Betway's Parent Company Celebrates Year of Growth with Cash Dividend

Super Group saw record customer activity, and the company's low sports betting hold isn't expected to bring its full-year revenue below its previous guidance of $2.2 billion.

Ziv Chen - News Editor at Covers.com
Ziv Chen • News Editor
Jan 22, 2026 • 12:55 ET • 4 min read
Photo By - Imagn Images.

The parent company of sportsbook and gaming company Betway and online casino Spin, Super Group Limited, announced its 2025 fourth-quarter and full-year update, along with an additional cash dividend for shareholders.

Key Takeaways

  • Super Group Limited has released both its fourth-quarter and full-year update for 2025.

  • The report showed another year of growth, with both active customers and customer deposit numbers growing.

  • To celebrate, it is giving a special cash dividend of $0.25 per ordinary share to shareholders.

Super Group experienced strong growth through 2025, with its casino operations continuing to perform well. Its monthly active customers, along with customer deposits, reached all-time highs in its fourth quarter despite customer-friendly outcomes on the sports side falling to the lowest hold in December since 2023.

Additionally, full-year revenue is expected to fall within the previous guidance of $2.2 billion to $2.3 billion, with Adjusted EBITDA expected to follow suit, within the guidance of $555 million to $565 million.

"We are very pleased with our performance this year," said Neal Menashe, chief executive officer of Super Group. "Casino outperformed, while sports wagers, deposits, and monthly active customers all reached record highs. Customer-friendly results reduced sports hold late in the fourth quarter, yet our operating model remains very strong."

Super Group’s board of directors announced a cash dividend of $0.25 per ordinary share, reflecting the company's expectations for healthy growth to continue into 2026.

"Today’s dividend reflects that strength and our confidence in the durability of the business," Menashe added. "With a deep product pipeline and continued operating discipline, we are entering 2026 positioned to grow and keep compounding long-term value for shareholders."

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Super Group has high hopes for Alberta iGaming, sports betting market

Super Group also has its eyes set on Alberta’s upcoming iGaming market, with the company optimistic it will also deliver strong results already seen in its operations in other parts of Canada.

During a third-quarter financial report call in November, Menashe discussed how the company plans to leverage new technology and apply lessons learned from its Ontario launch.

The new technology is expected to help launch Betway and Spin in Alberta, while in Ontario, the company told investors it plans to launch a new “casino client” in the first half of 2026.

Alberta currently has only one iGaming operator, Play Alberta. But with a teased early 2026 market launch, the province has laid out its regulatory framework for bidding operators and suppliers. As part of the framework, operators are expected to pay a $50,000 application fee and a $150,000 yearly registration fee, whereas suppliers will need to pay a $15,000 registration fee.

The province expects to end all unregulated iGaming activities in the region before the launch of its regulated market, which is expected in early 2026.

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Ziv Chen
News Editor

Ziv has been deep in the iGaming trenches for over 20 years, long before most people could spell "geolocation compliance." With a background in marketing and business development at some of the biggest names in gambling tech, Ziv knows the industry from the inside out. Since joining Covers, he's turned his sharp eye (and sharper keyboard) toward everything happening in the fast-moving world of online gambling. Whether it's new state launches, the latest twists in regulation, or what the big operators and game providers are cooking up next, Ziv breaks it all down with clarity, context, and just the right amount of snark. He covers the business side of betting, from affiliate trends and revenue reports to the tech powering your favorite slots. His motto in writing is “let’s make it make sense without putting you to sleep.”

When he’s not tracking gambling legislation or looking for the next breaking story, Ziv is living and dying with every pitch and play from his beloved Pittsburgh Steelers, Pirates, and Penguins. As a Pitt graduate, it’s a city loyalty forged in heartbreak, but one he wouldn’t trade for anything, except maybe a few more playoff wins.

When away from the keyboard, Ziv loves to hit the road and soak up the energy of casinos. Whether strolling the neon jungle called the Vegas Strip, or wandering into a smoky riverboat casino in the Midwest, Ziv’s in his element. He’s the guy chatting with players, blackjack dealers, and asking pit bosses way too many questions, all in the name of “research,” of course. The casino floor isn’t just his workplace, it’s a weird and wonderful ecosystem of flashing lights, wild characters, and pure sensory overload, and he wouldn’t have it any other way.

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