Super Group, the parent organization of Betway, Spin, Jackpot City Casino, and Lucky Nugget Casino, announced a revenue of $684 million for the second quarter of 2026. This marks an 18% increase compared to $579 million during the same quarter last year.
Despite exiting the US-regulated market after last year's second quarter, this year's financial results show no adverse effects from that decision.
The company's profit for the quarter reached $123 million, a significant turnaround from a $3 million loss in Q2 2025. Adjusted EBITDA surged by 30% to $204 million, resulting in a record margin of 30%. The number of monthly active customers rose by 13%, reaching 6.2 million.
In terms of geography, revenue from Africa grew by 36% to $310 million. International revenue, which includes Europe and the Americas, increased by 7% to $368 million. This figure comprises $325 million from iGaming, up from $299 million a year prior, and $42 million from sports betting, slightly down from $44 million in Q2 2025.
By product line, online casino revenue climbed 16% to $527 million, while sports betting revenue experienced a 29% increase, totaling $150 million.
At the end of June, Super Group reported cash and cash equivalents of $548 million, an increase from $513 million at the end of the previous year, with no outstanding debt. The operating activities generated cash inflows of $248 million during the quarter.
Investment outflows amounted to $58 million, which included a $28 million payment made in March related to the acquisition of Apricot sportsbook, fully owned by the company since February.
Financing outflows totaled $157 million, which featured $25 million returned to shareholders through dividends during the quarter, bringing the total capital returned over the last 12 months to $218 million.
The company attributed the strong quarter to increased betting activity surrounding the FIFA World Cup in June. During this time, Betway secured a training kit sponsorship deal with Manchester United, which was finalized amid the Premier League's voluntary ban on front-of-shirt gambling sponsorships.
Given the robust performance, Super Group has raised its full-year guidance for 2026. The company now anticipates total revenue to exceed $2.6 billion, up from a previous estimate of over $2.55 billion, and adjusted EBITDA to surpass $710 million, compared to the earlier forecast of more than $680 million.
Neal Menashe, CEO of Super Group, stated, "The second quarter produced record results for Super Group, achieving all-time highs in revenue, adjusted EBITDA, deposits, and wagering. While we capitalized on the commercial opportunities presented by the FIFA World Cup, these results reaffirm the resilience of our casino-led, diversified business model, disciplined execution, and strong customer base." He added, "Alongside this momentum, we secured Betway's significant partnership with Manchester United, enhancing our global presence and growth aspirations. As we continue to invest in our brands, products, and technology, we are confident in our ability to create value for our shareholders."