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Super Group to Host Investor Day on Thursday, September 18, 2025

Yahoo

12-05-2025

Business
Yahoo

Super Group to Host Investor Day on Thursday, September 18, 2025

NEW YORK, May 12, 2025--(BUSINESS WIRE)--Super Group (SGHC) Limited (NYSE: SGHC) ("SGHC" or "Super Group"), the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering, announced that management will host an Investor Day on Thursday, September 18, 2025 at the Super Group offices in London. The event will also be available via webcast. The Investor Day will feature: Neal Menashe, Chief Executive Officer; Alinda Van Wyk, Chief Financial Officer; and various business leaders across Super Group. The presentations will offer an in-depth look at Super Group's business segments, strategic initiatives, and key opportunities aimed at enhancing shareholder value. The registration link for the live webcast and replay as well as other details regarding the event can be found on Super Group's investor relations website at Due to limited capacity, in-person attendance will be by invitation only for equity research analysts and institutional investors. A replay of the event will also be available following its conclusion. Once the presentation begins, financial information being discussed, along with a reconciliation of reported GAAP results to comparable and other non-GAAP financial measures, will be posted on the investor relations site. About Super Group (SGHC) Limited Super Group (SGHC) Limited is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in multiple jurisdictions, with leading positions in key markets throughout Europe, the Americas and Africa. The group's sports betting and online gaming offerings are underpinned by its leading technology and proprietary marketing and data analytics engine which empowers it to responsibly provide a unique and personalized customer experience. Super Group has been ranked number 6 in the EGR Power 50 for the last three years. For more information, visit View source version on Contacts Investors: investors@ Media: media@

Yahoo

12-05-2025

Business
Yahoo

Super Group to Host Investor Day on Thursday, September 18, 2025

Business Wire

12-05-2025

Business
Business Wire

Super Group to Host Investor Day on Thursday, September 18, 2025

NEW YORK--(BUSINESS WIRE)--Super Group (SGHC) Limited (NYSE: SGHC) ('SGHC' or 'Super Group'), the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering, announced that management will host an Investor Day on Thursday, September 18, 2025 at the Super Group offices in London. The event will also be available via webcast. The Investor Day will feature: Neal Menashe, Chief Executive Officer; Alinda Van Wyk, Chief Financial Officer; and various business leaders across Super Group. The presentations will offer an in-depth look at Super Group's business segments, strategic initiatives, and key opportunities aimed at enhancing shareholder value. The registration link for the live webcast and replay as well as other details regarding the event can be found on Super Group's investor relations website at Due to limited capacity, in-person attendance will be by invitation only for equity research analysts and institutional investors. A replay of the event will also be available following its conclusion. Once the presentation begins, financial information being discussed, along with a reconciliation of reported GAAP results to comparable and other non-GAAP financial measures, will be posted on the investor relations site. About Super Group (SGHC) Limited Super Group (SGHC) Limited is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in multiple jurisdictions, with leading positions in key markets throughout Europe, the Americas and Africa. The group's sports betting and online gaming offerings are underpinned by its leading technology and proprietary marketing and data analytics engine which empowers it to responsibly provide a unique and personalized customer experience. Super Group has been ranked number 6 in the EGR Power 50 for the last three years. For more information, visit

