facebook
twitter
rss
account
search
search
 

Spitzer expected to sign scalping bill

June 1, 2007 at 3:25 PM   |   Comments

NEW YORK, June 1 (UPI) -- A spokeswoman for New York Gov. Eliot Spitzer said he plans to sign a bill that would remove caps on ticket scalping.

The state Senate passed the bill Thursday and Spitzer was expected to sign it Friday in New York City, the New York Post reported.

"He's been very clear about how you shouldn't regulate the secondary market when the primary market isn't regulated," said Spitzer spokeswoman Christine Anderson.

The New York Daily News reported the bill would remove a ban on selling tickets for more than 45 percent above face value. However, it would also require scalpers to sell their tickets at least 1,500 feet away from large venues and at least 500 feet away from smaller venues. Internet sales, however, would be completely unregulated.

The ruling was welcomed by theaters and online ticket brokers.

"Ticket owners want the same freedoms in selling their tickets as they have in selling their homes or their cars," said Sean Pate, a spokesman for online ticket broker StubHub Inc. "That includes getting a good price for them."

© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
U.S. Air Force orders more RQ-4 Global Hawks U.S. Air Force orders more RQ-4 Global Hawks
2
The FBI announces completion of facial recognition program The FBI announces completion of facial recognition program
3
New York state may legalize recreational marijuana by next year New York state may legalize recreational marijuana by next year
4
Hurricane Odile strikes Mexican resort town Hurricane Odile strikes Mexican resort town
5
Poroshenko offers eastern Ukraine self-rule Poroshenko offers eastern Ukraine self-rule
Trending News
Video
x
Feedback