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Super Group (SGHC) Limited - SGHC STOCK NEWS

Welcome to our dedicated page for Super Group (SGHC) news (Ticker: SGHC), a resource for investors and traders seeking the latest updates and insights on Super Group (SGHC) stock.

Super Group (SGHC) Limited, symbol SGHC, is a distinguished holding company that operates leading global online sports betting and gaming businesses. The company oversees two major segments: Betway and Spin, which have positioned themselves as powerful entities within the digital betting and gaming industry.

Betway is a premier online sports betting brand with a global footprint. Known for its user-friendly interface and wide range of sports markets, Betway has secured strategic partnerships with various sports teams and leagues internationally. These partnerships not only enhance Betway's market presence but also help in the recovery of sponsorship marketing expenditures through brand license agreements. This segment accounts for the majority of Super Group's revenue, highlighting its significance within the company's portfolio.

On the other hand, Spin is a multi-brand online casino offering a diverse selection of games that cater to different player preferences. Spin operates multiple online casino brands, providing an engaging and secure gaming experience to its users. This segment complements Betway’s offerings, ensuring that Super Group covers a broad spectrum of the online gaming market.

Super Group has attained recent milestones that emphasize its growth and strategic direction. The company has consistently expanded its market reach and improved its financial standing. Through continuous innovation, customer-centric services, and strategic partnerships, Super Group has bolstered its position in the highly competitive market of online sports betting and gaming.

For investors and stakeholders, Super Group's robust business model and diversified revenue streams present a promising financial outlook. The company’s dedication to responsible gaming and compliance with regulatory standards further solidifies its reputation and operational integrity.

Stay updated with the latest news and developments about Super Group to understand their performance, events, and ongoing projects.

News

Super Group to Report First Quarter 2024 Financial Results

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Super Group (SGHC) , the parent company of Betway and Spin, will report its first quarter 2024 financial results on May 8, 2024. A conference call and webcast will follow to discuss the results.
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Super Group Reports Financial Results for Fourth Quarter 2023 and Full Year 2023

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Super Group (SGHC) Limited reports record revenue of €1.4 billion for full year 2023, exceeding guidance, with a profit before tax of €16.8 million and a loss before tax of €44.9 million for the fourth quarter. Operational EBITDA ex-US of €254.7 million for the year surpassed guidance. The company achieved milestones in revenue, customer numbers, and deposits, positioning itself as a growing online sports betting and iGaming operator.
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Super Group to Report Fourth Quarter and Full Year 2023 Financial Results

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Super Group (SGHC) Limited to Report Q4 and Full Year 2023 Financial Results on March 6, 2024
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News

Super Group Comments on the Strength of the Business in 2023

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Super Group (SGHC) Limited (NYSE: SGHC) presented at the Needham Growth Conference on January 16 at 8:45 AM ET. CEO Neal Menashe stated that they closed the year strong and reiterated their 2023 ex-US financial guidance of revenue of (EUR) 1.35 billion and operational EBITDA of at least (EUR) 240 million. They set annual records for deposits and net gaming revenue and achieved a new record for unique monthly active customers in the fourth quarter. The growth in Africa continues, and there is a resumption of growth in Canada, offsetting the impact of regulatory changes in India. In the US, their net EBITDA investment for the year will be less than the (EUR) 70 million previously communicated. They are optimistic.
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Super Group to Participate in the 26th Annual Needham Virtual Growth Conference

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Super Group (SGHC) Limited (NYSE: SGHC) announced its participation in the 26th Annual Needham Virtual Growth Conference. Neal Menashe, CEO, Richard Hasson, President & COO, and Alinda van Wyk, CFO, will participate in a fireside chat on January 16, 2024, at 8:45 AM ET. The live webcast and replay will be available on the Super Group Investor Relations site. For further information or to schedule a meeting with management, please contact your Needham representative.
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Super Group Reports Third Quarter 2023 Financial Results

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SGHC: Super Group Announces Record Third Quarter Revenue of €356.9 Million, with 16% Growth. Operational EBITDA Ex-US of €64.1 Million. Customer Numbers and Deposits Reach All-Time Highs. Betway and Spin Revenue by Geographical Region and Product Line. Financial Highlights and Non-GAAP Financial Information.
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Super Group to Report Third Quarter 2023 Financial Results

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Super Group (SGHC) Limited will report financial results for the third quarter 2023 on November 9, 2023. A conference call and webcast will be held to discuss the results.
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SGHC Announces Exit from India and Reaffirms 2023 Financial Forecast

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Super Group (SGHC) Limited has ceased providing services to the Indian market due to changes in the Indian Goods and Services Tax, effective from October 1, 2023. The company reaffirms its full-year financial projections despite this development.
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Super Group’s Betway becomes Global Betting Partner of Arsenal

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Super Group Limited announces Betway as Official Global Betting Partner of Arsenal men's team
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Super Group Reports Second Quarter 2023 Financial Results

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Super Group (SGHC) reported Q2 2023 revenue of €380.8 million, a 19% increase YoY. Operational EBITDA was €70.0 million, with a loss of €12.6 million in the US. Monthly active customer numbers reached 3.7 million, a 40% increase YoY.
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FAQ

What is the current stock price of Super Group (SGHC) (SGHC)?

The current stock price of Super Group (SGHC) (SGHC) is $6.1 as of December 28, 2024.

What is the market cap of Super Group (SGHC) (SGHC)?

The market cap of Super Group (SGHC) (SGHC) is approximately 3.1B.

What is Super Group (SGHC) Limited?

Super Group (SGHC) Limited is a holding company that operates global online sports betting and gaming businesses, including Betway and Spin.

What are the main segments of Super Group?

The main segments of Super Group are Betway, an online sports betting brand, and Spin, a multi-brand online casino offering.

How does Betway generate revenue?

Betway generates revenue through its online sportsbook business, strategic partnerships with sports teams and leagues, and brand license agreements.

What services does Spin provide?

Spin provides a diverse range of online casino games across multiple brands, catering to varied player preferences.

What recent achievements has Super Group made?

Super Group has expanded its market reach, improved its financial standing, and formed strategic partnerships to strengthen its market position.

Why is Betway significant for Super Group?

Betway is significant because it accounts for the majority of Super Group's revenue and has a strong global presence.

What makes Spin unique?

Spin is unique due to its multi-brand approach, offering a wide variety of online casino games to meet different player preferences.

How does Super Group ensure responsible gaming?

Super Group ensures responsible gaming by adhering to regulatory standards and implementing measures to promote safe and secure gaming practices.

What is the financial outlook for Super Group?

Super Group's diversified revenue streams and robust business model present a promising financial outlook for investors and stakeholders.

Where can I find the latest updates on Super Group?

You can stay informed about the latest updates on Super Group by following their news releases and monitoring their performance and developments.
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Super Group (SGHC) Limited

NYSE:SGHC

SGHC Rankings

#1652 Ranked by Market Cap
#2186 Ranked by Dividends

SGHC Stock Data

3.06B
145.06M
71.07%
7.37%
0.35%
Gambling
Consumer Cyclical
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United States of America
Saint Peter Port