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Super Group sees room to gain share as UK gambling market consolidates

Super Group says its UK revenue from Betway and Spin grew 13% in Q3 and sees opportunities as tax pressure pushes some licensed operators to exit or reduce their presence.

November 9, 2026 2 min read

Super Group CEO Neal Menashe said the owner of Betway and Spin is positioned to capture opportunities as the UK gambling market consolidates. The company’s UK revenue increased 13% year on year in Q3, while overall group revenue rose 10% to $611 million.

Quarterly performance

Super Group reported adjusted EBITDA of $165 million for the quarter, up 8%, and net profit of $142 million. Management linked its UK opportunity to a period of pressure on licensed operators following gambling tax increases announced since November 2025. Some competitors have withdrawn from the market, while larger groups have announced shop closures and job reductions.

Commercial outlook

For affiliates, consolidation may change the pool of active advertisers, competition for traffic and the bargaining position of remaining operators. However, a stronger market position does not automatically translate into higher affiliate commissions or better terms. Partners should monitor brand investment, GEO strategy and programme conditions as the market adjusts.

top newsSuper GroupBetwayUnited Kingdommarket consolidationQ3 results