Yahoo

10-05-2025

Business
Yahoo

Q1 2025 SGHC Ltd Earnings Call

Nkem Ojougboh; Head, Investor Relations; SGHC Ltd Neal Menashe; Chief Executive Officer, Director; SGHC Ltd Alinda Van Wyk; Chief Financial Officer, Director; SGHC Ltd Jed Kelly; Analyst; Oppenheimer & Co., Inc. Jason Tilchen; Analyst; Canaccord Genuity LLC Clark Lampen; Analyst; BTIG Bernie McTernan; Analyst; Needham & Company, LLC Mike Hickey; Analyst; The Benchmark Company LLC Operator Hello everyone, and thank you for joining the Supergroup first quarter 2025 earnings webcast and conference call. My name is Lucy, and I'll be coordinating your call today. (Operator Instructions)I will now hand over to your host, Nkem Ojougboh, head of investor relations, to begin. Please go ahead. Nkem Ojougboh Good morning everyone, and thank you for joining us today to discuss Supergroup's results for the first quarter of this call, supergroup may make comments of a forward-looking nature that subject to risk, uncertainties, and other factors discussed further in this SC violence that could cause the actual results to differ materially from historical results of the company's assumes no responsibility to the forward-looking statements other than is required by today's call, Supergroup may refer to certain non-gap financial measures. These non-gap financial measures are in addition to and not a substitute for measures of financial performance prepared in the coin has provided a reconciliation of the non-gap financial measures to the most comparable GAAP figures in the press release issued yesterday and available on the investor relations page of the Supers addition, Supergroup has reported its financial results and metrics in two parts, highlighting Supergroup's profitable and cash generative global business separately from its investment into the US. This aligns with the annual guidance that Supergroup has provided for 2025. Going forward, Supergroup will report on the combined results. Supergroup recommends that investors refer to the supplementary presentation posted to the I'm joined by Neal Menashe, Chief Executive Officer, and Alinda Van Wyk, Chief Financial Officer. After her remarks, we will open the call up for now I'd like to turn the call over to Neal. Neal Menashe Thank you, Good morning everyone and welcome to Super Group's first quarter 2025 earnings kicked off 2025 with a powerful quarter delivering impressive growth in revenue and customer remain strategically focused on making smart adjustments to our global operations, cultivating our growth areas, enhancing our technology and product offerings, and spending wisely on operations and marketing, all while continuing to deliver meaningful shareholder we dig into our numbers, we have 4 important announcements. First, please join me in expressing our deepest thanks and gratitude to Richard Hasen, former President and CCO for everything that he has done for Supergroup over the last 13 years. It has been a super journey. We wish him every success in his next from today going forward, we will be reporting our financial results in US enhance comparability with our US listed peers and provide more relevant information to also from today going forward, our results presentation will be inclusive of our US business unless we are excited to reintroduce Supergroup to you at our upcoming today on Thursday, September 18th, 2025 in London. And we are eager to present our new office hub. This event will reflect the significant transformation that we have made since Super Group listed over 3 years out our numbers, we comfortably beat our internal ex US and US expectations for both total revenue and adjusted EBITDA for quarter 1 combined group delivered an all-time high first quarter total revenue of $517 million growing 25% year over year. Total combined group adjusted EBITDA, also a first quarter record, increased by 120% year over year to $111 million with a combined margin of approximately 22%.We delivered all of this. Without compromising our strategy of reinvesting for growth, with a marketing ratio of 26% of net revenue. Growth was fueled by exceptional wages for both sports betting up 7% year over year, and casino up 23% year over revenue ex the US was the highest first quarter ever, growing 24% year over year to $502 EBITDA the US grew 62% to $121 million with a margin of 24% analyzing the ex US numbers, key drivers were as follows. Africans grew 54% year over year, driven by steady development in South Africa, Ghana, Malawi, and the recent launch of is off to the races as one of the most successful launches we have ever seen, while Nigeria is receiving strategic attention that we believe will be Africa, casino and sports were up 31% and 38% year over year, respectively thanks to continued growth in our customer base and the strength of our market leading global end result is that we continue to occupy podium positions in multiple markets across the was up 53% year over year. The UK continues to be a bright spot, with revenue up 87% thanks to strong growth from Jackpot City and Beway, together with improved marketing and product experience. Spain is up 20% over the same period due to growth in casino, as well as the relaxation of the royal decree around sponsorship and Canada grew 13% year over year. Ontario grew 2%, while the rest of Canada grew 16% over the same performance highlights the continued strength of our brands across Canada, where profitability remains very good. We maintain tight control of overheads and are holding marketing spend stable as a percentage of revenue in Alberta, we are preparing for a potential launch of local regulations in APEC was significantly affected by currency weakness and the closure of non-performing markets, ending down 13% year over year. Our largest market in APEC is New Zealand, which was in line with last year in constant currency, but down 7% year over year in dollar in New Zealand is constrained by regulatory limits on marketing, but we believe that we have plans in place to address this in order to return New Zealand to the EBITDA level, this quarter clearly shows how the operating leverage inherent within our business fuels scalable and profitable growth. As our established markets reach scale, a substantial portion of every incremental dollar of revenue converts to super profits at our bottom aggressively reinvesting our existing footprints and maintaining a disciplined cost structure, we are driving sustainable margin expansion, and we expect this trend to the US, our iGaming business is