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Super Group to begin trading on the New York Stock Exchange

Operator Super Group has been approved for listing on the New York Stock Exchange; with trading beginning at 9:30am ET time today, 28 January 2022, under the title of SGHC.

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Super Group acts as parent company to Betway, the online sports betting and gaming business, as well as online casino, Spin.  

Neal Menashe, Super Group CEO, commented: “Today marks the culmination of years of hard work as we list on the New York Stock Exchange. We are thrilled to join one of the most exciting capital markets in the world, and list amongst many notable and leading technology and gaming companies.

"Super Group is committed to continuing to scale with its proprietary data science and technology, and build brand recognition as we rapidly grow in the global gaming universe. As we move forward as a public company, we will remain focused on our overarching commitment to deliver quality gaming and technology services to our customers, as well as building and sustaining long-term shareholder value.”

SGHC is a holding company for global online sports betting and gaming businesses, Betway and Spin. As a group, it is licensed in 25 jurisdictions across Europe, America and Africa. Through proprietary marketing and data analytics, it aims to provide a personalised customer experience for all site visitors.   

Last year, we detailed how Super Group was close to going public with a valuation of around $5.1bn (£3.7bn).

The company entered into an agreement with Sports Entertainment Acquisition Corp, a publicly traded acquisition company to help bring its online sports betting group to the US market. The aim of this merger was to ensure Super Group had the capacity to continue with its plans for growth in terms of product and technology on offer.

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