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Betway parent Super Group highlights H2 2021 performance ahead of New York listing

Ted Orme-Claye, SBC News · January 11, 2022 at 5:52 pm

Betway parent company Super Group has stated that it has achieved its 2021 commercial ambitions ahead of its planned US initial public offering, fulfilling financial predictions outlined in August of last year.

Publishing an update on its H2 2021 performance, Super Group detailed 2021 year-end revenue net gaming revenue of £1.53 billion, representing a year-on-year increase of 36%.

Meanwhile, the company’s EBITDA grew by 87% in comparison to the second half of the previous year, whilst the number of monthly active customers increased by 45% in the corresponding 2021 time period to an average of 2.7 million.

In particular, Super Group highlighted expansion for its Spin and Betway brands, which were able to launch in nine new regulated markets in 2021 in comparison to two in 2020, with the latter securing access in five US states.

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