Super Group optimistic of growth in 2024

Monday, January 15, 2024 6:05 PM
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
  • Jessie Sale, SBC News

Super Group has provided comments on the company’s 2023 performance, expressing optimism about further growth in the year ahead.

The parent company of Betway and Spin, Super Group closed the year strong and reiterated its 2023 ex-US financial guidance of revenue of €1.35bn [$1.48bn] and operational EBITDA of at least €240m [$262m].

Speaking in advance of the Needham Growth Conference on 16 January, Neal Menashe, CEO of Super Group, emphasised that for the full year, the firm set annual records for both deposits and net gaming revenue, with a new unique monthly active customers record achieved in the fourth quarter as well.

He continued: “We achieved a new record for unique monthly active customers, reflecting consistent customer engagement and our leading position in key markets.”