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  2. Sunbet CEO Simon Gregory Drives African Expansion with Record Results
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Sunbet CEO Simon Gregory Drives African Expansion with Record Results

5 August 20266 Min.by Lisa Lustich
Editorially reviewed by Lisa LustichLast review: 5 August 2026
Sunbet CEO Simon Gregory treibt Expansion in Afrika mit Rekordzahlen voranAI-GENERATED

Sunbet reports a 79.8 percent revenue increase for H2 2025 and successfully expands into Namibia, while stabilizing its land-based casino business.

TL;DR · Key takeaway

Sunbet has achieved massive growth under CEO Simon Gregory, with a revenue increase of nearly 80 percent in the second half of 2025. Following its market entry into Namibia in May, the company is focusing on a digital ecosystem that bridges online gaming and land-based operations. Despite the digital push, physical casinos still generate 70 percent of Sun International's revenue. The strategy involves modernizing slot machines and launching a new software platform to secure long-term market dominance in key African territories.

The African gambling landscape is undergoing a profound transformation, and Sunbet is positioning itself at the forefront of this change. As the iGaming brand of the renowned Sun International Group, the operator recently expanded its reach by officially launching in Namibia in May. This move marks the third major market on the continent for the company, following South Africa and Botswana. The expansion continues the existing partnership with Bede Gaming, a platform brand of the German Merkur Group, which provides the technical foundation for the operations.

CEO Simon Gregory is optimistic about these new territories. Although Namibia has a significantly smaller population than South Africa, the economic and cultural similarities present a decisive advantage. Banking, retail, and consumer behavior in Namibia and Botswana closely align with the South African model. Gregory aims to gain significant market share, noting that the returns are attractive due to the low friction involved in scaling the product across these borders.

Numbers and facts

Sunbet's recent financial figures support this aggressive expansion course. In the second half of 2025, the company recorded an impressive 79.8 percent increase in income. Meanwhile, active player days grew by more than 70 percent. This momentum is particularly notable as Sun International was initially considered a latecomer to online regulation in South Africa. For a long time, the internal consensus was that online licenses should be reserved primarily for land-based casino operators.

"Being digitally led transcends all that we do and all the processes that we have. It’s about how we work and the whole ecosystem." - Simon Gregory, CEO at Sunbet

A substantial part of the current success stems from the strategic realignment presented during the Capital Markets Day in March. The focus is not just on pure online gaming but on a holistic digital ecosystem. This includes modernizing the land-based sector. Since physical casinos still account for 70 percent of Sun International's total revenue, they represent a significant lever for growth. In South Africa, slot machines generate about 80 percent of casino revenue, while table games contribute only 20 percent. Sunbet is actively working to halt the decline in the land-based sector observed since the pandemic by introducing technical innovations, such as replacing slot machines.

Background

Technologically, Sunbet is on the verge of a major leap. Following the conclusion of the World Cup, the company plans to roll out a completely new front-end. This software redesign is built on modern technologies and aims to eliminate loading times. The goal is to simplify navigation and remove friction in the registration process and game discovery. Gregory describes the new system as slick and super-fast, which will be crucial for customer retention in competitive markets like Namibia.

In addition to the expansion in Namibia and Botswana, Sunbet already has its next target in sight: reactivating an existing license in Zambia. The strategy remains focused on putting the right product in front of customers through the most efficient processes. The partnership with Merkur subsidiary Bede Gaming plays a central role here, ensuring the stability and security of the platform.

Why it matters for German players

For German players, these developments in Africa have no direct impact on their daily gaming but serve as an interesting case study in global market regulation. In Germany, online gambling is subject to extremely strict rules under the State Treaty on Gambling 2021 (GlüStV 2021). While Sunbet advertises modern platforms and instant loading times in Namibia and South Africa, providers here must navigate the central LUGAS monitoring system and a strict monthly deposit limit of 1,000 euros.

German customers should ensure they only play with operators listed on the official GGL whitelist. These licenses guarantee safety and player protection under German law. Unlike the more liberal African markets, Germany enforces a one-euro stake limit per spin on online slots and a mandatory five-second pause between rounds. However, operators like Sunbet demonstrate how vital a clean technical platform is for success—a challenge that licensed German casinos must also master through integration with safe servers and LUGAS.

What it means for GGL-licensed casinos

The development at Sunbet highlights the trend toward an "omnichannel" strategy, linking online and offline offerings. For German operators who often run both land-based casinos and online slots, this is a significant signal. The GGL strictly monitors that marketing and player protection remain consistent across all channels. Growth of nearly 80 percent, as seen with Sunbet, is hard to imagine in the highly regulated German market due to stake limits and advertising restrictions. Nevertheless, the cooperation between Sunbet and Bede Gaming shows that German expertise in platform technology is in high demand worldwide and indirectly benefits German players through more stable and secure software solutions.

Key Takeaways

  • Sunbet increased its revenue in the second half of 2025 by exactly 79.8 percent.
  • The market entry into Namibia took place in May as the third African location.
  • CEO Simon Gregory plans to reactivate a gambling license in Zambia.
  • The number of active player days grew by over 70 percent according to the corporate report.
  • Land-based casinos continue to contribute 70 percent to Sun International Group's total revenue.

Frequently asked questions

In which new markets has Sunbet recently launched?

Sunbet launched its online casino and sportsbook operations in Namibia in May. This marks the company's third African market after South Africa and Botswana.

How did Sunbet's financial figures develop in 2025?

In the second half of 2025, Sunbet increased its income by 79.8 percent. Additionally, the operator recorded a growth in active player days of over 70 percent.

What role do land-based casinos play for Sun International?

Land-based casinos remain the group's economic foundation, accounting for 70 percent of total revenue. Of this, about 80 percent comes from slot machines and 20 percent from tables.

What technical innovation does Sunbet plan for the near future?

Following the World Cup, a complete software redesign of the front-end will be introduced. The new platform promises faster loading times, improved navigation, and a smoother registration process.

Can German players legally play at Sunbet in Namibia?

No, German players are only permitted to play at operators holding a GGL license and appearing on the official whitelist. Sunbet does not hold a German license, and the GlüStV 2021 prohibits participation in offerings without a local concession.

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About the author

Lisa Lustich

Lisa Lustich

Editor-in-chief & casino tester

Lisa Lustich has been testing German-language online casinos since 1997 and runs the Lustich.de newsroom. More than 400 published reviews, certified player-protection advisor (BZgA training, 2019).

All articles by Lisa Lustich →

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