SCALPER CITY | Gov. Spitzer To Legalize Ticket Scalping
Governor Elliot Spitzer is about making ticket scalping in New York legal. The plan to drop the scalping law got an okay from theater owners, who were once the biggest lobby group against ticket brokers. Here's the scoop:
Spitzer...argued that the free market should drive ticket prices for concerts, plays and sporting events.
"My view has always been that the laws don't work," Spitzer told The Post last week.
"The reason the laws don't work is it's the only product I know where we are regulating the secondary market but we don't set a price for the primary market. It makes no sense."
The state's anti-scalping law is set to expire in June.
So get ready for those already expensive sold out tickets to get even more expensive, especially when a very popular band plays some small capacity club where only 1/3 third of the tickets actually go on sale to the public, another 1/3 get held by the record company and the venue and the last 1/3 mystery turned up on eBay.
And how will this effect the secondary market for trading tickets for sex.
And in all seriousness, how long until Ticketmaster develops their own secondary market ticketing site. Oh wait, they already have..........