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Super Group reports 13% Canadian revenue growth in Q1 2025

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Super Group’s Canadian revenue rose 13% year on year in Q1 2025, with most of the growth coming from provinces outside Ontario. Revenue in Ontario’s regulated commercial market increased 2%, while revenue in unregulated provinces rose 16%; chief executive Neal Menashe said the company was preparing for Alberta’s planned regulated market and awaiting its rules.

The split in Canadian growth and Super Group’s Alberta preparations inform operators’ assessment of the market’s expansion.

End-of-day close Super Group (SGHC), USD, to 23 June 2025
Story date25 March 202523 June 2025

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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Super Group CEO discusses UK market and acquisition plans

Super Group chief executive Neal Menashe discussed the UK market, potential acquisitions and lessons from Ontario. He said the operator’s patience on acquisitions should not be taken as a lack of intent.

Super Group remains interested in acquisitions despite its patient approach, according to chief executive Neal Menashe. He also discussed frustration with the UK market despite growth, as well as lessons from Ontario.

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