It’s been a big quarter for Super Group. The online betting and gaming operator posted its best-ever three-month revenue haul. Super Group earnings surged thanks to a packed sporting calendar, higher player retention, and solid growth in key markets.

  • Super Group earnings hit $579.4m in Q2 2025, up 30% from $446.5m a year ago. Growth was driven by the Africa, Europe, and North America regions. LATAM and Asia-Pacific saw minor declines.

  • Adjusted EBITDA reached $156.7m, up 78% year-on-year and marking the highest quarterly figure ever for the company. Excluding the U.S., Adjusted EBITDA came in at $162m, while the U.S. unit posted a $5.4m loss.

  • Profit before tax totaled $38.8m, up from $22.1m in Q2 2024, despite a $63.9m non-cash impairment on iGaming assets and $22.6m from onerous contracts. Q2 2024 had included a $39.6m non-cash charge.

  • The group ended Q2 with $393m in unrestricted cash and no debt on the books. A dividend payout of $20.2m was made during the quarter, bringing total capital returns to $166m over the past 12 months.

  • Super Group raised its full-year Adjusted EBITDA forecast to $470–$480m, up from previous guidance. The ex-U.S. range is now $500–$510m, while U.S. operations are expected to lose $30m, excluding exit costs.

  • Monthly active customers hit 5.5 million in Q2, a 21% increase year-on-year. The company attributed this to increased deposits and high retention across key platforms.

  • By product line, online casino contributed $454m in Q2 revenue, with Betway and Spin contributing almost evenly. Sports betting added another $116m, all coming from the Betway brand.

  • North America accounted for $199m in Q2 revenue, up from $161m last year. Africa and the Middle East remained the top market with $229m, growing from $165m in 2024.

  • Europe delivered $109m in revenue, compared to $72m in the prior-year quarter. Asia-Pacific slipped slightly to $37m from $40m, while South/Latin America saw revenue fall to $5m.

  • CEO Neal Menashe said: “We had a Super first half of 2025, driven by a record-breaking second quarter,” noting strong execution and focus on profitability. The group expects to publish full interim financials by the end of August.

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