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South Carolina lawmakers face opposition to proposed casino expansion

Regulation

Religious leaders in South Carolina lobbied lawmakers in Columbia against casino expansion as state representative Bruce Bannister prepares a gambling proposal, according to reports. The proposal would establish a state commission to award casino licences and direct 35% of casino tax revenue to the South Carolina Conservation Bank. Governor Henry McMaster opposes casinos and sports betting and could veto the bill if it passes the General Assembly.

Operators and investors face political opposition to a proposal that could create a casino licensing framework in South Carolina.

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Regulation

South Carolina lawmakers prepare to debate casino bill with revenue-sharing plan

South Carolina lawmakers are preparing to debate House Bill 4176, which would permit retail casinos in selected rural counties, after reaching agreement on proposed tax-revenue allocations. The plan would direct 35% to the state conservation bank, 30% to the Veterans’ Trust Fund, 26% to the General Fund, 5% to the host county and 4% to counties along the Interstate 95 corridor. The bill has 19 co-sponsors, while Governor Henry McMaster opposes gambling.

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