Super Group posts Q3 profit with $661M in revenue

Super Group’s African operations outpaced its International business for the first time in the third quarter, helping the Betway and Spin owner grow revenue despite a tough period for sportsbook margins.

Africa revenue increased by 17% to $262 million, led by a 21.3% jump in iGaming, while International, which covers the Americas, Europe, and the rest of the world, rose by 4.9% to $344 million. International sportsbook revenue fell by 8.3% to $33 million.

Group revenue totaled $611 million, 10% higher than a year earlier but below the record $684 million posted in the World Cup-boosted second quarter. Quarterly profit rose to $142 million from $96 million. Super Group now sees 2026 revenue at $2.525 billion to $2.575 billion and adjusted EBITDA at $700 million to $720 million, slightly below its August forecasts.

Alinda van Wyk, CFO of Super Group, said:

“Casino gross revenue increased 16%, while our long-term sports margin remains within our expected structural range.”

Neal Menashe, CEO of Super Group, added:

“We also delivered strong profitability across Africa, and International made meaningful progress across product, pricing and technology.”

The company has also launched a $150 million share buyback over 14 months, supported by $602 million in cash. Over the first nine months of 2026, revenue grew 15.7% to $1.89 billion.