OlyTalk: Russia sets laws against Sochi scalpers
Dmitry Medvedev & Vladimir Putin by AK Rockefeller
License (according to Flickr): Attribution-ShareAlike License
License (according to Flickr): Attribution-ShareAlike License
Fines would start at five or ten times the face value of the ticket for individuals trying to gain profit off a small number of tickets. The heaviest fines would come into play if the scalping was done on a large scale level, or as a business. “We as Olympic organizers have an obligation under our contract with the International Olympic Committee to prevent speculative price hikes for hotels and Olympic tickets,” organizing committee head Alexander Zhukov said at a press conference. Zhukov added that that room prices in Sochi will also be capped during the Games, respective to certain hotel categories, so that owner’s don’t price-out fans coming to see the events.
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Alexander Zhukov
Overall Sentiment: 0
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| 0.0286182 | “We as Olympic organizers have an obligation under our contract with the International Olympic Committee to prevent speculative price hikes for hotels and Olympic tickets,” organizing committee head Alexander Zhukov said ... |
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Vladimir Putin
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Disambiguation: Politician | MartialArtist | PoliticalAppointer | TVActorReferences:
Santa
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City: Sochi
Overall Sentiment: 0
Relevance: 0.499861
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Organization: International Olympic Committee
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Relevance: 0.825334
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OlyTalk: Russia sets laws against Sochi scalpers
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Fines will be as high as $30,000 for anyone caught scalping 2014 Sochi Olympics tickets, Russian parliament announced.
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