its efforts to higher-growth regions, such as Africa. It entered Portugal in 2020 and then joined the market’s trade body APAJO in 2021.
“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,” a Betway spokesperson told iGB.
