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The regulator has taken its first legal action using the Better Online Ticket Sales (BOTS) Act meant to punish these scalping practices. The owners of Concert Specials, Just in Time Tickets and ...
Services already operating on the researcher’s findings go by names like Secure.Tickets, Amosa App, Virtual Barcode Distribution and Verified-Ticket.com. 404 Media’s entire story is worth reading.
For example, a 2022 Red Hot Chili Peppers show at Bank of America Stadium in Charlotte, N.C. had per-ticket fees of $25.75, plus $3.49 for processing, meaning one concert-goer would pay $29.24, an ...
With icons like Taylor Swift on tour this summer, concert ticket purchases are booming. Unfortunately, so are ticket scams. In 2022, the Better Business Bureau (BBB) received over 140 reports on ...
This means that if you sold tickets for more than $600, your ticket platform would send you a Form 1099-K and report that income to the IRS, even if you didn’t make a profit on your sales.
Thu, May 16, 2024 · 3 min read. Disney+. On Wednesday, the US House of Representatives passed a bill that could provide at least some accountability for Ticketmaster and other live event vendors ...
The Better Online Ticket Sales Act of 2016 ( Pub.L. 114-274, S.3183, commonly referred to as the BOTS Act) was signed into federal law by President Barack Obama on December 14, 2016. [1] This act was created to thwart attempts by individuals and organization to automate the process of purchasing tickets en masse using ticket bots.
List of highest-grossing concert tours. The Eras Tour by Taylor Swift is the highest-grossing concert tour of all time and the first to yield over $1 billion in revenue. The following is a list of concert tours that have generated the most gross income, largely from ticket sales. The rankings are based largely on reports by trade publications ...