Super Group appoints two new members to expanded Board of Directors

Super Group, the parent company of Betway and Spin, announced Wednesday the appointment of Natara Holloway and Jonathan Jossel to its Board of Directors, effective immediately. These appointments increase the number of independent Board members and take the total number of directors on Super Group’s Board to nine.

Neal Menashe, Chief Executive Officer of Super Group, commented: “We are thrilled to welcome Jonathan and Natara to the Super Group Board. They both bring a wealth of experience relevant to our industry and will be able to provide valuable perspectives as we continue to pursue our global growth strategy.”

Neal Menashe, Super Group's CEO

Holloway joins the Super Group Board following the company's successful SPAC deal with Sports Entertainment Acquisition Corp, where she was chair of the Audit Committee for the Board of Directors. She previously served in various roles for the National Football League for nearly two decades. In her most recent position, Holloway was the Vice President of Business Operations and Strategy for Football Operations where she oversaw football strategy and administration, football innovation, and football pipeline development.

Jossel is currently Chief Executive Officer of Plaza Hotel & Casino and has nearly a decade of gaming industry experience. A press release describes him as a well-known figure in the sector and as instrumental in the Plaza’s expansion during the revitalization of the downtown district of Las Vegas. Jossel took over as the Chief Executive Officer of the Plaza in 2014, becoming one of the youngest non-restricted gaming licensees in Las Vegas.

Super Group began trading on New York Stock Exchange on January 28, 2022. 

In April, the company reported revenue up 45% to €1.32 billion ($1.43B) in a year-over-year comparison. Profit for the year was up 58% year-over-year to €235.9 million, compared to €149.2 million in the prior year. 

EBITDA increased 46% to €314.5 million, while Adjusted EBITDA increased 60% to €289.5 million. Monthly Average Customers for the year increased by 75% from 1.50 million in 2020 to 2.62 million in 2021.