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Super Group will not enter the prediction market

Super Group CEO Neal Menashe said the company has no prediction market product. The company is keeping its focus on sports betting and online casino products and is placing emphasis on African markets.

Super Group will not enter the prediction market
Photo: NEXT.io

Super Group CEO Neal Menashe said the company does not have a prediction market product. Menashe stated on the third-quarter earnings call that the focus is solely on sports betting and online casino products.

The company's online casino business showed a strong underlying performance in the third quarter. This performance supported overall growth, even though international sports betting revenue fell to 33 million dollars this year from 36 million dollars in the same period last year.

Unlike other major international rivals, Super Group does not appear to have turned to prediction markets to offset this revenue decline. The decline was also affected by the company's decision in 2024 to withdraw from the US market with its Betway and Spin brands.

The withdrawal was carried out despite record iGaming revenue at the beginning of 2025. Menashe had said at the time that capital would be redirected to markets offering scalable, sustainable and profitable growth. Although prediction markets grew rapidly in the US during this period, Menashe said such a move would not fit the company's priorities in the US. He emphasized that after exiting the US, the focus shifted to Canada, international markets and Africa.

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