Super Group Posts Strong Q3 Financials, Lowers Guidance Due to Customer-Friendly Results

International gaming giant Super Group has published its financial results for the third quarter of the year, highlighting the resilience of its casino-led business model. At the same time, the company also amended its guidance to reflect both changes in revenue and customer-friendly sports results. Super Group’s Q3 Was Strong Despite Customer-Friendly Sports Results The report of Super Group’s unaudited consolidated financial results for Q3 2026 outlined group revenue of $611 million, up 10% year-on-year. According to the company, this performance was driven by growth in the Africa, America, Europe and Rest of World segments. The higher revenue resulted in a massive increase in profit, with $142 million for Q3 2026 versus $96 million in Q3 2025. Adjusted EBITDA, on the other hand, experienced an 8% increase to $165 million for the period. The improved financial metrics reflected, among other things, an increase in Super Group’s monthly active customers to 6 million, up 9% year-on-year. As of September 30, 2026, Super Group had $602 million in cash and cash equivalents versus $513 million at December 31, 2025. The company also reported $377 million in inflows from operating activities, $67 million in outflows from investing activities, $215 million in outflows from financing activities, and a loss of $6 million resulting from foreign currency fluctuations. Super Group updated its guidance for the year, saying that it now expects total revenue of between $2.525 and $2.575 billion and adjusted EBITDA of between $700 and $720 million. At their midpoint, these EBITDA figures are mostly consistent with the guidance announced at the end of Q2 2026, while the revenue guidance highlights a slight decrease. The C-Suite Was Pleased with How Super Group Fared Neal Menashe, the group’s chief executive officer, shared his thoughts on the performance, saying that his team has been able to demonstrate the resilience of its casino-led business model yet again. He emphasized that the increase in adjusted EBITDA came despite customer-friendly sports betting results, since the company’s less volatile casino business managed to absorb the short-term shock. We also delivered strong profitability across Africa, and International made meaningful progress across product, pricing and technology. We believe that our underlying business remains strong, and we look forward to the opportunities ahead. Neal Menashe, CEO, Super Group Alinda van Wyk, the group’s chief financial officer, explained that the revised guidance reflects customer-friendly sports outcomes. At the same time, she said that the company remains optimistic about its long-term prospects due to the company’s flexibility and continued investments in organic and strategic opportunities. Super Group added that, on October 30, its board of directors approved a $150 million share buyback program that runs through December 2027.