Super Group, the gaming group behind the popular Betway and Spin brands, teased that it is considering further M&A initiatives. Speaking to investors during the company’s Q2 earnings call, Neal Menashe, the company’s chief executive, said that his team is always on the lookout for new acquisition opportunities.
“We Need to Be Highly Selective, and the Price Must Be Right”
According to Menashe, Super Group’s strong financial position, lack of debt, and robust share price put it in a good position to explore extra acquisitions. According to him, there are a lot of things his team would be able to use if a hypothetical deal makes sense.
CEO Menashe noted that many of his…