Super Group finalizes Digital Gaming Corporation acquisition

The parent company of Betway, the leading online gaming and sports betting business, Super Group (SGHC), announced it expanded its presence in the United States. The company explained that this was achieved after it closed the acquisition of the iGaming and online sports betting company, Digital Gaming Corporation (DGC).

The finalized acquisition for an undisclosed amount, which was announced Tuesday, sees Super Group benefit from new opportunities in the US. In fact, the takeover reaffirms the company's potential for growth on a global scale.

Neal Menashe, Super Group's CEO, shared his excitement in a statement released on January 3, 2023. He said that the company is delighted to join forces with DGC officially. "We look forward to working more closely with the team as we apply our proven toolkit to the US," added Menashe. Last but not least, SGHC's CEO said: "With a healthy balance sheet and a consistent track record of driving profitable growth, Super Group is well positioned to enter the US market, enhancing our global footprint."

Betway, SGHC's leading online sports betting business, currently has a strong presence in key markets such as the Americas, Europe, as well as Africa. The leading sports betting brand is licensed in different jurisdictions and has already proved its success by quickly establishing its presence in new markets. Without any doubt, Betway has a strong global presence considering that the brand has more than 65 partnerships with leading sports teams and leagues.

DGC's acquisition marks a significant milestone for SGHC, considering that the company is currently live in eight US states. What's more, DGC has previously secured access to a total of twelve US states.

Currently, DGC leverages the Betway brand via an exclusive agreement with Super Group, enabling the company to deliver its services in key markets in the US including New Jersey, Colorado, Pennsylvania, Iowa, Arizona, Ohio and Virginia. What's more, SGHC revealed that in Q1 of 2023 "DGC expects to go live in Louisiana joining Arizona, Virginia and Ohio on the Betway Global technology platform."

SGHC is a holding company listed on the NYSE and a proven global leader within the online gaming and sports betting vertical. Growing on a global scale remains a key priority for the company which continues to expand its footprint by tapping into new markets and capturing growth opportunities.

Companies that are a part of SGHC are licensed in more than 20 different jurisdictions in Europe, Africa and the Americas. What's more, the company has nearly 4,000 employees working from 20 different countries around the world.

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