Super Group expects 6% EBITDA impact from UK gambling duty increases
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Super Group (NYSE: SGHC) said UK tax increases on gambling will reduce its 2026 Group Adjusted EBITDA by approximately 6%, according to a company statement.
The UK government announced in its Autumn Statement that Remote Gaming Duty will increase by 19 percentage points from 21% to 40%, effective April 2026. General Betting Duty on online sports betting will rise by 10 percentage points from 15% to 25%, effective April 2027.
Super Group, parent company of Betway and Spin gaming brands, said it has mitigation measures in place to offset the tax impact. Chief Financial Officer Alinda van Wyk said the company does not expect the changes to alter its long-term trajectory or capital return priorities.
Chief Executive Officer Neal Menashe said the company supports reasonable taxation but called for enforcement against offshore operators that do not pay taxes. He said this enforcement is necessary to protect regulated sector investment in jobs, technology, and responsible gaming in the UK.
Super Group operates online sports betting and gaming businesses licensed in multiple jurisdictions across Europe, North America and Africa. The company was ranked fifth in the latest EGR Power 50 rankings.
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