Super Group CEO: Betway Sportsbook Out, Betway Casino to Remain in New Jersey

Earlier this month, Super Group, the parent company of Betway Sportsbook and Casino, announced that the NJ online casino will remain while the sportsbooks are leaving the state. 

According to Super Group CEO Neal Menashe, the decision to shut down the sportsbook came after an “extensive review,” but it had a different outlook on the online casino as it has been a much bigger success for the company in the Garden State market. 

“The vast majority of Super Group’s revenue is generated in iGaming,” Menashe said, “and, in line with that strategy, we will continue to offer our leading casino product in New Jersey and Pennsylvania.”

With numerous sportsbooks leaving New Jersey, it’s important to note that June 2024 represented the fourth-best month in New Jersey online casino history, revenue-wise. 

Across 30 online casinos, they generated $186.8 million in revenue. 

Betway Casino NJ generated $396,223 in revenue, ranking 28th out of the 30 online casinos that reported revenue. Below it was Jackpot City ($393,831) and 888 ($1,424). 888 Casino began withdrawing from the state in May 2024. 

Since January 2024, when the New Jersey Division of Gaming Enforcement reported revenue figures for individual casinos, Betway Casino NJ has generated $1,764,099. 

This accounts for 0.16% of revenue accumulated across all online casinos in New Jersey. 

Here’s how Betway Casino NJ has performed each month. The figures in parentheses indicate the percentage of revenue Betway Casino NJ was responsible for that month. 

• January 2024: $237,329 (0.13%)
• February 2024: $290,930 (0.16%)
• March 2024: $199,328 (0.10%)
• April 2024: $429,175 (0.23%)
• May 2024: $211,114 (0.10%)
• June 2024: $396,223 (0.21%)

Now, we’ll look to see how Betway performs in New Jersey moving forward.