South Carolina's latest sports betting legislation, House Bill 3625 (also known as the South Carolina Wagering Act), proposes to establish regulated sports betting with several notable features:

Key Points:

• Minimum betting age set at 18 years old
• 12.5% tax rate proposed
• Eight licensed operators allowed
• Includes daily fantasy sports (DFS) legalization
• Creates South Carolina Sports Wagering Commission as regulator

The bill, introduced by Republican Rep. Chris Murphy of Dorchester County, would allow betting on sporting events, individual performance statistics, and combinations thereof through mobile applications and digital platforms.

Notable Features:

• Mobile and digital platform betting allowed
• No physical casino requirement
• Bipartisan support
• State lottery would be main competitor

Previous Attempts:

• Similar bills failed in 2022 and 2023
• Two previous proposals gained House momentum but died in Senate
• Current governor opposes gaming expansion

Market Potential:

• South Carolina's population exceeds several existing betting markets
• Neighboring North Carolina shows revenue potential
• Would join only five jurisdictions allowing 18+ betting

The bill faces historical challenges in the state legislature, but supporters hope North Carolina's success might influence the outcome in 2025's legislative session.

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