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deep tech ReadWrite October 16, 2026

Treatment funds in proposed South Carolina online betting plan

Treatment funds in proposed South Carolina online betting plan
AI Summary

South Carolina lawmakers’ proposed online sports-betting framework could eventually generate about $40 million a year, with 5% of revenue earmarked for problem-gambling treatment and prevention. Sports betting remains illegal in the state, so the plan would need to become law before operators could launch under its rules. The proposal, sponsored in 2025 by Sens.

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