Citizens analyst Jordan Bender said Super Group’s African business remains a core earnings driver following meetings with regional leadership. The report estimated the region contributes about $900m, or roughly 40% of group revenue, based on 2025 estimates, and identified Nigeria as a growth opportunity.
The assessment informs investors about Super Group’s revenue exposure and prospects in African markets.
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Manchester United are reportedly closing in on a £20m training-kit sponsorship with Betway. The report says the deal would be the most lucrative of its kind in football and would avoid an incoming sponsorship ban.
The Roundhill Sports Betting & iGaming ETF rose 1.4% last week, edging the S&P 500 for the first time in 10 weeks, according to the report. Rush Street Interactive shares gained 16.5% after its Q4 2025 results and 2026 guidance; the company reported quarterly revenue of $324.9 million, up 28%.
Super Group said its 2025 revenue is expected to reach $2.17bn-$2.27bn, with adjusted EBITDA of $555m-$565m. The board approved a special cash dividend of $0.25 per ordinary share, payable on 9 February to shareholders on record on 2 February.
Super Group CEO Neal Menashe said the company sees opportunities as the UK gambling market consolidates. Revenue from Betway and Spin in the UK rose 13% year on year in Q3, while group revenue increased 10% to $611 million. Menashe said the company had consolidated its UK businesses and was positioned to capture revenue as smaller operators exit.
In Q3, the UK market delivered a 13% year-on-year rise in revenue through the Betway and Spin brands, and group revenue for the quarter rose 10% to $611 million. Adjusted EBITDA for the quarter came in at $165 million, up 8% on the same quarter of 2025, and net profit for the period was $142 million.
Super Group reported third-quarter 2026 revenue of $611m, up 10% year on year, and profit of $142m, compared with $96m a year earlier. Africa revenue rose to $262m from $224m, while the company forecast 2026 revenue of $2.525bn-$2.575bn and adjusted EBITDA of $700m-$720m; its board also approved a share repurchase programme of up to $150m through December 2027.
Quarterly revenue came to $611m, 10% above the $557m of a year earlier. Profit rose from $96m to $142m. Monthly active customers rose 9% to 6.0 million.