Super Group Revenue Rises 10% on Online Casino Gains
The gambling operator reported third-quarter revenue of $611 million and trimmed its full-year 2026 revenue outlook.
Updated on Nov. 5, 2026 in Gambling
Super Group reported third-quarter revenue up 10% year-on-year to $611 million and profit of $142 million, compared with $96 million a year earlier. The company revised its 2026 revenue guidance to between $2.525 billion and $2.575 billion, down from $2.6 billion.
Why it matters
Online casino growth offset weaker sportsbook revenue, and player-friendly sports results weighed on sportsbook progress. The guidance revision signals that the company expects a softer full-year revenue outcome than previously projected.
iGaming accounts for 85% of Super Group's net revenue, and African revenue grew 17% to $262 million. The company's 2026 adjusted EBITDA estimate sits between $700 million and $720 million.
The players
Super Group
A gambling operator with major African and international online casino and sportsbook operations.
The details
Growth in online casino offset declining sportsbook revenue across the international segment, which grew 5% year-on-year. The UK net revenue grew 13%, and the company established itself in Alberta following a July opening. A soft launch of its Super Coin wallet took place in April.
Timeline
August 2025: Mozambique's government established a legal framework for online gambling.
November 2025: Super Group announced the launch of its Super Coin stablecoin.
April 2026: Soft launch of the Super Coin wallet took place.
Q4 2026: Targeted trading against the Naira on Nigerian exchanges.
Market Landscape
Super Group's Mozambique revenue growth of 62% followed the government's August 2025 legal framework for online gambling. The results reflect a broader push by operators into newly regulated African markets.
Players in newly regulated markets such as Mozambique and Nigeria may see expanded access to online casino and sportsbook products. The planned Super Coin wallet could change how users fund accounts and move money on the platform.
The takeaway
Growth in online casino products is outpacing sportsbook performance for this operator, a shift that may influence how gambling companies allocate resources. Readers interested in the sector can track guidance revisions and new market launches as indicators of where growth is concentrating.
What happens next
Super Group is targeting trade against the Naira on Nigerian exchanges in Q4 2026, and its Super Coin wallet is on track for public launch in early 2027.
Further reading
Explore more on the Gambling section for context on the industry's shifting regulatory and market landscape.
