Super Group to Participate in the 25th Annual Needham Virtual Growth Conference

Rhea-AI Summary

Super Group (SGHC) Limited, parent company of leading online sports betting brand Betway and multi-brand casino Spin, announced its participation in the 25th Annual Needham Virtual Growth Conference on January 12, 2023, at 9:30 a.m. ET. Key executives, including CEO Neal Menashe and CFO Alinda van Wyk, will present and discuss Super Group's robust positioning in the online gaming market. Alinda van Wyk highlighted SGHC's profitability in 2022 despite various global challenges, aligning with their prior guidance. A live webcast of the event will be available on their Investor Relations website.

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, today announced that management will participate in the 25^th Annual Needham Virtual Growth Conference on Thursday, January 12, 2023.

Neal Menashe, Chief Executive Officer, Richard Hasson, President & Chief Operating Officer, and Alinda van Wyk, Chief Financial Officer, will present on Thursday, January 12, 2023, at 9:30 a.m. ET. A live webcast and replay of the presentation will be available on the Super Group Investor Relations website https://sghc.com/investors.

Alinda van Wyk, Chief Financial Officer of Super Group, commented, “We look forward to the Needham Growth Conference where we will present how Super Group remains uniquely positioned in the global online gaming universe.” Ms van Wyk continued, “Despite a variety of headwinds around the world, SGHC remained profitable in 2022 and we believe our results will be in-line with our previously stated guidance.”

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. For more information, visit www.sghc.com.

Forward-Looking Statements
Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.

These forward-looking statements include, but are not limited to, statements regarding Super Group’s financial results for the full year 2022, cost-reduction efforts, growth and profitability and expansion into new markets. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “pipeline,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to (i) the ability to implement business plans, forecasts and other expectations, and identify and realize additional opportunities; (ii) the ability to maintain the listing of Super Group’s securities on a national securities exchange; (iii) changes in the competitive and regulated industries in which Super Group operates; (iv) variations in operating performance across competitors; (v) changes in laws and regulations affecting Super Group’s business; (vi) Super Group’s inability to meet or exceed its financial projections; (vii) changes in general economic conditions, including as a result of the COVID-19 pandemic; (viii) changes in domestic and foreign business, market, financial, political and legal conditions; (ix) future global, regional or local economic and market conditions affecting the sports betting and gaming industry; (x) changes in existing laws and regulations, or their interpretation or enforcement, or the regulatory climate with respect to the sports betting and gaming industry; (xi) the ability of Super Group’s customers to deposit funds in order to participate in Super Group’s gaming products; (xii) compliance with regulatory requirements in a particular regulated jurisdiction, or Super Group’s ability to successfully obtain a license or permit applied for in a particular regulated jurisdiction, or maintain, renew or expand existing licenses; (xiii) the technological solutions Super Group has in place to block customers in certain jurisdictions, including jurisdictions where Super Group’s business is illegal, or which are sanctioned by countries in which Super Group operates from accessing its offerings; (xiv) Super Group’s ability to restrict and manage betting limits at the individual customer level based on individual customer profiles and risk level to the enterprise; (xv) the ability by Super Group’s key executives, certain employees or other individuals related to the business, including significant shareholders, to obtain the necessary licenses or comply with individual regulatory obligations in certain jurisdictions; (xvi) protection or enforcement of Super Group’s intellectual property rights, the confidentiality of its trade secrets and confidential information, or the costs involved in protecting or enforcing Super Group’s intellectual property rights and confidential information; (xvii) compliance with applicable data protection and privacy laws in Super Group’s collection, storage and use, including sharing and international transfers, of personal data; (xviii) failures, errors, defects or disruptions in Super Group’s information technology and other systems and platforms; (xix) Super Group’s ability to develop new products, services, and solutions, bring them to market in a timely manner, and make enhancements to its platform; (xx) Super Group’s ability to maintain and grow its market share, including its ability to enter new markets and acquire and retain paying customers; (xxi) the success, including win or hold rates, of existing and future online betting and gaming products; (xxii) competition within the broader entertainment industry; (xxiii) Super Group’s reliance on strategic relationships with land based casinos, sports teams, event planners, local licensing partners and advertisers; (xxiv) events or media coverage relating to, or the popularity of, online betting and gaming industry; (xxv) trading, liability management and pricing risk related to Super Group’s participation in the sports betting and gaming industry; (xxvi) accessibility to the services of banks, credit card issuers and payment processing services providers due to the nature of Super Group’s business; (xxvii) the regulatory approvals related to proposed acquisitions and the integration of the acquired businesses; and (xxviii) other risks and uncertainties included under the heading “Risk Factors” in our Annual Report on Form 20-F filed with the SEC on April 20, 2022, and in Super Group’s other filings with the SEC from time to time. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in other documents filed or that may be filed by Super Group from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Super Group assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Super Group does not give any assurance that it will achieve its expectations.

Category: Corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005830/en/

Investors:

investors@sghc.com

Media:

media@sghc.com

Source: Super Group

FAQ

When will Super Group (SGHC) participate in the Needham Virtual Growth Conference?

Super Group (SGHC) will participate in the Needham Virtual Growth Conference on January 12, 2023, at 9:30 a.m. ET.

Who will present at the Needham Virtual Growth Conference for SGHC?

CEO Neal Menashe, President Richard Hasson, and CFO Alinda van Wyk will represent Super Group at the conference.

How did Super Group (SGHC) perform financially in 2022?

Super Group remained profitable in 2022, despite various global headwinds.

Where can I watch the Super Group conference presentation?

The live webcast and replay of Super Group's presentation will be available on their Investor Relations website.

What companies are under Super Group (SGHC)?

Super Group (SGHC) is the parent company of Betway and Spin, major players in online sports betting and gaming.