Nonprofit organizations in South Carolina are allowed to raise funds legally with Bingo activities. The organization must be operating in the state for at least three years before applying for a Bingo license.
Organizations that generate funds through Bingo games must contract the activities through a licensed solicitor and/or promoter to manage, operate, or conduct a game. The Department of Revenue enforces the laws and rules. Violations could result in fines, loss of a license or criminal charges. Applicants must complete the application, pay the applicable fees, and obtain a surety bond. Additional requirements must be met depending on the type of license the applicant is applying for.
Manufacturers, Promoters, Organizations or Distributors of Bingo Cards are required to obtain a bond in an amount approved by the South Carolina Department of Revenue. The bond ensures faithful compliance with the department's regulations.
South Carolina's Department of Revenue is the obligee that requires a South Carolina Bingo Revenue Bond.
The required surety bond amounts are as follows:
The fees for a Bingo License are based on the license type:
Promoters, Manufacturers, and Distributors must obtain a license. Fees are:
Admission to Bingo events is determined by the class of license:
The premium that you pay for a South Carolina Bingo Revenue Surety Bond is dependent on credit and the bond amount required. Our Surety Bond Specialists can give you a free quote based on your specific situation.
A Bingo promoter, manufacturer, and distributor license is valid for one year.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, call us first. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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