progressing according to plan. First quarter 2025 picked up from fourth quarter 2024, with EBITDA improving to a $10 million loss in quarter 1 2025 from an $11 million loss in quarter 4 March 2025, we introduced Spin Palace Casino in New Jersey and Pennsylvania, replacing our sports-focused brand Betway. We are monitoring what a proposed tax hike in New Jersey could mean for profitability, but we are currently satisfied with the progress of the US business. We are meeting our KPI goals and remain on track for expect to break even in are really pleased with the new records we set this quarter, including a new high for unique monthly active customers which averaged $5.4 million for the a new record for total sports wage ex India, which reached $899 million for the quarter, up 7% year over year, even while gross margins in the sports book improved from 11.1% in quarter 1 2024 to 13.8% in quarter 1 balance sheet remains stellar as we finish this quarter with unrestricted cash of $351 million and no debt. In February, you'll recall that we increased our minimum quarterly dividend target to $0.04 per share, which resulted in $20 million being declared and paid to our shareholders at the end of March 2025. In the last 12 months, we have returned $146 million to our shareholders. This highlights a very strong free cash flow to guidance, on February 25th, 2025, we guided to fiscal year group revenue of greater than EUR1.915 billion and group adjusted EBITDA of greater than EUR400 million. In dollar terms, converted at the average rate for the first quarter of 2025 of 1.052, that's equivalent to combined total revenue of greater than $2 billion. And adjusted EBITDA of greater than $421 million. So today we are maintaining our Supergroup does not update guidance on a quarterly basis, but we do continuously assess performance as the year progresses. They're not factored into our guidance, we continue to see opportunities and potential for further growth in markets, both inside and outside of our current closing, April was another super month across the board in Africa, Canada, Europe, APEC, and the US. The second quarter is therefore off to a great start. We are growing consistently with an iron op opportunity and the technology to support, retain and attract customers around the world. We are excited about the year ahead.I will now turn the call over to the operator to open the call up for questions. Operator. Operator Thank you. To ask a question, please press star followed by 1 on your telephone keypad now. If you change your mind, please press star followed by 2. When preparing to ask your question, please ensure your device is unmuted first question is from Jed Kelly of Oppenheimer. Jed, your line is now open. Please go ahead. Jed Kelly Hey, great, thanks for taking my question and nice job on the corner just looking at sports and looking at the presentation, it looks like your handle ex the US was up 14%.So, can you just expound like what what's working there and then just circling back to the US, seeing a lot of good revenue growth, but you are seeing some of the like you know some of the products with. Land-based Presidents start to increase their share as well in states like New Jersey. Can you just talk about how you're thinking about, the US competitively given that, you're competing with some more well-known brands and, products with a land-based partnership. Thanks. Neal Menashe Okay, so simply sports is obviously sports is all about the product as well. So we've had huge product development across the world and as we deploy this in we get more engagement with our customers and of course we've got this huge marketing budget that as we make that more effective, you get more people into the I think that's all a process of keeping the customers engaged. And then of course as 80% of our business is actually casino, right, even from the sports customers mixed up with the better ones with the spin. So we're seeing good traction there. When it comes to the US again our stuff is we only do casino and we compete with land-based casinos all over the world and What we are doing, we're enhancing the product offering there, as we launched with Spin Palace Casino which took over from now we've got jackpot City and Spin Palace Casino in New Jersey and Pennsylvania, and we've got more enhancements coming and we've got good marketing. And then what we have to do is Remember for us to break even is a much lesser amount as time goes on, so we are getting closer to what we believe is our net revenue that we can then our operating leverage can then kick in after that. But it's all about the product, it's all about the marketing, it's all about the efficiencies, and that's what we're all about. Jed Kelly Okay great and then just my follow up just on Alberta potentially going legal at you know at the beginning of next year, can you sort of talk about how you're going to approach that market and some of the strategies you might have learned from the Ontario launch? Thanks. Neal Menashe Yes, so, Alberta, according to us, it might only be the la latter half of 2026 just based on where the regulation is currently, but we learned how we migrate our customers' databases from Ontario. And we've learned what maybe we didn't do correctly then, and we will never make the same mistake twice. And that's that that that's how we've always done so. So we wait for it, the products being built ready. We wait for all the rigs and we know exactly what we need to do there. Jed Kelly Thank you and good quarter. Neal Menashe Thanks. Operator Jason Tilchen,Canaccord Genuity LLC Jason Tilchen Thanks. Good morning and thanks for taking the question. Africa has been a really key growth driver for the company over the past year or two. I'm just wondering, if you talk a little bit high level first, how much growth you still think is in the existing you've been operating in for some time versus sort of growth is going to come from some of the Newer markets that you're planning on entering going forward and you talk a little bit specifically around the competitive landscape in Nigeria, how that's different from other markets and you talked about strategic attention being put there, what sort of that entails going forward. Thanks. Neal Menashe So I think obviously Africa has been a great continent for us, but remember it's made up of lots of countries. Every country we're in, it's all about the products, the offering, the banking, the marketing, and as we keep on tweaking all of those is we are seeing good