Bulgaria has become a piece of heaven on earth for many gambling operators, thanks to huge tax cuts and vibrant gambling activities.

Novite.com reported that Bulgaria-based gambling operators raked in some BGN3 billion ($1.9 billion) revenue in 2017, which is now more than double than the gambling revenue they registered a decade ago.

What makes Bulgaria a gambling paradise is the huge tax benefits that many operators enjoy, according to the Center of the Study of Democracy (CSD), citing the data from Moody’s Amadeus. The group pointed out that licensed gambling operators in Bulgaria paid taxes worth BGN177 million ($111.02 million) in 2016 and BGN144 million ($90.32 million) during the first nine months of 2017.

“If the tobacco product market is estimated at BGN 3.5 billion in 2017, then the excise duties paid and the VAT are about 3 billion levs. With huge gambling profits, the tax paid for 2016 is BGN 177 million,” CSD analyst Tihomir Bezlov said, according to the news outlet.