Knowledge

Ticket resale

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them for higher profits. Fraudsters will deploy thousands of bots from untraceable IP addresses in a brute force attack as soon as a venue or ticket seller first makes them available for sale. In 2017, one of the largest online ticket sellers Ticketmaster filed a lawsuit against Prestige Entertainment for their continued use of scalper bots despite paying $ 3.35 million to the New York Attorney General's Office just a year prior. Ticketmaster claimed that Prestige Entertainment was able to lock up 40% of available tickets for performances of the hit Broadway musical
38: 540:, ticket resale is a $ 5 billion industry. Ticket resale on the premises of the event (including adjacent parking lots that are officially part of the facility) may be prohibited by law. The laws vary from state to state, and the majority of US states do not have laws in place to limit the value placed on the resale amount of event tickets or where and how these tickets should be sold. Ticket resellers may conduct business on nearby sidewalks, or advertise through newspaper ads or ticket brokers. 364:
This includes a clear statement indicating that the service being used is a ticket resale platform, thereby not directly affiliated with primary ticket providers. Additionally, it is imperative that these platforms provide a comprehensive breakdown of the ticket's cost, comparing the original selling price to the resale price, hence offering transparency about the markup. This total cost can be determined through various means such as the price indicated on the ticket.
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seller. Generally, the majority of trading on ticket brokering websites concerns itself with tickets to live entertainment events whereby the primary officially licensed seller's supply has been exhausted and the event has been declared sold out." Critics of the industry compare the resale of tickets online to "ticket touting," "scalping," or a variety of other terms for the unofficial sale of tickets directly outside the venue of an event.
120: 174:(2008–10). Ticketmaster has since changed the name of the system to "Credit Card Entry". The system requires large groups to enter together with the person who purchased tickets. Some events have Ticket Transfer which allows the tickets to change ownership and allow for tickets to be transferred through Ticketmaster's proprietary systems. These cannot be later resold or transferred via 139:) work outside events, often showing up with unsold tickets from brokers' offices on a consignment basis or showing up without tickets and buying extra tickets from fans at or below face value on a speculative basis hoping to resell them at a profit. There are many full-time scalpers who are regulars at particular venues and may even have a pool of loyal buyers. 657:, tickets were free. However, identification of ticket holders is checked when entering and while standing in line and most notably when progressing from the entrance queue into the studio space. Those measures serve effectively as a means of preventing those reserving the sought-after tickets from selling them for a cash value upon reservation. 461:
ticket scalping of sports and music events, especially the scalpers who bought massive numbers of tickets for the sole purpose of resale and were causing much distress to the public and enabled scalpers to evade paying taxes. Since no law had cleary outlawed the practice, it could not be legally fought prior to the new law.
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an increase in the ticket price. This caused event promoters to put restrictions on the number of tickets that can be purchased in one transaction, which has greatly reduced unfair ticket pricing. After many complaints from the community and event promoters, the Commonwealth Consumer Affairs Advisory Council and
571:," a competition with random winners, with the prize being the opportunity to purchase a small number of tickets. The ballots are intended to discourage reselling by making it more difficuly to purchase large numbers of tickets because being at the front of the queue does not guarantee the holder a ticket. 546:
Some US states and venues encourage a designated area for resellers to stand in, on, or near the premises, and other states and venues prohibit ticket resale altogether. Resale laws, policies, and practices are generally decided, practicedm and governed at the local or even venue level in the USm and
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It is controversial whether tickets are goods which can be privately resold. Typically, private resale will contravene the original conditions of sale, but it is legally questionable whether the original conditions of sale are even enforceable; however, most venues declare that they have the right to
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For popular events with soldout tickets, resellers may sell the tickets at several times the face value. If resellers buy the tickets and the tickets are not sold out, they risk a loss. There may be individuals who wish to attend a popular event (and decide to sell their tickets later) and those that
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put into law Bill 25 in June 2012, making it illegal for ticket brokers to resell a ticket for more than the face value of the ticket without first obtaining permission from the ticket's original vendor. Brokers reselling tickets are required to inform consumers the tickets are being resold and must
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In recent efforts to combat illegal ticket scalping and enforce resale laws, Australia has seen the emergence of responsible ticket resale companies employing advanced technologies. Australian regulations stipulate that ticket resellers must conspicuously display key information to potential buyers.
