S.C. Code Ann. § 40-81-500
Exemptions.
This chapter does not apply to: (1) an amateur boxing, wrestling, kickboxing, martial arts, or sparring exhibition, contest, or performance conducted by an institution of higher education or a secondary school if all participants are regularly enrolled students; (2) amateur boxing or wrestling matches sanctioned by the Amateur Athletic Union or the United States Amateur Boxing Federation or other amateur associations or groups approved by the commission; (3) schools or organizations under the auspices of the United States Olympic Committee; or (4) events or exhibitions sponsored by USA Boxing—South Carolina Association, Inc.