Super Group optimistic of growth in 2024

Super Group optimistic of growth in 2024

Article brief provided by SBC News
  • Jessie Sale, SBC News
January 15, 2024 6:05 PM

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

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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.”