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In recent years, fraudsters have started to use more complex methods by which they obtain tickets for resale on the secondary market. Similar to the technology used to snatch up rare shoes and sneakers, automated bot attacks have become a common way to acquire large numbers of tickets only to resell
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of those tickets. This is often possible if the reseller is a season ticket holder. Season ticket holders generally receive the same exact seat locations year after year thus they can enter a contract to deliver on tickets that they own the rights to, even if those tickets have not even been printed
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In Australia, the secondary ticket market has been put under much scrutiny in the past few years as ticket scalpers dominated the resale ticket market. Scalpers would purchase tickets in bulk from the promoter hoping that the tickets would sell out causing an increase in demand for tickets and thus
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A similar practice used among ticket resellers is to list an item as an online auction (such as eBay), most commonly an innocuous item such as a collector's cardm and give the tickets as a bonus to the winning bidder and so they do not actually sell tickets to circumvent ticket laws. That does not
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selling fake tickets to unsuspecting buyers. Another common scalping practice is to sell tickets that have already been scanned at the venue gate. Entry is typically allowed only when a ticket is scanned for the first time, but unsuspecting buyers may purchase an authentic but unusable ticket that
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depending on demand, which tends to vary as the event date approaches. When the supply of tickets for a given event available through authorized ticket sellers is depleted, the event is considered "sold out," generally increasing the market value for any tickets on offer through secondary sellers.
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put into effect in 2002 the 67th Amendment to the Israeli Penal Code, enacting Section 194a, which outlaws ticket scalping. The new section states that unlicensed persons reselling tickets at above face value will be subject to fines. The new addition to the penal code enabled police to fight the
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Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official
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Ticket brokers operate out of offices and use the internet and phone call centers to conduct their business. They are different from scalpers since they offer a consumer-facing storefront to return to if there is any problem with their transaction. The majority of transactions that occur are via
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developed a strong online presence and made several acquisitions to compete in the secondary markets. Securities analyst Joe Bonner, who tracks Ticketmaster's parent company New York-based IAC/InterActiveCorp, told USA Today: "You have to look at the secondary market as something that is a real
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A concern when buying tickets on the street from a ticket scalper or via an online auction is that the tickets sold by ticket resellers may themselves be stolen or counterfeit. For many major sporting events, counterfeit tickets are auctioned off in the months leading up to the event. Criminals
112:. Established resellers may operate within networks of ticket contacts, including season ticket holders, individual ticket resellers, and ticket brokers. They make a business out of securing hard-to-find and previously sold-out tickets that are no longer available through the official 519:
In July 2016, several prominent music managers in the UK including Ian McAndrew, Harry Magee, Brian Message and Adam Tudhope came together to fund a new initiative called the FanFair Alliance, to work towards tackling the issue of 'industrial-scale online ticket touting'.
345:, an Australian-based ticketing company. Efforts to clamp down on ticket resale have included labeling tickets with the name or a photograph of the buyer and banning people without tickets from the vicinity of the event to prevent the purchase of secondary market tickets. 249:. These sites act as marketplaces that allow users to purchase tickets from a large network of brokers. Some brokers offer advice on the best way to buy tickets starting with the box office and working with a broker if tickets are unavailable through the box office. 196:
Obtaining tickets through presales has become increasingly common. These presales often use unique codes specific to an artist's fan club or venue. The advent of presales has allowed more individuals to participate in reselling tickets outside of a brokers office.
