Super Group has closed the deal for its previously announced acquisition of online sports betting and iGaming company Digital Gaming Corporation Limited (DGC). Through the completed agreement, Super Group will have access to both online sports betting and gaming markets throughout the US.
DGC operates in eight states throughout the US and has market access in 12 states. Under the terms of the purchase agreement, Super Group will be able to expand its digital footprint across the US.
Super Group CEO Neal Menashe commented: “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.”
Super Group is the parent company of Betway, a sports betting and gaming business, and of Spin, a multi-brand online casino. It is licensed in 25 jurisdictions and is represented in markets throughout Europe, the Americas and Africa. The company also works to provide a safe gambling environment to its clientele.
In another North American highlight, Super Group noted its successful transitions into the Ontario commercial market for both its Betway and Spin subsidiaries during the second half of the year. The company said the business transitions met its previously announced expectations.
DGC has incorporated the Betway brand through its live operations in Iowa, Pennsylvania, New Jersey, Arizona, Colorado, Indiana, Virginia and Ohio.
The firm anticipates adding Louisiana to its roster during this year’s first quarter. Once live, Louisiana is expected to join Arizona, Virginia and Ohio on the Betway Global technology platform.