remember we've also launched our jackpot City casino in some of the markets. We haven't even gone into all of them yet, so. And then understanding that Botswana is a new market and we go in there, the product's really good and it really got off to a flying start and as the listen there are lots of other markets in our pipeline, but we have to make sure the taxes are right, the banking is right in order for it to be operationally profitable for we see huge potential. The continent is massive, it's a growing population of customers turning 18 and 21 every year, a few percentage. New customers coming on board and our brands are resonating there with all our global marketing spend and then the localized. Nigeria is a bit more complicated, I think for us there is the product is not up to have to fix some of them, make it more localized, which we're on. We've seen unbelievable traction in South Africa. Ghana, Tanzania, localizing the product, but again there's always these tweets and so for us it's just the beginning. As these product offerings come as we can develop them and deploy them in the markets one by one. So we've got a lot, a big pipeline of new countries to come, but we're only going to bring them on as we know that all the stuff, all the metrics make sense in that market for us. Jason Tilchen Okay, very helpful. And I guess a quick follow up there. You mentioned Jackpot City in the context of Africa. You've also been seeing really strong performance in New Jersey relative to the Betway brand since you launched there. I'm just wondering if you could share a little bit more about what differentiates Jackpot City and why you've seen such strong results with that brand and how that's resonating. Neal Menashe Okay, so remember our thesis has always been a customer who bets on Betway and then goes and sports and then plays casino is a different customer to someone who's only looking for a pure play casino.A pure play cain and we've got a lot of them, but jackpot City is the biggest one. I think the brand, everything to do with it resonates. It's been in Canada a long time, so we brought all over, we brought it to the UK, so we are seeing great traction again, that's the branding of the worldwide branding also that is a totally different customer base and then we'll open new ones as we've got Spin Palace, casino, other ones, etc. So that's always been our strategy. I have to remind people that's where we started this business. Started with Jackpot City, Spin Palace, etc. And we're now just bringing that to more thank you very. Operator Clark Lampen, BTIG Clark Lampen Thanks very much. I've got a couple here. I'll start on Africa, Neil. I wanted to see if you could help us frame performance sort of between your impressive 54% growth. Was performance disproportionately levered to one specific territory? And then as we're thinking about expansion in Africa over the balance of the year, I'm curious, I guess you talked about banking payment processing the sort of basic ingredients for success across markets and with new markets in particular sort of consistent such that, you're hitting the ground running and ramping in new territory faster than you did in the past and we'll do so again in the future or Is each territory so distinct and different that we shouldn't necessarily draw a line between Botswana performance and maybe what you might be able to achieve with the next launch? Neal Menashe Okay, so firstly, we don't break it down by country, but our podium positions as you can see on our presentation, South Africa, Ghana, etc. We are seeing good growth in in all of those. All of our markets actually even including Nigeria are all profitable, right? So what's happening really is that extra revenue is really flying down to the bottom what we have to Keep doing is keep enhancing the product, keep getting all the new features. We've got brilliant features that we roll out, but the tech there allows us if we roll out a feature in let's say South Africa or Ghana, we can roll it out in Tanzania, etc. So that's helping a lot when it comes to the banking and the regs, each country is different. Obviously we I think we have 150 different integrations of banking products across the whole of Africa and we're quick to market new ones that come out and also I think the banks and the telcos and everyone want to work with us because the brand is so big and it resonates because remember the strategy here. The strategy has been is that soccer is the number one sport and then you've got obviously basketball, but we are all over the English Premier League and the Spanish league, so they've seen the brand all the time. Then we do the individual marketing on the TVs on Google where we can do But that is just resonating and then the customer service, how quickly we pay up the customers, the integrations into the banking systems for fast payments. This is what it's all about, and it's navigating the regs, right? So I think we've really got, and I always tell people we've got one team that looks after we've broken the world. We've divided and conquered the world, and this is why we're able to do this. So we've got a team doing Africa, the team doing the rest of Betway Global as we call it, the team doing spin, and it spins broken down with the various brands. So this is allowing us to get access quickly into these markets and keep enhancing. Alinda Van Wyk And just to add the Clark, I just want to also reference Africa is 13 out of the 20 fastest growing economies in the world at the moment, and the scale also with what the population is growing so. It just gives us that scale for expansion as well and with processing and the regulation, it's also a much more friendlier regulation than, for example, the USA and we've been for the last 15 years been dealing with every country's regulation, side by side, and that's been helping a lot with expansion. Clark Lampen Thank you, that's helpful. If I may ask, as a follow up question on the US iGaming push, I'm curious if you guys could share a little more detail around the experience in New Jersey and PA so far and whether you might be open to either launching additional brands in those same states as a means of accentuating the current push or if we were to see some expansion, would you prefer to build a presence in additional, sort of legal markets in the you. Neal Menashe Okay, so what we're seeing there is I think like I think $15 million for the quarter, so it's $5 million a month. We are getting there. The break even obviously