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South Carolina: Sports betting bill proposed

Tuesday, December 17, 2024 7:15 AM
  • WSN

It didn’t take long for the first sports betting bill of the 2025 legislative session in South Carolina.

Representative Chris Murphy (R) introduced a new bill to legalize sports betting in the Palmetto State. House Bill 3625 would create the South Carolina Wagering Act, creating a legal market. The Act would create eight sports betting operating licenses and charge a tax rate of 12.5%. It would also create the South Carolina Sports Wagering Commission to regulate the industry.

If passed, the Act would create a fairly standard US sports betting market, except for the minimum age. Bettors in South Carolina must be at least 18, joining a small group of states with a minimum age below 21.

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Daily Fantasy Sports would also be legalized if the Act becomes law. The industry is currently unregulated in the state, incentivizing the state to legalize it.