Super Group Smashes Records with Record-Breaking Q1 2026 Performance
Super Group, a leading international gaming company, has announced a record-breaking start to the year with its first quarter 2026 results. The company's quarterly revenue and Monthly Active Customers (MACs) have reached all-time highs, exceeding expectations and solidifying Super Group's position as a leader in the gaming industry.
Super Group's CEO, Neal Menashe, highlighted the significance of these results, stating that they reflect "the strength of our strategy, our brand, and our people." The company's new reporting structure, consisting of two segments: Africa and International, provides shareholders with a deeper understanding of each unit's drivers and growth potential. This approach allows for greater transparency and insight into Super Group's operations.
The Africa segment delivered an excellent Q1, with revenue growing 33% year-over-year and adjusted EBITDA up 21% to $98 million. Sports and casino wagers saw significant increases of 33% and 36%, respectively. Botswana continues to perform well, and the company is taking steps to strengthen its growth profile in Nigeria.
The phased rollout of Super Group's ZAR Super Coin consumer wallet has begun in mid-April with a soft beta launch for Betway South Africa customers. This innovative product aims to expand utility and increase customer engagement across the ecosystem.
For the International segment, revenue was up 9%, with adjusted EBITDA growing 26% to $73 million. European revenue growth of 18% year-over-year was driven by a 29% increase in the U.K., where Super Group is capturing market share thanks to record customer acquisition and continued product improvement.
The company remains encouraged by Ireland's growth, up 13%, with local regulation expected in the second half of this year. In North America, Canada ex Ontario delivered 16% revenue growth, supported by retention and product enhancements. Despite an increasingly competitive environment, Ontario achieved a post-regulation record for new customers.
Super Group's sports business continues to enjoy strong margins, with the company fortifying its sports trading and risk management capabilities ahead of the World Cup. The casino business remains a reliable engine for Super Group, with ongoing innovation and improvement in numerous areas.
