Friday, July 13, 2007

New Scalping Law in Connecticut

Connecticut's move to legalize the reselling of tickets was big news last week. Governor Jodi Rell signed the bill to legalize ticket scalping .... a move hailed by ticket brokers who could finally work openly without searching for loopholes.

This new law takes effect October 1.

Despite some early opposition from Ticketmaster and state Attorney General Richard Blumenthal, both the House and Senate of the state's General Assembly approved the new law unanimously, which lifts all caps and restrictions on the resale of event tickets, creates a 1500 - foot, no scalping buffer zone around venues and toughens the punishment for the sale of counterfeit tickets. Prior to the General Assembly vote, Ticketmaster withdrew any opposition, in part because the company is in the midst of expanding its auction and resale businesses.

article by Ticket News

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