in those two states is higher net iGaming revenue need compared to other ones because you've got the partner fees along the way with the land base. And some other we're not far off getting to the revenue that we need to be breaking even. So we're seeing good traction. What we have to do is we can, we've still got marketing to spend there. We can buy other things along the way, bolt on acquisitions to help us grow that revenue. So for us I think it's a much better place to be just for iGaming. Sports is we're just going to make it one that probably did. Away from us is Michigan. The only issue we have in Michigan is that it was very expensive to get a license originally, right? So unless that price comes down for the entry cost was too high. But so there's lots we can do, yes, we could launch one or two more casino brands, but let's see how these I think 2 at the moment is good. Clark Lampen Enough. Appreciate the call. Thank. Operator Bernie McTernan, Needham & Company, LLC. Bernie McTernan Great, thanks for taking the question. I want to ask to follow up on Africa and as I look at, slide date which shows your net revenue by geography and how Africa has grown from 37% last first quarter to 39% this large do you think you can get, considering the strong growth, growing 54%, how large do you think you can get in terms of your, the total mix of the global pie and then I follow up. Neal Menashe Listen, it's all about the tans and stuff, but remember the secret for Africa is that every bit of extra revenue is super profitable. So actually, if we grow revenue by 30%, you could almost 40%, you could almost double your profits there, right?This is a beautiful part of it. So what we have to do is maintain where we are and grow and open and open the new markets. So for us it's about again, it's not only about the revenue, it's the profitable revenue. And this is what we've learned that one thing I think we did wrong in the past which we turned around is we were in too many were in so many countries and then then then your whole tech stack is. Is you can't deliver per market. So I think we've learned that lesson. We know what we're going and plus you can see with our guidance, etc. Is these markets are growing and will continue to grow. And we've got the marketing budget and that's very important in all my we spend 26% of our net iGaming revenue on marketing. Just so you know some of our competitors are at 15% at 18%. I can remind everyone that if we were let's say 20%, we would have brought another $150 million to the bottom line for this we knowing we're getting the returns and that's the secret. So we've got what I say petrol in the tank to be able to compete. We've got $450 million a year. The question is where are we spending it and how are we spending it and in which countries? And that's what and I have to work with all the CEOs of our various businesses every month, understanding, are we giving them enough and are they returning. Bernie McTernan Understood. And just to double check there, so the incremental margins in Africa are higher than your global averages. Neal Menashe Yeah, yes, and then just. Bernie McTernan Wanted to ask about, puts and takes on the guidance for the rest of the year and just is there anything we, whether it's [4 coms] or anything else we need to be thinking about from a comparability perspective, just, given the really strong one here and the guide and change for the year. Alinda Van Wyk Yeah, around the guidance, remember we don't monitor guidance on a quarterly basis. We assess the year as it goes on and we will give an update after quarter 2 on guidance. Neal Menashe But I think if you take the season to prior you take the seasonality compared to prior years, you can see it how it is like for example, if you're going to quarter 2 now, is that football or soccer being our number one sport, all the leagues are finishing now in May, which means June and July your marketing budgets are got you. Operator Mike Hickey,The Benchmark Company LLC Mike Hickey Awesome thanks Neil and, congratulations on a great for taking our questions. Let me know if you can't hear me. I'll switch off these earbuds. They don't work anyway, okay, thanks, Neil. The, obviously you've you highlighted great podium positions in in key African markets, Neil, can you sort of quantify your market share in your biggest markets like South Africa? Just trying to figure out how concentrated the revenue is with within those top markets for you. Neal Menashe Yeah, they, I mean they don't publish. I mean you can get some reports, but like I mean South Africa and Ghana, I mean South Africa maybe you know 30-40% of the market share, whatever the numbers are, but it's hard to quantify them because they don't report like the UK or like Ontario and stuff like that. But then the corollary of that is like in the UK we are still small, even though we've got good so much growth there. That's why you're seeing a growth as we fix the marketing efficiencies and the products, you must understand as we drop these little items in each of these markets, we're seeing incremental revenue increase and that's what we're fighting about and that's really how by cutting off markets like Portugal, Belgium, France, etc. We've freed up the pipeline to deliver on the market where we need to be delivering on. And I think that's where we're seeing huge upside and it's a profitable upside. Mike Hickey Right outside the I guess, obviously you're on a global business here within competitive to the other markets you, is Africa in terms of promotional intensity and The pricing perspective and you're sort of highlighting here, I think for everyone else, how incredible Africa is for an online iGaming market, would you expect more entrants competitively coming into the region and this year or next year? Neal Menashe Listen, I think there's always new entrants coming in all the markets we operate in, but again in the markets where we've got podium positions, you probably have to think of us like what fan jewel and draftings are to the especially from the sports side of things, right? And it's bringing the customers and it's all about the brand resonance and you've got the customer base that that you're building on. So every so every month, every time it's the end of the month and it's payday, seeing big volumes coming into the system and we've got the same in Canada in our Positions there, etc. So it's working all of those to effectively in our business. So yes, there's always competition. How do you solve