Expecting to significantly expand its US presence in the new year, Super Group continues to project strong revenue growth to close the year.
Issuing an update to its NYSE investors, the [company] reiterated its predictions 2022, maintaining that it will achieve revenue of between €1.15bn and €1.28bn and Adjusted EBITDA of between €200m and €215m, respectively.
In an assessment of its Q3 developments, the group’s Betway sports betting brand entered negotiations with Apricot, a sportsbook provider for ‘a number of jurisdictions’ where the operator maintained a presence outside of Africa.
There is potential for an agreement that would materially increase Betway’s dedicated development resources, including spending and investment growth ‘for the next several quarters’, focused particularly on software development.
