Super Group has recorded its best quarter ever, driven largely by an increase in betting activity during the FIFA World Cup. The parent company of Betway and Spin announced revenues of $684 million for the second quarter of 2026, marking an 18% increase compared to $579 million during the same quarter last year. Net profits soared to $123 million this quarter, a significant rebound from the net losses of $3 million reported a year earlier.
The company's adjusted EBITDA rose by 30%, reaching $204 million and achieving a record EBITDA margin of 30%. Monthly active customers grew to 6.2 million, up 13% year-over-year, while both deposits and bets hit historic highs during the quarter.
Additionally, Super Group has secured a new sponsorship agreement with Manchester United for the team's training kit, boosting Betway's visibility within the football community.
Chief Executive Neal Menashe commented on the performance, stating, "The second quarter generated record performance across Super Group, marking all-time highs in revenue, adjusted EBITDA, deposits and wagering. While we maximised 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 guidance for adjusted EBITDA has also been raised to exceed $710 million, up from the previous forecast of over $680 million.
At the end of June, Super Group reported $548 million in cash with no outstanding debts. During the quarter, the company paid out $25 million in dividends to its shareholders, and the total capital returned to shareholders over the past twelve months reached $218 million.
Geographically, Africa emerged as the best-performing region, with revenues climbing 36% to $310 million, while revenues from international markets, including Europe and the Americas, increased by 7% to $368 million.
