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Speculative Ticket Sales Spark Industry Push to Close a Legal Loophole: ‘The Fan Is Tricked’
Speculative ticket sales spark an industry push to close a legal loophole that allows scalpers to list tickets to event that haven't gone on sale.
While critics have had success in Maryland passing legislation banning speculative ticketing, lawmakers in New York state recently gutted a bill that would have outlawed it there. Nichols and Marro worry about the problems speculative ticketing will cause for major sporting events like the 2026 FIFA World Cup, which is taking place across North America next summer. Stephen Parker, executive director of NIVA, says his group has made progress at the state level outlawing the practice, but is worried that federal legislation protecting it as a concierge service could keep it legal for decades.
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