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credit card over the phone or internet. Some brokers host their own websites and interact directly with customers. These brokers are able to offer additional services such as hotel accommodation and airfare to events. Other brokers partner with online
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websites as soon as they become available. Customers have argued that generates an unfair advantage for the scalpers and adds to an already-controversial practice, and many sites have begun implementing anti-bot measures to combat such tactics.
436:, Ireland's main ticket seller, runs a service called Seatwave which resells tickets, some at wildly inflated prices. However, selling tickets in a public place (e.g. outside a venue) is illegal under the Casual Trading Act, 1995 — in 2015 376:
tell consumers the name of the ticket's original vendor and the original face value price. The penalty to violating the law includes fines of $ 1,000 to $ 2,000 for the first offense, and as much as $ 200,000 for repeated violations.
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to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets. Tickets sold through secondary sources may be sold for less or more than their
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Though scalping is most commonly associated with ticket sales, the process of buying desirable commodities and selling them off for a higher rate has proven lucrative with other items, particularly electronic devices such as
383:, reselling the tickets above face value is prohibited by the Ticket Speculation Act and is punishable by a fine of $ 5,000 for an individual (including those buying the tickets above face) or $ 50,000 for a corporation. 236:. The BOTS Act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market. 1505: 626:
Online auction sites like eBay enforce state ticketing laws only if either the buyer and/or the seller resides in the state in which the event takes place. Otherwise, there is no resale limit for tickets.
412:. Ticket resellers reportedly purchased two thirds of all available tickets to capitalize on public demand. As a result, in 2017, Ontario announced legislation to attempt to crack down on scalper bots. 638:, which sold out 137,500 tickets within less than two hours in 2007, introduced a system in the same year whereby tickets included photographic ID of the original buyer to enforce non-exchangeability. 204:
was a practice in use mostly in the 1980s, some ticket brokers offer tickets even before the tickets are officially available for sale. In such scenarios, those ticket resellers are actually selling
1107: 45:, people wishing to attend a boxing match are told that all the good tickets were sold (to "specs" — that is, speculators) yesterday, even though the match was only announced that morning. 356:
In Victoria, New South Wales, South Australia and Western Australia, the reselling of tickets for more than 10% above its face value is banned; in the latter three states, the use of
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selling stolen or counterfeit tickets are not to be confused with legitimate ticket brokers and individuals who abide by the law to legally resell tickets on the secondary market.
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actually get around eBay's selling rules, which effectively state that the goods that the buyer receives are the ones that are sold by the seller, including any free bonuses.
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Another issue in the US is that since ticketing laws vary by state, many ticket resellers use a loophole and sell their tickets outside of the state of an event.
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Effective July 1, 2015, in an effort to protect consumers from purchasing fraudulent tickets, Ontario created an exemption under the Ticket Speculation Act to:
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Ticket resellers use several different means to secure premium and previously sold-out ticket inventories (potentially in large quantities) for events such as
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started adoption of a "paperless" restricted ticketing in which tickets could not be resold. Under the system, customers prove their purchase by showing a
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Other than in the case of football tickets, there is no legal restriction against reselling tickets in the UK although individual organisations (like
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buy tickets in large quantities in order to resell their tickets for a profit. Some countries have restricted the unauthorized resale of tickets.
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The late 1990s and early 2000s saw the emergence of online ticket brokering as a lucrative business. The American corporate ticket reselling firm
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Depending on the ticketing body's conditions of sale, tickets may be voided if they are resold for a profit. That is so with tickets bought from
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that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the
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http://www.konsumentverket.se/Om-oss/Nyheter-och-aktuella-fragor/Pressmeddelanden/Pressmeddelanden-2014/Koll-pa-konsertbiljettskopet/
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that are similar to official box-office websites and sometimes imply via their texts or their pictures that they are official, use
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and ID. The measure was taken in response to ticket scalping and resale markup of tickets on secondary markets and adopted during
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has been around a few years now already. They weren't as proactive as they probably should have been." Ticketmaster launched
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Permit tickets to be resold above face value in circumstances where tickets are authenticated or have a money-back guarantee
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reported that could help the agency determine demand for a given event and more effectively compete with ticket resellers.
