Online sports betting and gaming company Super Group to go public via merger with SPAC Sports Entertainment Acquisition

SGHC Ltd., or Super Group, the holding company for online sports betting and gaming businesses, said Monday it has agreed to go public via a merger with special purpose acquisition company, or SPAC, Sports Entertainment Acquisition Corp. . The deal will help Super Group expand into the U.S. online sports betting and gaming market, the company said in a statement. The holding company is parent to Betway, an online sports betting brand, and Spin, an online casino offering. The group has licenses in 23 jurisdictions in Europe, the Americas and Africa and took in more than $42 billion wager in...