The New Statesman
•Sports
Sports
Restricting ticket resale empowers fraudsters

66% Informative
Ticketing fraud thrives when regulation drives consumers away from legitimate resale sites.
Ban on ticket resale will push legitimate demand for tickets underground, into social media platforms, where fraudsters thrive.
Three out of four tickets purchased via social media in test cases were either fake or never arrived.
If resale caps increase fraud, which the data strongly suggests it does and will, the banking sector and the wider economy will shoulder the consequences.
The cost of fraud doesn’t just fall on the victim, it falls on every bank, every business, and eventually, every consumer.
There is persistent, legitimate demand for secondary tickets, says We Fight Fraud CEO Nicola Harding .
VR Score
59
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52
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29
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informal
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English
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42
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possibly offensive
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medium-lived
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