Home Earnings ReportsSuper Group Reports Record Q2 Performance Fueled by FIFA World Cup

Super Group Reports Record Q2 Performance Fueled by FIFA World Cup

by Sienna Marques
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Super Group Reports Record Q2 Performance Fueled by FIFA World Cup

Super Group achieved record-breaking results in the second quarter of 2026, driven largely by heightened betting activity during the FIFA World Cup. The company, which operates Betway and Spin, reported revenues of $684 million, marking an 18% increase from the $579 million reported in the same quarter last year. It also turned around from a net loss of $3 million last year to a net profit of $123 million this time around.

In terms of performance metrics, Super Group's adjusted EBITDA saw a significant rise of 30%, hitting $204 million, which resulted in an impressive EBITDA margin of 30%. The company also reported a 13% year-over-year growth in monthly active customers, reaching 6.2 million, while deposits and wagering activities soared to historic levels during this period.

Enhancing its market presence, Super Group announced a new sponsorship partnership with Manchester United, whereby Betway will feature on the club's training kits, further boosting brand visibility in football.

Chief Executive Officer Neal Menashe commented on the quarter’s achievements, emphasizing that they marked all-time highs in revenue, adjusted EBITDA, deposits, and wagering. He noted, "While we maximized the commercial boost from the FIFA World Cup, these results once again demonstrate the core strength of our casino-led, diversified business model, disciplined execution, and highly durable customer base."

The company raised its adjusted EBITDA guidance for the year to above $710 million, up from the previous estimate of above $680 million. By the end of June, Super Group reported $548 million in cash and no debts, alongside a $25 million dividend payout to shareholders during the quarter. Over the past year, the total capital returned to shareholders has reached $218 million.

Regionally, Africa continued to lead in performance, with revenues soaring 36% to $310 million. Additionally, international markets, encompassing Europe and the Americas, contributed a revenue increase of 7%, totaling $368 million.

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