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After joining the EU in 2004, Malta structured its economy to facilitate the iGaming industry. They created the Malta Gaming Authority so they could license software and casinos in-country, created favourable tax incentives and the tech infrastructure required for the industry. Together, this has made Malta one of the most competitive European bases for iGaming software and casinos and provided EU market access. Betting duty in the UK used to be 6.75%, but since Gordon Brown’s 2001 budget as Chancellor of the Exchequer all gambling winnings have been tax-free. Similarly, vouchers and prepaid cards like Paysafecard allow cash users to play by buying the card or voucher in participating local shops.
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