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Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? Many Americans did -- StubHub reports that 83% of ticket sellers for U.S. concerts on ...
Quebec 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 tell consumers the name of the ticket ...
Before the rule change, 1099-K paperwork was only sent to those who had received more than $20,000 and had more than 200 transactions in a year, including reselling tickets, via a digital wallet ...
Mr Leon Smith said using automated tools or bots is the “most common way” of making money from tickets in 2024. ... where the practice of reselling tickets above face value is banned.
Tickets sold through an online ticket brokering service may or may not be authorized by the official 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".
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 ...
The environment that leads to one-to-one ticket sales between strangers is exacerbated by online touts who scoop up thousands of tickets just to resell them on platforms like Viagogo and StubHub ...
CashorTrade is a fan-to-fan face-value ticket-reselling market created in 2009 by brothers Brando and Dusty Rich based in Burlington, Vermont. [1] As of November 2017, the platform had users from 20 countries and had processed over half a million transactions. [2]