New York to sign bill allowing ticket scalping

“ALBANY, N.Y. — A revised bill legalizing limited ticket scalping for venues with 6,000 seats or more will be signed into law by Gov. George Pataki, the governor’s office said Wednesday.

An earlier version of the bill passed by the state Legislature this month would have allowed scalpers to sell tickets without price restrictions. Supporters said that would lead to lower prices as sellers competed for business and more tickets became available.”

Newsday: Gov. Pataki to sign bill allowing ticket scalping
NY Times: Deal Lets Ticket Scalpers Take More Off the Top at Large Events