{"id":914128,"date":"2025-11-26T16:05:07","date_gmt":"2025-11-26T21:05:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/super-group-comments-on-united-kingdom-autumn-statement\/"},"modified":"2025-11-26T16:05:07","modified_gmt":"2025-11-26T21:05:07","slug":"super-group-comments-on-united-kingdom-autumn-statement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/super-group-comments-on-united-kingdom-autumn-statement\/","title":{"rendered":"Super Group Comments on United Kingdom Autumn Statement"},"content":{"rendered":"

<\/p>\n

Super Group Comments on United Kingdom Autumn Statement<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nSuper Group (SGHC) Limited (NYSE: SGHC) (\u201cSGHC\u201d or \u201cSuper Group\u201d), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, notes today\u2019s United Kingdom Autumn announcement:\n<\/p>\n

\nIn today\u2019s Autumn Statement, the UK government announced increases to gambling duties: Remote Gaming Duty (iGaming) will rise by +19 percentage points (from 21% to 40%), effective April 2026 and General Betting Duty (Online Sports Betting) will rise by +10 percentage points (from 15% to 25%), effective April 2027.\n<\/p>\n

Neal Menashe, Chief Executive Officer, stated:<\/b> \u201cSuper Group supports the reasonable taxation of online gaming in the UK. We rely on the government to ensure that today\u2019s very substantial increase should be paired with robust and strict enforcement against non-paying offshore operators. This is essential to protect the regulated sector\u2019s investment in jobs, technology, and responsible gaming in the UK.\u201d\n<\/p>\n

Alinda van Wyk, Chief Financial Officer, commented:<\/b> \u201cGoing forward, we estimate that these new tax increases will have an impact of approximately 6% to our 2026 Group Adjusted EBITDA. However, Super Group already has several mitigation levers in motion, which are intended to offset the tax impact. Our strategy remains unchanged: sustainable growth and disciplined capital allocation. We don\u2019t expect today\u2019s news to alter our long-term trajectory nor our capital return priorities.\u201d\n<\/p>\n

About Super Group (SGHC) Limited<\/b><\/p>\n

\nSuper Group (SGHC) Limited is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in multiple jurisdictions, with leading positions in key markets throughout Europe, North America and Africa. The group\u2019s sports betting and online gaming offerings are underpinned by its scale and leading technology, enabling agile operation and execution in a diverse range of markets. Its proprietary marketing and data analytics engine empowers it to responsibly provide a unique and personalized customer experience. Super Group was placed at number 5 in the latest EGR Power 50 rankings. For more information, visit www.supergroup.com<\/a>.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251126111654\/en\/<\/a><\/span><\/p>\n

Investors: <\/b>investors@sghc.com
\n<\/a><\/p>\n

Media: <\/b>media@sghc.com<\/a><\/p>\n

KEYWORDS:<\/b> New York Europe United States United Kingdom North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Entertainment Sports Other Sports Online Electronic Games Casino\/Gaming<\/p>\n

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Super Group Comments on United Kingdom Autumn Statement NEW YORK–(BUSINESS WIRE)– Super Group (SGHC) Limited (NYSE: SGHC) (\u201cSGHC\u201d or \u201cSuper Group\u201d), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, notes today\u2019s United Kingdom Autumn announcement: In today\u2019s Autumn Statement, the UK government announced increases to gambling duties: Remote Gaming Duty (iGaming) will rise by +19 percentage points (from 21% to 40%), effective April 2026 and General Betting Duty (Online Sports Betting) will rise by +10 percentage points (from 15% to 25%), effective April 2027. Neal Menashe, Chief Executive Officer, stated: \u201cSuper Group supports the reasonable taxation of online gaming in the UK. We rely on the government to ensure … <\/p>\n

Continue reading “Super Group Comments on United Kingdom Autumn Statement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-914128","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSuper Group Comments on United Kingdom Autumn Statement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/super-group-comments-on-united-kingdom-autumn-statement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Super Group Comments on United Kingdom Autumn Statement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Super Group Comments on United Kingdom Autumn Statement NEW YORK–(BUSINESS WIRE)– Super Group (SGHC) Limited (NYSE: SGHC) (\u201cSGHC\u201d or \u201cSuper Group\u201d), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, notes today\u2019s United Kingdom Autumn announcement: In today\u2019s Autumn Statement, the UK government announced increases to gambling duties: Remote Gaming Duty (iGaming) will rise by +19 percentage points (from 21% to 40%), effective April 2026 and General Betting Duty (Online Sports Betting) will rise by +10 percentage points (from 15% to 25%), effective April 2027. 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