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Super Group begins US sportsbook closures, retaining iGaming in two states

Business

Super Group said it will begin closing its sportsbook operations in nine US states after an internal review found no clear path to long-term profitability. The company plans to continue its two Spin iGaming brands in New Jersey and Pennsylvania; it said closure-related costs will be detailed in its next quarterly earnings call in early August.

End-of-day close Super Group (SGHC), USD, to 23 August 2024
Story date28 May 202423 August 2024

Latest reported results

Super Group NYSE: SGHC

Quarter ended 30 June 2026

Revenue
USD 684.0m
Operating income
USD 172.0m

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Michigan leads US states with 589,449 active sportsbook accounts

Michigan recorded 589,449 active sportsbook accounts on 1 November, narrowly ahead of New York’s 587,752, according to data from geolocation provider GeoComply. Pennsylvania ranked third with 570,386; the figures measure account activity, not betting handle, and people may hold accounts with multiple operators.

On Nov. 1, Michigan had 589,449 active betting accounts, according to a geolocation technology provider. That put Michigan just 0.3% ahead of New York, which had 587,752. Pennsylvania took third place with 570,386.

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