Is Ticket Scalping All That Bad? - CNBC.
The detrimental effect that sophisticated ticket scalping software known as “ticket bots” have had on the arts and cultural markets has received significant media attention as of late due to skyrocketing online ticket prices for the widely popular musical Hamilton. This paper will address the history of ticket scalping in America, provide an explanation of how ticket bot software works.
A reader emails: This topic (ticket scalping) has come up among football fans at work and I hear lots of complaining about how unethical scalpers are and how scalping should be illegal.I protest that “scalping” while much maligned, is a valuable service to the marketplace. I think that the re-sell price (often 3-5 times retail) scalpers make on tickets is reward for the risk of ending up.
Ticket scalping is not legitimate and it should be banned because it is driven by greed and people who want something for nothing. This is a major problem with our economy. Ticket scalping is just the tip of the iceberg. Speculators caused the housing bubble to break because they were out for a quick profit. When people elect to not work for gain, but to trick others for gain, there will.
Is ticket scalping legal in Canada? By Miriam Yosowich. Many people across Canada have heard about the dustup that occurred over the Tragically Hip’s final concert tickets in the spring of 2016. The calamity ensued because scalpers were buying presale tickets en masse and reselling them at higher costs and quite a few fans were unable to secure tickets as a consequence. That opened up the.
Our ticket scalping series also generated significant engagement on social media. Several tweets and Facebook posts relayed by both media outlets were shared hundreds of times and generated hundreds of comments - including several tips - as well. One Facebook Live with Dave Seglins, CBC’s lead investigative reporter, and music journalist Alan Cross was viewed more than 48,000 times. For.
Ticket scalper definition, an unauthorized ticket speculator who buys tickets to a performance or sports event and resells them at inflated prices. See more.
The laws around ticket scalping focus on the seller, so if you’re buying the tickets you don’t have to worry about being arrested. However, scamming is rampant when buying scalped tickets. The most common one is a fake ticket, often for seats that don’t exist. Ticket brokers give some piece of mind for this, but individuals outside a venue will vanish with your cash. Just be sure if you.