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Super Group Now Projects FY25 Ex-U.S. Revenue To Exceed $2B Vs Prior Guidance Of $1.925B And Adjusted EBITDA In Excess Of $480M Vs. Prior Guidance Of $457M

Benzinga·07/08/2025 12:42:55
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  • Record second quarter performance driven by strong sports results, pricing optimization, robust customer engagement and operational improvements
  • Raising full-year 2025 guidance: Ex-U.S. revenue expected to exceed $2.0 billion and Adjusted EBITDA in excess of $480 million
  • Intention to exit U.S. iGaming following recent regulatory shifts impacting long-term U.S. expected profitability, underscoring disciplined capital allocation and sharper focus on core markets
  • One-time restructuring cash cost related to the anticipated U.S. iGaming exit approximately between $30 million to $40 million; cost savings expected to begin in 2026
  • Full Q2 update will be provided in August and longer-term outlook to be presented at Investor Day on September 18, 2025, in London, U.K.

Super Group (SGHC) Limited (NYSE:SGHC) ("SGHC," the "Group" 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, today provided an update for its second quarter performance, raised 2025 guidance and announced its intention to exit from the U.S. as part of an ongoing strategic review to streamline operations and enhance long-term shareholder value.

As a result, Super Group is pleased to announce that 2Q 2025 is expected to be the strongest quarter in the Group's history. This continued and diversified strength increases confidence in the full-year outlook for 2025, and the Group is raising Ex-U.S. guidance accordingly:

  • Total revenue is now expected to exceed $2.0 billion vs. prior guidance of $1.925 billion
  • Total Adjusted EBITDA is now expected in excess of $480 million vs. prior guidance of $457 million