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South Carolina Introduces Bill to Legalise Sports Betting

The South Carolina Sports Wagering Act, Bill 3625, aims to legalise sports betting and establish the South Carolina Sports Wagering Commission to oversee the industry. The proposed legislation would permit sports betting through licensed operators using approved mobile applications or digital platforms, with a 12.5% privilege tax and comprehensive licensing requirements for operators and suppliers.

The legalisation of sports betting in South Carolina could have significant economic benefits, generate tax revenue, and provide funding for education and infrastructure. It also aims to regulate the industry, protect consumers, and address gambling-related harm, making it an important step in building a regulated framework for sports betting.