competition really simple. We become super-efficient, but we are on it's not about cost, it's not about driving down costs. It's becoming efficient with the cost that you're CRM, whether it's in risk management, whether in processing fees, and then the big one is how do you become efficient on your funnel of marketing. If you're open to actors are converting at a certain percentage in each market, how do you make that better?What new products can we do? How do we scale, for example, now if we have to double the business, we don't have to hire double the amount of people. That's the key, and it's understanding all these metrics and remember for 25 years we've built these businesses on return on marketing. Now we're into the best having the best people in the right seats to deliver us in those markets. And if they're not and they don't deliver us in the markets, we have to find the people who will deliver and that's I think been a fundamental change. Mike Hickey Yeah, how do the Tax receipts African markets and how you see the long term stability. Alinda Van Wyk It might be the tax as we stated, Africa is a very regulated business and it's always work very closely with the tax authorities to make sure that they understand the industry and that there's fair tax for both from the revenue side and the operator very consistent. We've seen once or twice the tax has been. Increased, but it's always been done within reason for the industry and I think that's been the success, the regulator talks to the revenue authorities and to the operators, and every country is a taxpaying country. And I think every country is happy to have iGaming operators for income into their remits. Neal Menashe Our big thing across the world is actually not really one, it's the black market. It's does the regulators where we pay our taxes regulate the black market. I mean, the prime example I keep giving is that they think they're collecting great money in Germany, but they're not because all our revenues are down because they allow the black operators to No tax and have no deposit that's far worse. You've got to regulate both sides of the coin and that's what we've been working with all the markets we're in now with whether you've got the BGC in the UK we're even establishing some of those kind of things in other markets because the industry has to, you have to explain to the governments what they're doing, right, and how the black market is actually a far bigger risk than anything else because then the customers have got zero protection. Mike Hickey Last question from us I just want to clarify, do you expect what I guess how impactful was the one for the quarter. And would you expect sort of number one or sort of pop market sharing in this market after it sort of shakes out here after a couple quarters and then here is if you expect any other new markets to open here for you in the medium term within Africa. Thanks guys. Neal Menashe So Botswana was only launched in February. So it's listen, it's a small country. It's right next to South Africa. I think the brand awareness has been really good and I think the product's really good. So yes, so it's been early days in in in terms of affecting the quarter, right? But I think it's off to a great start and that's what we need to we've got a few other markets, etc. We Looking at Ethiopia, Ivory Coast, Angola, etc. We've got a lot in the pipeline, but we've just got to make sure that that we can first of all deliver all of them correctly and most importantly that the taxes and the repatriation of the money out of those countries works for we are always on this. We've got other countries we are looking at as well, but we've just got to make sure that it makes profitable sense to do it. So we've still got lots of pipeline there. And we're not even in most of those countries in in North Africa, etc. Or the west coast, etc. There. So there's a lot of opportunity there's a lot of opportunity in Canada, Alberta, all of them coming right, so they're really a Spain, New Zealand's another interesting one for in New Zealand just to end off, they are looking at regulating so we are and we have pulled back on some of the marketing that that the regulator says you shouldn't do on TV and so that has had a bit of an impact, but we've done it carefully because we will secure we want to secure a license there going forward, and that's again to be another market that then is good for expansion as well. Mike Hickey I mean, when you look at new markets, you've got a great balance sheet here. Do you still think of sort of taking an organic approach to new market entry, or do you think you're in a better position today given your success and your balance sheet and your cash flow to maybe do some M&A, maybe something transformative. Neal Menashe We agree. I said that for like even New Jersey, Pennsylvania, we have the cash flow. We can buy anyone we want. Must be the right price and the right fit, and we're all over this. We always are continually looking at stuff, etc. Right? So I, we fully agree, but it's got to be the right fit and it's got to make sense for the business. But yes, we can definitely buy some operators all over the globe. Mike Hickey Just as a follow up, I mean, would you look to do something M&A within the US or do you still sort of want to grind out on your current path? Well. Neal Menashe We'll see what's out there, we're always looking at the process to be both ways. And so yeah, so, but I also think now you, I think our performance shows we on it. That this is a formidable company and we've got the cash, we've got no can get debt facilities if we want. We've got everything available to us. We're working all of us. I think one of the big things was this quarter was going in US dollars. It just makes it easier and you can see it and we've got a big marketing budget, so we've got everything. It's just how we deploy this. And we're working every day to deploy this in the most cost effective and profitable way. Mike Hickey At email perfect. Appreciate you. Neal Menashe Guys. Thank. Operator We can We have no further questions, so I hand back to Neil Menashe, CEO for closing remarks. Neal Menashe Okay, so thanks everyone. Thanks for joining. We'll talk to you in August when we release our 2nd quarter results, and we're really looking forward to meeting all of you today on September 18th in you. Operator This concludes today's you for joining. You may now disconnect your lines. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Business Wire

