Tag

Scalping

All articles tagged with #scalping

StubHub Chief’s Hedge Fund Backing Fuels Ticket Scalpers
business1 day ago

StubHub Chief’s Hedge Fund Backing Fuels Ticket Scalpers

CBC reports, via StubHub’s IPO filings, that CEO Eric Baker is a major stakeholder in Andro Capital, a hedge fund funding large-scale ticket purchases and providing seller financing through Colloquy LLC, effectively intertwining StubHub with scalping operations and raising concerns about price inflation and consumer harm; StubHub says it’s merely a tech platform, but the disclosures suggest closer ties to scalpers and warrant scrutiny.

Fans Roiled by EB Games Pokémon Pre-Order Price Play
gaming4 days ago

Fans Roiled by EB Games Pokémon Pre-Order Price Play

Kotaku reports that EB Games Australia (GameStop) attracted backlash by listing vastly inflated pre-order prices for the Pokémon TCG 30th Anniversary set to deter scalpers, then rolling prices back for legitimate pre-orders. Critics say the final price still gouges fans since official prices for the set hadn’t been announced and the reduced ETB price of about $120 AUD remains well above MSRP, with Ultra Premium Collection prices even higher. EB Games defended the move as protecting fans, but the gaming community and outlet blasted it as a bait-and-switch that hurts customers.

Steam Machine Scalpers Push Listings Above Launch MSRP
technology18 days ago

Steam Machine Scalpers Push Listings Above Launch MSRP

After Valve began reservations for the Steam Machine, scalpers flooded eBay with inflated listings—512 GB units with the Steam Controller priced at about $1,700, with some as high as $3,200—well above Valve's $1,049.99 launch price. The scalping mirrors past hype around the Steam Deck, aided by limited supply and Valve’s lottery-style preorder. The Steam Machine sold out in Japan within 48 hours; Valve has a June 29 shipping estimate for the first batch, with no clear date for subsequent batches.

Pokemon TCG Surges to 10 Billion Cards, Prompting Mega-Factory and Distribution Overhaul
business1 month ago

Pokemon TCG Surges to 10 Billion Cards, Prompting Mega-Factory and Distribution Overhaul

Pokemon TCG printed 10 billion cards worldwide from March 2025 to March 2026 as demand outpaced production for a third straight year; to meet demand, The Pokemon Company announced a 1.27-million-square-foot printing facility to open by 2027 and acquired Excell Brands to tighten distribution, while Japan introduced government ID requirements to curb scalping—full supply stabilization is expected only after the new capacity comes online in 2027–2028.

Pokemon to Scan Government IDs in Japan to Fight Card Scalping
technology1 month ago

Pokemon to Scan Government IDs in Japan to Fight Card Scalping

The Pokémon Company says it is exploring a system that would scan government-issued IDs (Japan’s My Number Card) to gate purchases of priority lottery items, certain Pokémon Centre Online products, and event registrations in Japan. The ID would be scanned via smartphones using an external service, with no ID number stored, and the plan is set to roll out in August 2026. The My Number Card isn’t mandatory, and it may take 1–2 months to receive after registration.

Valve Rolls Out Fair-Play Reservations for Steam Controller Restock
gaming2 months ago

Valve Rolls Out Fair-Play Reservations for Steam Controller Restock

Valve has revamped the Steam Controller restock with a one-per-user reservation system and eligibility rules (one controller per user; accounts must have at least one prior purchase before April 27, 2026) to curb scalpers and bots. Reservations open May 8 at 10:00 a.m. Pacific, are processed in a transparent queue, and include a 72-hour purchase window once your reservation is secured. If you don’t complete the purchase in time, the reservation moves to the next person in line. A phased rollout will start in the U.S. and Canada before expanding to the UK, Europe and Australia, aiming for fair stock distribution and a smoother buying experience. Valve’s approach could become a blueprint for future high-demand hardware launches.

Empire State Moves to Cap Concert Ticket Resales
business5 months ago

Empire State Moves to Cap Concert Ticket Resales

New York state Senator James Skoufis plans amendments to cap resale prices at the original ticket price (including fees and taxes), set fee limits, and outlaw speculative ticketing, with enforcement details still undetermined. The move mirrors California’s recent actions and signals potential upheaval for the live‑music industry, pitting fans’ access against market dynamics and major players like Live Nation/Ticketmaster who are watching for guardrails if the bill passes.