Super Group Expands into US with Digital Gaming Acquisition
The parent company of Spin and Betway, Super Group, has announced its final takeover of Digital Gaming Corporation (DGC).
The acquisition process, which started in April last year, has now been completed and will see Super Group expand into the US through DGC’s market access in 12 states.
Digital Gaming is currently operational in eight states, Iowa, Pennsylvania, New Jersey, Arizona, Colorado, Indiana, Virginia, and Ohio, and it has been approved to offer its services in four additional states.
The acquisition will also help strengthen Digital Gaming’s presence in the UK as it gains exclusive rights to Super Group’s Betway brand in the country.
The two brands have stated their commitment to go live in more US states starting with the state of Louisiana in the first quarter of 2023.
We are excited to officially welcome DGC into Super Group. We look forward to working more closely with the team as we apply our proven toolkit to the US. 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.
In November 2022, Super Group published its financial outlook, which stated that it was on track to earn between €1.15bn ($1.14bn) and €1.28b in revenue for 2022. The company also expected an EBITDA of between €200m and €215m.