Super Group (SGHC)
Operator of Betway sports betting and Spin's multi-brand online casinos.
Something off on this page? Send us feedback.
Runs Betway for online sports betting and casino play, alongside Spin's and Jumpman's multi-brand online casinos. Revenue comes mostly from casino gaming, with sports betting and Betway brand licensing contributing the rest; operations are managed through Africa and International segments and depend on jurisdiction-specific gambling licenses.
Operates Betway, a single-brand online sportsbook and casino, plus Spin's multi-brand online casinos and Jumpman's UK-focused casino and white-label sites. Revenue comes mostly from online casino play, with sports betting and Betway brand licensing making up the balance.
Serves regulated markets across Africa, Europe, Canada and Asia-Pacific. The operating model now groups results into Africa and International segments, replacing the former brand-based reporting. Execution centers on localized products and marketing, cross-selling casino and sports, and control of its sportsbook technology.
Gaming licenses and local product rules determine market access; third-party casino content and sports-data suppliers remain important inputs. Operations no longer include U.S. betting products after completed exits from sportsbook and online casino.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Needham | Reiterate | Rating: —Target: $6 | Target: $18 |
| Dec 1, 2025 | BTIG | Target | Target: $9 | Target: $19 |
| Jan 24, 2025 | Canaccord Genuity | Upgrade | ||
| Nov 7, 2024 | Oppenheimer | Upgrade | Target: — | Target: $6 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $548.0M · Total debt $107.0M · Total assets $1.37B · Shareholders' equity $832.0M
- Revenue
- $684.0M
- Operating income
- $171.0M
- Net income
- $120.0M
HistoryDividendAnnual yield
| Institutions | 23.75% | 120.69M ADS | |
|---|---|---|---|
| 213 holders · as of Jun 30, 2026 | |||
| Insiders | 0.42% | 2.13M ADS | |
| 11 holders · as of Sep 14, 2026 | |||
| Other | 75.83% | 385.26M ADS | |
| remainder | |||
508.08M ADS as of Sep 18, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Divisadero Street Capital Management, LPInstitution | 3.96% | 20.11M ADS | as of Jun 30, 2026 |
Helikon Investments LtdInstitution | 3.40% | 17.26M ADS | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 1.89% | 9.59M ADS | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 1.04% | 5.31M ADS | as of Jun 30, 2026 |
American Century Companies IncInstitution | 1.04% | 5.28M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 14, 2026 | David Alon Ben | officer: Chief Technology Officer | −23,300 | $13.79 |
| Aug 28, 2026 | Kirsty Farrah Ross | officer: Chief Operating Officer | −40,000 | $14.00 |
| Jul 31, 2026 | Martine Nathan | officer: General Counsel | −3,997 | $13.97 |
| Jul 31, 2026 | Kirsty Farrah Ross | officer: Chief Operating Officer | −54,551 | $13.97 |
| Jul 31, 2026 | Neal Menashe | director, officer: Chief Executive Officer | −48,440 | $13.97 |
- Flutter Entertainment
Global sportsbook and iGaming scale against Betway and Spin
- DraftKings
Digital sportsbook and iGaming operator against Betway and Jackpot City
- MGM Resorts International
BetMGM and LeoVegas challenge online casino and sportsbook
- Caesars Entertainment
Caesars Digital overlaps U.S. online casino and sportsbook
- Rush Street Interactive
Casino-first BetRivers portfolio overlaps Spin and Betway
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Super Group | $12.08 | −2.23% | $6.27B | 16.9 | 15.0 | 2.6 | +18.1% |
| Flutter Entertainment | $87.83 | −0.89% | $15.37B | — | 14.1 | 0.9 | +3.3% |
| DraftKings | $21.37 | −2.00% | $10.82B | — | 27.2 | 1.7 | −4.6% |
| MGM Resorts International | $38.24 | −1.71% | $9.79B | 23.6 | 23.3 | 0.6 | +1.1% |
| Caesars Entertainment | $29.55 | −0.24% | $6.03B | — | — | 0.5 | +3.0% |
| Rush Street Interactive | $20.36 | −4.08% | $5.25B | 72.4 | 27.0 | 3.8 | +46.3% |
| Median | 48.0 | 25.1 | 0.9 | +3.0% |