Super Group: 2024’s Q4 ‘record’ momentum continuing in 2025

Super Group, the parent company of Betway, has announced that its Q4 2024 is expected to come back as its strongest ever ex-US quarter.

Total Revenue hit approximately €486, and Adjusted EBITDA, a non-GAAP financial measure, of between €125m and €130m. 

During the quarter, the group projects to have set a number of new monthly ex-US records, with December being described as ‘particularly impressive’, achieving new highs for deposits and total revenue.

Super Group CEO, Neal Menashe, commented: “I’m proud to have ended 2024 on a high, with new records expected for both Total Revenue and Adjusted EBITDA. 

“This momentum has continued into the start of 2025, setting a solid foundation for the year ahead. I would like to thank the global Super Group team for an excellent 2024, and I look forward to an even better 2025.”

Meanwhile, for the full-year, the company expects to have surpassed its previously issued ex-US guidance targets of total revenue of €1.60bn and Adjusted EBITDA of greater than €360m.

New ex-US records were also expected to have been achieved in 2024 for both Total Revenue and Adjusted EBITDA, with Total Revenue growing by 18% to €1.66bn and Adjusted EBITDA growing by more than 50%, anticipated to be between €387m and €392m, a margin of greater than 23%.

Last month, the board of Super Group notified investors that Richard Hasson was stepping down as President and CCO of the NYSE-listed online gambling group in 2025.

The resignation was announced via a corporate filing, which detailed Hasson’s intentions to resign as an executive and board member of Super Group.

Investors were informed: “The effective date of Mr Hasson’s resignation from these positions is to be determined, but it is anticipated to occur during the first half of 2025 to allow for a thorough and smooth transition of his responsibilities.”

 Super Group, the parent company of Betway, has announced that its Q4 2024 is expected to come back as its strongest ever ex-US quarter. Total Revenue hit approximately €486, and Adjusted EBITDA, a non-GAAP financial measure, of between €125m and €130m.  During the quarter, the group projects to have set a number of new monthly …