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chose Ace Ticket over StubHub to sell their tickets. There are also independently owned online ticket resellers such as
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Some ticket sellers allow buyers to provide personal information in exchange for being allowed to buy tickets earlier.
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Jules Polonetsky, Commissioner, NYC Dept. of Consumer Affairs (October 29, 1999). "Polonetsky Warns Ticket Scalpers".
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of 2016, more commonly referred to as the BOTS Act. The legislation was signed into law in December 2016 by President
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to increase traffic to their website, and avoid clearly stating the real prices that are charged for a ticket.
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Allow tickets to be resold at a price that includes any service fees paid when the ticket was first purchased.
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The growth of the ticket resale market has been consistently growing and is expected to expand even further.
432:, declined to pass a law against touting and said that would just drive resellers to websites based abroad. 736:"THE TRUNK LINE WARFARE - WHAT THE RAILROAD PASSENGER AND TICKET AGENTS SAY. - View Article - NYTimes.com" 441: 1490: 1210: 735: 269:
site TicketExchange in November 2005. Ticketmaster acquired former rivals GetMeIn and TicketsNow, while
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conducted a survey discussing scalping issues and released The Ticket Scalping Issue Paper for NSW.
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unless the resale is authorized by the organizer of the match. The secondary ticketing market
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in Las Vegas in 2015. In an effort to curtail such behavior, Congress moved to pass the
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New York State law permits prices above face value only by the greater of $ 5 or 10%.
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Many event promoters actively discourage ticket scalping, as seen by this sign at the
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Department of Mines, Industry Regulation and Safety | Government of Western Australia
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such laws and or interpretations are not currently generalized at a national level.
1880: 1626: 753:"Ticketmaster Credit Card Entry - Information and FAQs. Official Ticketmaster Site" 350: 205: 143: 1864: 1509: 705: 695: 309: 266: 246: 175: 136: 71: 647: 642: 614: 482: 429: 274: 109: 752: 1874: 537: 1716:"M2006 > Ticketing > About the Ticket Ballot and Special Ticket Offer" 1157:
Department of Jobs, Skills, Industry and Regions | Victoria State Government
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Enable official ticket sellers to authenticate tickets that are being resold
808: 670: 610: 583: 506: 498: 433: 357: 257: 233: 155: 1340:"Newsroom : Ontario Protecting Consumers in the Resale Ticket Market" 776: 224:, as well as a majority of the tickets Ticketmaster had available for the 132: 575: 405: 159: 96:
was applied to railroad ticket brokers who sold tickets for lower rates.
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Koll pÄ konsertbiljettsköpet?, KonsumentvÀrket, retrieved 18 June 2014
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http://www.sydsvenskan.se/kultur--nojen/svartbiljetter-kan-forbjudas/
816:. Reuters. June 21, 2009. Archived from the original on June 27, 2009 617:, which may bring the sale price of tickets closer to market prices. 485:, the resale of football tickets is illegal under section 166 of the 82: 1575: 1373:"After Tragically Hip show outrage, Ontario moves on ‘scalper bots’" 1360: 781: 342: 31: 969:"TicketsNow.com, Inc.: Private Company Information - Businessweek" 904:"Congress Moves to Curb Ticket Scalping, Banning Bots Used Online" 502: 490: 457: 408:
had been diagnosed with terminal brain cancer, the band held the
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regardless of limitations that are imposed by event organizers.
1830:"Scalper-Bots Shake Down Desperate PS5, Xbox Series X Shoppers" 1740:
Ticketmaster Auction Will Let Highest Bidder Set Concert Prices
1459:"Polish football official arrested for ticket-touting at Aviva" 948:"Ticketmaster's near monopoly challenged as technology changes" 885:"Ticketmaster Sues Broker Over Use of 'Bots' to Buy Up Tickets" 813: 568: 470: 453: 372: 1393:"Anti-touting laws would just send business online – minister" 1268:
Commission, Australian Competition and Consumer (2023-02-19).
