Betway: licences, history and record

Betway is the sports-led brand of Super Group, a Guernsey company listed in New York, and it produced 61.3% of the group's 2025 net gaming revenue. The Gambling Commission lists Betway Limited as a British licensee and recorded an £11.6 million settlement in 2020. Betway's own site would not open from our location, so this review leans on regulators and the group's annual report.

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Pros and cons

At a glance

Founded

2006 (Wikipedia, secondary); Super Group says Betway was established in 2006Sources: Wikipedia; Super Group

Owner

Super Group (SGHC) Limited, Guernsey, listed on the New York Stock Exchange since January 2022Source: Super Group (SGHC) Limited

Operating licensee in Great Britain

Betway Limited, account 39372, Gzira, Malta; licensed since 1 November 2014Source: Gambling Commission

Malta licence

MGA/CRP/130/2006, last issued 1 August 2018, per Betway's help portalSource: Betway

Other licences read

Ontario (Cadway Limited); South Africa (Western Cape and Mpumalanga lists)Sources: iGaming Ontario; Western Cape Gambling and Racing Board; National Gambling Board

Share of group revenue

61.3% of 2025 net gaming revenue; the Betway segment earned more from casino ($940.1 million) than from sports betting ($408.1 million)Source: Super Group (SGHC) Limited

Regulator actions found

Commission: £11.6 million (2020); Sweden: SEK 5 million cut to SEK 4.7 million (final appeal 7 July 2022)Sources: Gambling Commission; iGaming Business

Last read

3 October 2026Source: Gambling Commission

Company history

According to Wikipedia, Betway was founded in 2006, runs operations from Malta, and has offices in London, Guernsey and Cape Town. In October 2015 it paid €17,879,645 to a player on Microgaming's Mega Moolah slot, which Guinness World Records verified at the time as the largest online slot payout. Super Group's site says Betway was established in 2006 and sells itself as a global sportsbook under one brand.Sources: Wikipedia; Super Group

Super Group's 2025 annual report says its holding predecessor, SGHC Limited, was incorporated in July 2020, and that Pindus Holdings and its subsidiaries operate Betway while Fengari and SG Media operate the Spin casino brands. The predecessor entities were established beginning in 1997. The Guernsey holding company was incorporated on 29 March 2021, and a business combination with Sports Entertainment Acquisition Corp. closed in January 2022.Source: Super Group (SGHC) Limited

The same report says Betway's flagship sportsbook takes bets on more than 70 sports, while South Africa and Nigeria run on a proprietary platform. Betway used Fusion's sportsbook software, licensed through Apricot, until 28 February 2026, when a group company bought the rights outright. It lists football sponsorships with Arsenal, Chelsea and Manchester City, a Williams Formula 1 deal, and more than 60 brand partnerships.Source: Super Group (SGHC) Limited

For 2025 the group reports net gaming revenue of $2.2 billion, wagers of $56.8 billion and over 5.6 million customers a month. It splits revenue 40% Africa and the Middle East, 33% North America, 19% Europe, 7% Asia-Pacific and 1% South America. Those are group figures, covering Betway and the Spin casinos together.Source: Super Group (SGHC) Limited

The filing records a shrinking footprint in two markets. The group left India at the end of the third quarter of 2023 after a goods-and-services tax change it called unsustainable. Its US arm announced in July 2025 that it would exit US online casino, and says it no longer offers betting products in the United States, which contradicts Wikipedia's list of American states.Sources: Super Group (SGHC) Limited; Wikipedia

1. 2006Founded

   Betway is founded (Wikipedia; Super Group's site gives the same year).

   Sources: Wikipedia; Super Group
2. 1 November 2014First Commission licences

   Betway Limited's remote casino and real-event betting licences become active.

   Source: Gambling Commission
3. October 2015Record slot payout

   Betway pays €17,879,645 on a Mega Moolah jackpot (Wikipedia).

   Source: Wikipedia
4. 1 August 2018Malta licence last issued

   Betway's help portal gives this date for its Malta licence, MGA/CRP/130/2006.

