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South Carolina Bingo Revenue Bond

A South Carolina Bingo Revenue Bond is required for organizations that operate bingo games in South Carolina. This bond protects the state by guaranteeing that bingo operators will properly collect and pay all taxes and revenues owed from their bingo activities. If an operator fails to pay what they owe or breaks bing…

Bond amountVaries by license type or project
State or jurisdictionSouth Carolina
ObligeeState of South Carolina

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

A South Carolina Bingo Revenue Bond is required for organizations that operate bingo games in South Carolina. This bond protects the state by guaranteeing that bingo operators will properly collect and pay all taxes and revenues owed from their bingo activities. If an operator fails to pay what they owe or breaks bing…

Who usually needs it

Manufacturers, distributors, and promoters of bingo cards or bingo games, as well as licensed non-profit organizations operating bingo games under various license classes (Class AA, B, C, E, F) in South Carolina. This bond is required to obtain and maintain a bingo license from the South Carolina Department of Revenue and ensures compliance with state laws …

Pricing & timing

What to expect.

Generic pricing

Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds may price higher depending on the bond type and jurisdiction.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — typically 1–2 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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