Who Owns Betway?

Betway and Its Parent Company

Betway is owned by Super Group, a global online gaming and sports betting company. Super Group also owns Spin, a multi-brand online casino platform, making it a major player in the digital gambling space.

In January 2022, Super Group went public on the New York Stock Exchange (NYSE) under the ticker symbol SGHC. This move signaled its ambition to expand even further, leveraging Betway’s strong market presence to attract investors and grow its operations.

The People Behind Betway

A strong leadership team has been a driving force behind Betway’s growth. The brand’s CEO, Anthony Werkman, has been with the company since 2013, taking over as CEO in 2017. Under his leadership, Betway has strengthened its reputation as a trusted betting platform.

At the Super Group level, the company is guided by Chairman Eric Grubman, who brings years of experience from the National Football League (NFL), and CEO Neal Menashe, one of the co-founders of Super Group. Their expertise in sports, business, and technology has helped Betway expand into regulated markets worldwide.

How Betway Stands Out in the Market

Super Group’s ownership has helped Betway become a global powerhouse in online betting. The brand holds licenses in numerous countries, including:

• The UK, Malta, Italy, Denmark, Spain, and Germany in Europe
• Mexico, Argentina, and several U.S. states in the Americas
• South Africa and other regulated markets worldwide

The Financial Growth of Super Group

Super Group has experienced steady financial growth, proving its ability to navigate the competitive gaming market. In 2021, the company reported $1.52 billion in net gaming revenue, a 36% increase compared to previous years.

The trend continued into 2024, with Super Group achieving record revenues of over $500 million in Q4 alone.

Why Ownership Matters

Understanding who owns Betway gives insight into its credibility and long-term stability. With the backing of Super Group, Betway continues to expand its global footprint, secure licenses in new markets, and improve its betting offerings.

The company’s strong financial performance and experienced leadership make it a significant force in the online gambling industry.