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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 seller.
The following year, the company filed a lawsuit against the ticket broker Prestige Entertainment after the company used bots to buy more than 30,000 tickets to the Broadway play "Hamilton". [ 35 ] The company reported nearly 500 million tickets sold for 400,000 events in 2018.
Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates. [1]
For premium support please call: 800-290-4726 ... A Powerball ticket sold in California won almost $2.5 million, just missing out on the estimated $758 million jackpot, lottery officials say ...
Initially, Gametime only offered tickets for select stadiums in San Francisco, [23] but soon expanded to Los Angeles. [26] The number of available venues rose to 35 cities the U.S. and Canada by July 2015, [5] [27] and covered 48 cities by February 2016, with over 500 teams featured. [1] Presently, Gametime offers tickets in 60 cities in North ...
TicketNetwork is an online marketplace that provides an outlet for buyers and sellers of tickets to live entertainment events. The company was founded in 2002 by ticket broker Don Vaccaro and software developer Doug Kruse. [1] It operates several retail sites and partners with large name brand travel and media companies.
Three Long Island-based ticket brokers agreed to pay around $3.7 million to settle alleged violations of the Better Online Ticket Sales (BOTS) Act, the Department of Justice and Federal Trade ...