Super Group, the gaming group behind the popular Betway and Spin brands, teased that it is considering further M&A initiatives. Speaking to investors during the company’s Q2 earnings call, Neal Menashe, the company’s chief executive, said that his team is always on the lookout for new acquisition opportunities.
“We Need to Be Highly Selective, and the Price Must Be Right”
According to Menashe, Super Group’s strong financial position, lack of debt, and robust share price put it in a good position to explore extra acquisitions. According to him, there are a lot of things his team would be able to use if a hypothetical deal makes sense.
CEO Menashe noted that many of his company’s competitors that have previously adopted an M&A-intensive strategy are now struggling with debt. He believes that Super Group’s debt-free nature would be a long-term asset when it comes to acquisitions.
Obviously, when it comes to even M&A, we selected, and also we don’t have lots of debt. We’re placing minimal debt. We don’t want to lack the flexibility. We’re really in a good place. The operating cash flow is coming into the business.
Neal Menashe, CEO, Super Group
Menashe concluded that Super Group’s approach is disciplined, reflecting the company’s broader ethos. Because of that, he said that his team would remain highly selective about M&A deals and will only proceed with such arrangements if the price is right.
Super Group Goes from Strength to Strength
For reference, Super Group just published its Q2 2026 report, highlighting strong financials across the board. Q2 revenue reached $684 million, up 18% year-on-year, while Q2 EBITDA increased by 30% to $204 million.
Both figures highlighted the company’s continued strength. The favorable metrics also reflected a double-digit increase in monthly active customers.
The favorable performance caused Super Group to raise its forecasts for the full year. Now, the company expects its revenue for the year to exceed $2.6 billion. At the same time, Super Group expects FY adjusted EBITDA of $710 million.
In other news, just signed a major partnership agreement with Manchester United, positioning the Betway brand as the club’s official principal partner and exclusive global betting partner. The agreement will see the Betway brand extensively promoted to fans of the soccer club and will open up new fan opportunities for Manchester United fans.