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April 27, 2021, 10:26 am ·
Super Group, the holding company for online sports betting and gaming operator Betway, is set to merge with special purpose acquisition company Sports Entertainment Acquisition Corp. (SEAH) to go public on the New York Stock Exchange.
This is the latest SPAC tie-up announced over the past year within the gambling industry as companies seek better foothold in the fast-expanding US sports betting field.
As mentioned above, Super Group is parent to Betway, a major player in Europe’s digital wagering space, but it also owns Spin, a multi-brand online casino specialist. The group is licensed in 23 territories across Europe, Africa, and the Americas.