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Super Group plans US sportsbook exit while retaining casino operations

Business

Super Group said it plans to leave the US sports betting market and focus on online casino gaming in New Jersey and Pennsylvania. The company cited its assessment that the sportsbook product has no long-term path to profitability; it gave no timetable for Betway’s full exit. Super Group said it expects exit costs across multiple jurisdictions but does not expect them to affect its previously stated capital allocation or operating plans.

Super Group plans to leave US sports betting without a timetable for Betway’s full exit, while expecting costs across jurisdictions.

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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