🇧🇬 Bulgaria Targets Gambling for Revenue Boost

Bulgaria is setting sights on the gambling industry to address a €3.86bn budget deficit. Following European trends, the government has introduced higher taxes on both land-based and online gambling operations. This move aims to extract more revenue from one of the country's most profitable sectors. 🎰 However, stakeholders are concerned that these rising taxes could destabilize the market and deter future investments. This decision mirrors a broader shift across Europe, where several nations are increasingly viewing gambling as a vital avenue for revenue during challenging fiscal times. 💼