Published on: November 5, 2025, 02:04h. 

Updated on: November 5, 2025, 02:07h.

• Super Group reports a revenue of USD $556.9 million for Q3 2025
• Company anticipates launching a new online casino client in Ontario by 2026
• North American revenue increased by 14% compared to Q3 2024

Super Group, the parent company of the Betway sportsbook, Jackpot City, and Spin, announced their Q3 2025 financial results yesterday, showcasing the Canadian iGaming sector as a significant contributor to a 26% year-over-year revenue boost.

Specifically, the company announced Q3 2025 revenues of USD $556.9 million, bolstered by growth in Africa, Europe, and particularly North America, with Canada leading the charge. Notably, the company is set to exit the U.S. market in Q4, while reporting declines in South America and Latin America.

Profit for this quarter reached $95.8 million, a substantial increase from the $10.3 million profit reported in Q3 2024. Adjusted EBITDA saw a 65% rise, reaching $152.1 million compared to $92 million in Q3 2024. Monthly active customers surged by 18% to 5.5 million in Q3 2025, up from 4.7 million the previous year.

North American revenue witnessed a growth of 14% compared to the same quarter in 2024.

Revenue Surge Reported

During an earnings call held yesterday, CEO Neal Menashe stated that the results validate the robustness of their platform and the success of their execution strategy in key markets.

“We reached a record of six million active customers in September, a number we have already exceeded in October,” he expressed. “This indicates the strength of our global presence, localized strategies, and the loyalty our customers exhibit towards our products and services.”

Following the favorable Q3 results, Super Group revised its full-year 2025 revenue expectations from $2.125-$2.20 billion to an updated forecast of $2.17-2.27 billion.

Menashe also discussed Ontario’s performance, revealing a 3% revenue growth in that region, while the rest of Canada, where the company operates in a grey market, experienced a 15% revenue uptick year-over-year, driven by increased deposit volumes and exceptional customer retention.

Strong Growth Anticipated in Alberta

The Q3 2025 results period concluded on September 30.

Menashe noted plans to introduce a new casino client in Ontario during the first half of 2026, a market where the company currently holds an impressive 84% share, per the IGaming Ontario performance report from September.

When questioned about Alberta’s potential market growth rate, which is set to launch in early 2026, he stated that Super Group has been a significant player in Alberta’s grey market for years and is prepared to join the regulated landscape as they have in Ontario.

“We have gained valuable insights,” he remarked. “We are enhancing our product offering in Ontario, which will enable us to perform even better in Alberta. I anticipate Alberta’s growth rate will be in the higher teens, aligning closely with our expectations for Canada overall.”