05-05-2025

Business
Business Wire

Super Group to Participate in Upcoming Investor Conferences

NEW YORK--(BUSINESS WIRE)--Super Group (SGHC) Limited (NYSE: SGHC) ('SGHC' or 'Super Group'), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, announced today that management will attend the following upcoming investor conferences. The Benchmark Company Non-Deal Roadshow May 9, 2025 – Virtual Attendees: Neal Menashe, Chief Executive Officer, Alinda Van Wyk, Chief Financial Officer and Nkem Ojougboh, Head of Investor Relations Needham Technology, Media & Consumer Conference May 12, 2025 – Virtual Attendees: Neal Menashe, Chief Executive Officer, Alinda Van Wyk, Chief Financial Officer and Nkem Ojougboh, Head of Investor Relations For further information, or to schedule a meeting with management, please contact a representative of the appropriate firm. About Super Group (SGHC) Limited Super Group (SGHC) Limited is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in multiple jurisdictions, with leading positions in key markets throughout Europe, the Americas and Africa. The group's sports betting and online gaming offerings are underpinned by its scale and leading technology, enabling fast and effective entry into new markets. Its proprietary marketing and data analytics engine empowers it to responsibly provide a unique and personalized customer experience. Super Group has been ranked number 6 in the EGR Power 50 for the last two years. For more information, visit

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