   Source: Betway
5. March 2020Commission £11.6 million

   The Commission announces its package for social responsibility and money-laundering failings.

   Sources: Gambling Commission; Gambling Commission
6. January 2022New York listing

   Super Group's business combination closes and its shares list in New York.

   Source: Super Group (SGHC) Limited
7. 7 July 2022Sweden appeal ends

   Sweden's Supreme Administrative Court upholds a reduced penalty of SEK 4.7 million (trade press).

   Source: iGaming Business
8. 28 February 2026Sportsbook software bought

   A Super Group company buys the sportsbook software that Betway had licensed from Apricot.

   Source: Super Group (SGHC) Limited

Licences it holds

Where you can and cannot use it

Great Britain and Ontario: yes, under the licences above. Super Group's filing lists licences in Great Britain, Alderney, Spain, Germany, Canada, Malta, South Africa and Zambia, with 20 jurisdictions in all. We read registers only for the first three of those.Sources: Gambling Commission; iGaming Ontario; Super Group (SGHC) Limited

South Africa: the Western Cape licence-holder list names Raging River Trading (Pty) Ltd t/a Betway (South Africa), licence 10181496-012. The National Gambling Board's list, updated 4 September 2026, has a bookmaker named Betway/Jackpot City at an Ogies address in Mpumalanga, licence 9-2-1-09658.Sources: Western Cape Gambling and Racing Board; National Gambling Board

Isle of Man: the licensee register does not list Betway. The filing also says the group licenses the Betway brand to a third-party operator in China for a fixed fee plus a share of marketing spend, so the name can appear on a site Betway does not run.Sources: Isle of Man Gambling Supervision Commission; Super Group (SGHC) Limited

betway.com failed to open for us, so we cannot list the other countries it serves.Source: Super Group (SGHC) Limited

Payments and withdrawals

We could not read Betway's payment pages, so we cannot list its methods, limits or withdrawal times. In Great Britain, licence condition 6.1.2 bans credit-card gambling, including through e-wallets that accept credit-card top-ups. The filing adds that the Commission has prohibited customer reverse withdrawals.Sources: Gambling Commission; Super Group (SGHC) Limited

Condition 17.1.1 requires a licensee to verify a customer's name, address and date of birth before the customer gambles. Customer money must be held in separate client accounts, and the licensee must tell the customer in writing whether it is protected if the company fails.Sources: Gambling Commission; Gambling Commission; Gambling Commission

The annual report puts Betway's processing and fraud costs at $183.2 million in 2025, up 20.5%, and gaming taxes and licence costs at $170.8 million, up 21.8%. It ties the tax growth to South Africa and the United Kingdom, and adds new tax obligations in Botswana in 2025.Source: Super Group (SGHC) Limited

In Ontario, the standards require player funds to be managed clearly, with notice to players about money left in dormant accounts and a way to complain about funds management.Source: AGCO

Limits and safer-gambling tools

Super Group's SuperPlan page lists tools for all its brands: deposit limits, wager limits, cooling-off of at least 24 hours, daily, weekly or monthly time limits, timeouts and self-exclusion. Betway's brand page names a reality check, deposit limit, take-a-break and self-exclusion. We did not read Betway's own rules for them.Sources: Super Group; Super Group

In Great Britain a licensee must offer a time-out of 24 hours, a week, a month or another period up to six weeks. Self-exclusion must close the account and return funds, and marketing must stop within two days.Sources: Gambling Commission; Gambling Commission

The Commission's deposit-limit rules are changing. A prompt to review limits at least every six months has applied since 31 October 2025, and from 30 September 2026 new customers must be offered gross deposit limits.Source: Gambling Commission

In Ontario, operators must let players set deposit and loss limits at registration, and a request to relax a limit must wait at least 24 hours. Operators must also join the central self-exclusion program, whose terms run from six months to five years.Source: AGCO

Drawbacks

The 2020 package is the main drawback. The Commission said Betway failed to run source-of-funds checks on a customer who deposited over £8 million and lost over £4 million in four years, and failed to interact effectively with another who deposited and lost £187,000 in two days.Source: Gambling Commission

