Betway parent Super Group to exit U.S. online gaming market

One year after shutting down sports betting operations in the U.S., Super Group has decided to exit two online casino markets as well.

The global online gaming company announced on Tuesday that it intends to stop operating the iGaming brands Spin and JackpotCity in New Jersey and Pennsylvania following an evaluation of priorities.

Super Group cited market performance, recent regulatory changes, and asset allocation requirements as reasons why the operator believes it can’t reach the necessary return on capital in the U.S.

“We therefore intend to focus capital and resources on markets where we see the greatest opportunity for scalable, sustainable, profitable super growth, with a disciplined emphasis on operational efficiency,” Super Group CEO Neal Menashe said in a statement.