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Consumer and Business Services | Government of South Australia
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Some promoters have ceased selling tickets in the traditional
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Svartbiljetter kan förbjudas, Sydsvenskan 7 September 2010
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manner and require prospective ticket holders to enter a "
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Ticket resale by scalpers above face value is legal in
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Events that have sold tickets by ballot include the
1867:: New York Attorney General Report on Ticket Resell 166:, although Ticketmaster first experimented it with 1872: 27:Act of reselling tickets for admission to events 1598:"The surreptitious rise of the online scalper" 1536:"Inside Wimbledon's Black Market Ticket Trade" 777:"Ticketmaster tries to cut out scalpers again" 261:threat to Ticketmaster. They missed the boat. 99: 60:when done for profit) is the act of reselling 1804:"The Concert Ticket Industry Is Still Broken" 1062:"Don't Get Misled By Online Ticket Resellers" 605: 532:A sign prohibiting tickets sales at any price 1640:: CS1 maint: multiple names: authors list ( 558: 426:Minister for Jobs, Enterprise and Innovation 796: 1267: 487:Criminal Justice and Public Order Act 1994 327: 212: 1821: 1186:Fair Trading | New South Wales Government 226:Floyd Mayweather and Manny Pacquiao fight 1801: 1551:"Bands urge action against ticket touts" 1438: 1013:"Sox snub StubHub, sign with Ace Ticket" 939: 631:Personalized tickets and other responses 527: 291: 118: 36: 1886:Retailing by products and services sold 1827: 1439:MacNamee, Garreth (16 September 2015). 1059: 1010: 945: 901: 501:for 2012/13 season, and the competitor 400:Following an announcement in 2016 that 209:or sent to the original ticket holder. 142:One common concern with resale is with 123:A ticket scalper selling tickets for a 14: 1873: 1733: 1718:. Melbourne2006.com.au. Archived from 1595: 1548: 1390: 1137:: CS1 maint: archived copy as title ( 1031:"Secondary Tickets Market Size Report" 1896:Retailers by type of merchandise sold 988: 267:fan to fan secondary ticket reselling 360:to purchase tickets is also banned. 164:Miley Cyrus (2009) World Wonder Tour 1828:Bracken, Becky (10 November 2020). 1411:"Anyone buying or selling tickets?" 1211:"Ticket scalping laws are changing" 1087:"New bid to stop Glastonbury touts" 493:signed partnership agreements with 316:, many online ticket resellers use 239: 24: 1656:"Ticket Reselling Laws in the USA" 1060:Barrett, Stephen (April 2, 2017). 553: 185: 92:During the 19th century, the term 25: 1907: 1851: 1048:TicketNews: Importance of Brokers 476: 1757:"Glastonbury tickets snapped up" 902:Sisario, Ben (9 December 2016). 523: 70:Ticket resale is common in both 1802:Horowitz, Steven (2 May 2017). 1795: 1774: 1749: 1708: 1693:. Bigdayout.com. Archived from 1683: 1662: 1648: 1617: 1589: 1568: 1542: 1528: 1514: 1495: 1483: 1469: 1451: 1432: 1403: 1391:Reilly, Gavan (December 2011). 1384: 1366: 1350: 1332: 1307: 1286: 1261: 1250:from the original on 2023-03-21 1232: 1221:from the original on 2023-03-19 1203: 1192:from the original on 2023-03-10 1174: 1163:from the original on 2023-03-30 1153:"Legislation | Ticket Scalping" 1145: 1100: 1079: 1053: 1041: 1023: 1004: 982: 961: 230:Better Online Tickets Sales Act 1746:. Retrieved February 24, 2007. 