B90 says UK gambling tax hike will have no effect on business

(Sharecast News) - B90 Holdings said in an update on Friday that the UK government's decision this week to raise gambling taxes would have no effect on its business, as the online marketing group generates all its revenue from customers outside the United Kingdom. In a statement responding to market and media speculation following the 26 November Budget, the AIM-traded company said the duty increases announced by the chancellor would not affect its operations, financial guidance or commercial model.

It described current trading as strong and said performance so far this year was in line with broker expectations.

The board said it remained encouraged by momentum across the business and the expansion of its international partner network.

It added that December was typically a robust month for trading, and expressed confidence in delivering full-year results consistent with, or ahead of, expectations.

B90 said it expected to provide a fuller update after its financial year-end in early 2026, adding that it currently anticipated reporting continued revenue growth and EBITDA profitability.

At 0833 GMT, shares in B90 Holdings were up 2.95% at 4.02p.

Reporting by Josh White for Sharecast.com.