Super Group updates the market on newest live market developments

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SGHC Limited (Super Group), the parent company of global online sports betting and gaming business operating Betway, and Spin, a multi-brand online casino offering, has issued an update on its newest live markets and sponsorship deals.

The Betway brand has gone live in Colorado and Indiana, while a third state, Pennsylvania, is anticipated to open up shortly. Two more states are expected to join that trio in the next few months.

Those five states are part of an initial group of up to 10 states where Super Group has secured market access through Digital Gaming Corporation (DGC). Both parties have executed a definitive agreement under which Super Group will acquire DGC, subject to customary regulatory approvals.

Richard Hasson, President and COO of Super Group, commented: “We remain focused on the addition of markets, products and customers around the world, as evidenced by the launch of our brands in two states and two countries in the last three months while continuing to sign sponsorships with some of the world’s greatest sporting events.”

The company’s Betway brand announced a prestigious partnership with the NHL in May, as well as expanding its tennis portfolio to take in six ATP tour events, including the Miami Open.

Neal Menashe, CEO of Super Group, stated: “I am pleased with the way our global team has continued to make progress alongside the added tasks associated with becoming a publicly listed company. We continue to meet our business objectives. 

“The company is performing well, and our brands continue to perform in their markets. In the US, DGC now has the first group of states live under the Betway brand while continuing to add market access beyond the initial 10 we announced in May.”

Super Group also indicated that its anticipated combination with Sports Entertainment Acquisition Corp, announced in April of this year, is on track to close later this year.