Super Group Announces Exit from US Market, Citing Strategic Refocus

Super Group, the parent company of leading brands Spin and Betway, has announced its decision to withdraw from the United States market. Despite a strong Q2 performance and projected ex-US revenue exceeding $2 billion, the company determined that exiting the US is necessary to drive the strongest long-term business results.

CEO Neal Menashe described the decision as difficult but essential, pointing to challenging local regulations and increasing taxes in key states—such as Illinois—as major factors. Super Group plans to refocus capital and resources on markets offering greater potential for scalable, sustainable growth with an emphasis on operational efficiency.

The company expects associated exit costs between $30 million and $40 million, with more details to be provided in its upcoming Q2 earnings release.

Super Group joins several other operators, including PointsBet, Fox Bet, Fubo Sportsbook, and MaximBet, who have also recently retreated from the US market amid its growing complexities.