1182:"New laws on ticket reselling" 1050:. Retrieved December 19, 2012. 1011:Abelson, Jenn (8 March 2008). 914: 895: 877: 863: 842: 769: 745: 728: 13: 1: 1858:Ticket Distribution Practices 1596:Guzman, Zack (4 March 2015). 1549:Savage, Mark (14 July 2016). 991:"Murdoch aide joins Seatwave" 989:White, Dominic (2008-07-14). 721: 663: 580:Ahmet ErtegĂŒn Tribute Concert 298:Vancouver Folk Music Festival 273:bought StubHub. In 2008, the 336: 287: 7: 946:Milicia, Joe (2008-01-19). 689: 442:Polish Football Association 100:Purchase and resale methods 81:Ticket resale is a form of 10: 1912: 1576:"About - FanFair Alliance" 1270:"Buying tickets to events" 1035:Business Research Insights 606:Selling tickets at auction 415: 189: 147:has already been scanned. 29: 834:: CS1 maint: unfit URL ( 559:Selling tickets by ballot 464: 447: 367: 41:In this 1920s cartoon by 1315:"Ticket Speculation Act" 333:refuse entry to anyone. 192:Sports ticket derivative 596:2006 Commonwealth Games 565:first-come-first-served 505:hold partnerships with 328:International responses 213:Automated scalping bots 1089:. BBC News. 2007-01-11 922:"Ticket Buying Advice" 533: 301: 128: 46: 1319:Government of Ontario 711:Internet ticket fraud 531: 440:, an official of the 410:Man Machine Poem Tour 295: 122: 62:tickets for admission 40: 1381:, February 28, 2017. 873:. CNBC. 13 May 2017. 757:www.ticketmaster.com 701:Price discrimination 636:Glastonbury Festival 322:internet advertising 172:Black Ice World Tour 131:Ticket scalpers (or 1697:on February 3, 2009 1363:, October 21, 2016. 1217:. 16 January 2023. 993:. London: Telegraph 675:video game consoles 586:reunion concert at 516:) may prohibit it. 422:Republic of Ireland 1863:2008-03-31 at the 1744:The New York Times 1658:. 9 December 2022. 1508:2016-10-21 at the 1479:. Israeli Knesset. 1378:The Globe and Mail 1240:"Ticket reselling" 654:The Colbert Report 620:The New York Times 534: 402:The Tragically Hip 302: 129: 89:for the tickets). 87:equilibrium prices 47: 891:. 2 October 2017. 679:computer hardware 613:sells tickets in 594:in 2007, and the 509:and other clubs. 206:forward contracts 16:(Redirected from 1903: 1845: 1844: 1842: 1840: 1825: 1819: 1818: 1816: 1814: 1799: 1793: 1792: 1790: 1789: 1778: 1772: 1771: 1769: 1768: 1753: 1747: 1737: 1731: 1730: 1728: 1727: 1712: 1706: 1705: 1703: 1702: 1687: 1681: 1680: 1678: 1676: 1666: 1660: 1659: 1652: 1646: 1645: 1639: 1631: 1627:The Jewish Press 1621: 1615: 1614: 1612: 1610: 1593: 1587: 1586: 1584: 1582: 1572: 1566: 1565: 1563: 1561: 1546: 1540: 1539: 1532: 1526: 1525: 1524:. 16 April 2007. 1518: 1512: 1499: 1493: 1487: 1481: 1480: 1473: 1467: 1466: 1465:. 30 March 2015. 1455: 1449: 1448: 1436: 1430: 1429: 1427: 1426: 1417:. 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Index

Ticket scalping
scalping

Tad Dorgan
tickets for admission
face value
sporting
musical events
arbitrage
equilibrium prices
concerts
sporting events
box office

Penn State
ticket touts
British English
scam artists
Ticketmaster
credit card
Miley Cyrus (2009) World Wonder Tour
AC/DC
Black Ice World Tour
ticket exchanges
StubHub
Sports ticket derivative
derivatives
forward contracts
Hamilton
Floyd Mayweather and Manny Pacquiao fight

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