Super Group Reports Strong 2024 Performance

U.S. Operations Break New Ground

Super Group’s U.S. business achieved a major milestone in the final quarter of 2024. October set a new record for Total Revenue, but November and December went even higher.

Over the year, Super Group invested around €61 million into its U.S. operations, with €11 million spent in Q4. However, the company plans to scale back U.S. spending in 2025, focusing exclusively on iGaming.

This shift will help streamline resources and improve profitability while staying competitive in the growing online casino space.

Global Numbers Reach New Heights

While the U.S. market made progress, the company’s global performance stole the spotlight. In Q4 2024, Super Group recorded €486 million in Total Revenue and €125–130 million in Adjusted EBITDA. December was particularly strong, setting records for both revenue and deposits.

For the full year, the Group’s Total Revenue outside the U.S. grew 18%, hitting €1.66 billion. Adjusted EBITDA jumped by over 50%, landing between €387 million and €392 million. These numbers exceeded earlier guidance, proving Super Group’s strength in established markets.

Momentum Heading into 2025

Super Group CEO Neal Menashe celebrated the company’s achievements:

“I’m proud to have ended 2024 on a high, with new records expected for both Total Revenue and Adjusted EBITDA. This momentum has continued into the start of 2025, setting a solid foundation for the year ahead. I would like to thank the global Super Group team for an excellent 2024, and I look forward to an even better 2025.”

Super Group’s future in the U.S. lies in its focused iGaming strategy. By shifting away from broader operations and investing solely in online casino games, the company is positioning itself for success in states like New Jersey, Michigan, and Pennsylvania.