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One of StubHub's top sellers (as of 2017) in the ticket reselling industry is a thirty-year-old man from Montreal, Canada, Julien Lavallée, [91] [92] According to a November 9, 2017 article published in The Toronto Star, Lavallée was able to expand his business using "exploitative tactics" that "gam[e] the ticket marketplace and put ...
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.
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Man behind original ticket bot reveals how he scammed fans like you for millions during a U2 tour and others. How the guy behind the 1st ever ticket bot made $2.3 million from a U2 tour Skip to ...
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]
The Federal Trade Commission announced a final rule banning ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.
Why Big-Ticket Brokers Aren't Worth It. Dan Caplinger, The Motley Fool. Updated July 14, 2016 at 6:32 PM.
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.
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