IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the CEO of Super Group Limited (“SGHC”) and the Chairman of Sports Entertainment Acquisition Corp. (NYSE: SEAH) to discuss the pending business combination, massive TAM opportunity in the global online gaming market, Super Group’s competitive advantage in acquiring and retaining customers at scale, business outlook, and future plans for growth. The event featured SGHC CEO Neal Menashe and SEAH Chairman Eric Grubman, joined by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a moderated video session lasting approximately 60 minutes and including a Q&A with the audience.
SGHC (Super Group) is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in 23 jurisdictions, with leading positions in key markets throughout Europe, the Americas and Africa. The group’s successful sports betting and online gaming offerings are underpinned by its scale and leading technology, enabling fast and effective entry into new markets. Its proprietary marketing and data analytics engine empower it to responsibly provide a unique and personalized customer experience. For more information, visit www.sghc.com.
Sports Entertainment Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. SEAH is focused on targets in the sports and entertainment sectors as well as the technology and services that are associated with these verticals. Its Class A common stock trades on the New York Stock Exchange (the “NYSE”) under the symbol “SEAH”. SEAH’s management team is led by Eric Grubman and John Collins who each have decades of experience identifying, acquiring, operating and creating value for the owners of leading companies and entities. For more information, visit www.sportsentcorp.com.
Messrs. Menashe and Grubman discussed:
- The pending business combination with SEAH
- Massive TAM opportunity in global online gaming market
- Super Group’s competitive advantage in acquiring and retaining customers at scale
- Business outlook and future plans for growth
About the Speaker:
Neal Menashe is the CEO of Super Group. He leads the development and execution of the Group’s strategy and growth. In driving forward the Group, Neal draws upon more than two decades experience in the online gaming industry, which he has helped to shape. In 2001, Neal co-founded Win Technologies, a leader in online marketing support, CRM and technological solutions which was acquired by the Betway Group in 2011. Over his extended tenure, Neal has fulfilled almost every role across the business, resulting in a deeply embedded understanding of product and customers. After qualifying as a chartered accountant at Arthur Andersen in 1998, Neal started his journey in the online world and has never looked back.
Eric Grubman has been the Chairman of SEAH’s Board of Directors and SEAH’s Chief Financial Officer since July 2020. Prior to this role, Mr. Grubman served as Chairman of the Board of On Location Experiences, a premium experiential hospitality business from April 2018 to January 2020. Previously, from May 2004 until July 2018, Mr. Grubman served in various roles with the National Football League (NFL), most recently as the Executive Vice President of Business Operations, where he was involved in numerous significant transactions, including the sales of NFL teams and construction of stadiums and was heavily involved with managing relationships with NFL partners. Prior to the NFL, Mr. Grubman served as Co-President at Constellation Energy Group, an energy company that provides electric power, natural gas, and energy management services, from September 1999 to April 2002. Prior to his role with Constellation, Mr. Grubman served in various roles at Goldman Sachs, including as Partner and co-head of the Energy Group. Mr. Grubman earned a bachelor’s degree in economics from the United States Naval Academy and an M.B.A. from Harvard Business School. Mr. Grubman was selected to serve on our Board due to his years of executive experience working with professional sports leagues, as well as his investing experience.
Jarrett Banks, Editor-at-Large