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Sports Betting Bill Introduced in South Carolina

Neil Parker

Last Updated: April 22, 2022 7:25 AM EDT • 55 sec read.

CHARLOTTE, NORTH CAROLINA - DECEMBER 30: Zeb Noland #8 of the South Carolina Gamecocks warms up prior to the Duke's Mayo Bowl against the North Carolina Tar Heels at Bank of America Stadium on December 30, 2021 in Charlotte, North Carolina. Jared C. Tilton/Getty Images/AFP (Photo by Jared C. Tilton / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

South Carolina lawmakers introduced House Bill 5277 to the House Committee on Judiciary on Thursday, which includes legislation to legalize retail and mobile sports betting in the state.

The bill was introduced by Republican Representative William Herbkersman and co-sponsored by Democratic Representative Todd Rutherford, so there is at least initial bipartisan support for the bill.

https://twitter.com/JNucci23/status/1517457151568097280

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The bill would enable eight to 12 mobile sportsbooks in the state with a 10% sports betting tax rate on gross revenue. Additionally, a $500,000 licensing fee will be required.

It’s also interesting to see crypto currencies listed among the acceptable cash equivalents in the bill.

RELATED: North Carolina Governor Sees Big Picture with Mobile Sports Gambling

This is the second bill introduced to legalize sports betting in South Carolina, as House Bill 3395 was brought before the House Committee on Judiciary in January 2021. However, the bill has never been voted on.

https://twitter.com/ButlerBets/status/1517501327785529345

South Carolina’s legislative session ends Wednesday, June 15, so there is ample time for lawmakers to find common ground and agree on the particulars to legalize sports betting, but it will be interesting to see how it plays out over the coming weeks.

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Written By:
Neil Parker
A lifelong Cowboys, Cubs, Maple Leafs and Gators supporter, Neil has been covering sports in print and online since 2011. His past stops include USA TODAY, theScore, DraftKings Playbook and RotoWire among others. He's a graduate of St. Thomas University and Acadia University and spends ample time at KenWo Golf Club.