It also said £5.8 million flowed through the business that was, or could reasonably be suspected to be, proceeds of crime. The Commission found inadequate management oversight, and said investigations into personal management licence holders were continuing.Source: Gambling Commission

In Sweden, the regulator penalised Betway in May 2019 for offering bonuses repeatedly after sign-up, with an original penalty of SEK 5 million. The Supreme Administrative Court upheld a reduced SEK 4.7 million on 7 July 2022, according to a trade report.Source: iGaming Business

The annual report says customers have brought civil claims in Austria and Germany contesting the legal basis of the group's services, and that some judgment debts are unpaid, relying on a Maltese law. A Maltese court refused to enforce an Austrian judgment against Betway Limited on 15 January 2026, and the player is appealing.Source: Super Group (SGHC) Limited

Betway also has a pending claim against the State of Hesse over conditions of its German sports betting licence. Wikipedia adds that in 2024 Betway did not pay a €1.3 million winning bet, citing a site defect. We found no primary source for that claim.Sources: Super Group (SGHC) Limited; Wikipedia

How it compares

Both brands run through British licensees owned by groups that are listed abroad. Betway sits in Super Group on the New York Stock Exchange, and Unibet in FDJ UNITED, which bought Kindred in 2024. Betway Limited's Commission entry lists three other trading names.Sources: Gambling Commission; Super Group (SGHC) Limited; Gambling Commission

The licence maps differ. Betway appears in the Ontario directory through Cadway Limited and in South African lists, while Unibet has no Ontario entry. Unibet's licensee appears on the Gibraltar list, and we found no Betway entry there.Sources: iGaming Ontario; National Gambling Board; Gibraltar Gambling Division

The records differ in shape. Betway carries one £11.6 million Commission package from 2020, tied to high-value customers. Unibet's licensee paid £2.9 million in 2023 and £10 million in 2025. Neither brand's own site opened for us.Sources: Gambling Commission; Gambling Commission; Gambling Commission

Read the Unibet review for the other side of the comparison.

If something goes wrong

We did not read Betway's complaint procedure. Its help portal links the Independent Betting Adjudication Service and eCOGRA. Licence code 6.1.1 requires a UK licensee to let a customer take an unresolved dispute to a free alternative dispute resolution body once eight weeks have passed.Sources: Betway; Gambling Commission

Ontario players can use iGaming Ontario's complaints service, and the Malta Gaming Authority has its own complaints route. The register pages below show which regulator covers each licensee.Sources: iGaming Ontario; Malta Gaming Authority

Regulatory record

1. May 2019Sweden: SEK 5 million

   Sweden's gambling regulator penalised Betway for breaching bonus rules, with the first decision in May 2019. A trade report says the Supreme Administrative Court upheld SEK 4.7 million on 7 July 2022.

   Source: iGaming Business
2. March 2020UK Gambling Commission: £11.6 million

   A package of £11.6 million for social responsibility and money-laundering failings linked to seven high-spending customers. The Commission's timeline and Wikipedia give March 2020. The sanction page's 4 March 2023 line is an update stamp, not a publication date.

   Sources: Gambling Commission; Gambling Commission; Wikipedia
3. 15 January 2026Malta court: enforcement refused

   A Maltese court refused to enforce an Austrian judgment debt against Betway Limited, on grounds of Maltese public policy. The player is appealing.

   Source: Super Group (SGHC) Limited

What we could not check

• Betway's own site, terms, payment methods, limits, bonus rules and restricted countries (betway.com failed to open for us).
• The Malta licence entry itself; the number and date come from Betway's help portal.
• Which licensed entity serves each country outside the registers named above, and whether the licences in the group's filing are all current.
• The 2006 founding date, the 2015 jackpot and the 2024 unpaid bet, which are Wikipedia's or Super Group's own account.
• The Commission's register shows no regulatory actions for Betway Limited, even though its timeline records the 2020 package; we report both as read.