Super Group Upgrades 2025 Targets on 2Q Momentum; Plans U.S. Exit

Dow Jones

Jul 08, 2025

By Adriano Marchese

Super Group has upgraded its guidance for the year and said that it plans to exit the U.S. as it looks to streamline its operations.

The online sports betting and gaming businesses company said Tuesday that its new revenue target for 2025 is set to $2 billion, excluding U.S. guidance. This up from a previous expectation of $1.93 billion.

Analysts forecast revenue at $2.11 billion, according to FactSet.

Adjusted earnings before interest, taxes, depreciation and amortization is also expected higher now, at $480 million compared with a previous projection of $457 million. Analysts expect $458.5 million.

Super Group credits a positive momentum over recent quarters which has continued into the second, benefiting from strong revenue growth across all its markets.

Shares traded 5.1% lower ahead of the morning bell at $10.83.

In particular, the drive came from strong results in sports, as well as improvements in pricing models and more efficient risk management. It also benefited from a full calendar of sporting events and record deposit levels.

Additionally, Super Group said that it plans to exit its U.S. iGaming operations after a undergoing a comprehensive evaluation of its global priorities.

The company cites an evolving regulatory landscape and the U.S. unit's financial performance as reasons for the planned exit.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

July 08, 2025 09:23 ET (13:23 GMT)

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It also benefited from a full calendar of sporting events and record deposit levels. \n</p>\n<p>\n  Additionally, Super Group said that it plans to exit its U.S. iGaming operations after a undergoing a comprehensive evaluation of its global priorities. \n</p>\n<p>\n  The company cites an evolving regulatory landscape and the U.S. unit's financial performance as reasons for the planned exit. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 08, 2025 09:23 ET (13:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGHC","symbol_name":"Super Group","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549540158","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549540158","pubTimestamp":1751980980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Super Group has upgraded its guidance for the year and said that it plans to exit the U.S. as it looks to streamline its operations.The online sports betting and gaming businesses company said Tuesday that its new revenue target for 2025 is set to $2 billion,  excluding U.S. guidance. 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It also benefited from a full calend","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SGHC":"Super Group"},"translate_title":"Super Group凭借第二季度势头升级2025年目标；计划美国退出","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGHC":1},"content_text":"By Adriano Marchese \n\n\n \n\n\nSuper Group has upgraded its guidance for the year and said that it plans to exit the U.S. as it looks to streamline its operations. \n\n\n  The online sports betting and gaming businesses company said Tuesday that its new revenue target for 2025 is set to $2 billion,  excluding U.S. guidance. This up from a previous expectation of $1.93 billion. \n\n\n  Analysts forecast revenue at $2.11 billion, according to FactSet. \n\n\n  Adjusted earnings before interest, taxes, depreciation and amortization is also expected higher now, at $480 million compared with a previous projection of $457 million. Analysts expect $458.5 million. \n\n\n  Super Group credits a positive momentum over recent quarters which has continued into the second, benefiting from strong revenue growth across all its markets. \n\n\n  Shares traded 5.1% lower ahead of the morning bell at $10.83. \n\n\n  In particular, the drive came from strong results in sports, as well as improvements in pricing models and more efficient risk management. It also benefited from a full calendar of sporting events and record deposit levels. \n\n\n  Additionally, Super Group said that it plans to exit its U.S. iGaming operations after a undergoing a comprehensive evaluation of its global priorities. \n\n\n  The company cites an evolving regulatory landscape and the U.S. unit's financial performance as reasons for the planned exit. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 08, 2025 09:23 ET (13:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}