Dec 26, 2012, 9:42 AM EDT
The Russian parliament’s upper house passed a bill Wednesday calling for upwards of $30,000 fines for anyone caught scalping tickets to the Sochi Games.
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.
The bill still needs to be signed into law by President Vladimir Putin, which is likely to come only after he explains how the inspiration for the myth of Santa came from this one time he gave a boy a present.
Jul 28, 2014, 8:55 PM EDT
Athletes found safe in Beaverton, Ore., after going missing in Eugene.
Jul 28, 2014, 11:01 AM EDT
Nanjing Games open Aug. 16.
Jul 28, 2014, 10:39 AM EDT
Retired Olympic champion took part in Korea Skating Union workshop, according to South Korean media.
Jul 28, 2014, 10:19 AM EDT
Lawrence won gold on the U.S. 4x400m relay team at the 2014 IAAF World Relays.
Jul 28, 2014, 9:32 AM EDT
Neymar played in 2012, but there’s a new obstacle that could keep him out of 2016.
Jul 27, 2014, 6:46 PM EDT
Kerri Walsh Jennings notched a milestone victory.
Jul 27, 2014, 4:00 PM EDT
Search and rescue crews were on the lookout for Jared Pikus and his three children.
Jul 27, 2014, 3:00 PM EDT
Kerri Walsh Jennings can hit another career milestone.
Jul 26, 2014, 5:24 PM EDT
U.S. Olympic medalists will face Spanish or Brazilian pair Sunday on NBC.
Jul 26, 2014, 4:00 PM EDT
Three-time Olympic champion Kerri Walsh Jennings in biggest tournament of 2014 in U.S.
Jul 26, 2014, 10:17 AM EDT
Bolt will make a rare appearance in the heats of a 4x100m relay at Commonwealth Games.
Jul 26, 2014, 9:02 AM EDT
Beijing gold medalist slated for first bout in August.
Jul 25, 2014, 4:07 PM EDT
USOC met with representatives from four finalist cities this week.
Jul 25, 2014, 3:47 PM EDT
Bahrain runner listed with 1996 birthday may have been born in 1990.
Jul 25, 2014, 2:24 PM EDT
A step forward as skateboarding seeks Olympic inclusion.
Jul 25, 2014, 11:36 AM EDT
Brit can make Olympic history on the track in 2016.
Jul 25, 2014, 10:07 AM EDT
Cain emerged from being boxed in to beat Kenyans.
Jul 24, 2014, 4:57 PM EDT
How it impacts the U.S. and potential Olympic history for Missy Franklin.
Jul 24, 2014, 2:22 PM EDT
U.S. pair is top seed at biggest tournament in the U.S. this year.
Jul 24, 2014, 11:48 AM EDT
Moment of silence also held.
- U.S. 400m runner Torrin Lawrence dies in car accident 0
- Brazil’s Olympic coach wants Neymar to play at Rio 2016 0
- U.S. teams sweep World Series of Beach Volleyball (video) 0
- UPDATE: Noelle Pikus-Pace’s brother and his children found in Idaho 0
- Kerri Walsh Jennings, April Ross make WSOBV final 0
- Usain Bolt arrives in Glasgow, says he’s injury free 0
- Queen photobombs Commonwealth Games athlete selfie 0
- Emotional Bode Miller medals in race that mattered most (61)
- Russian women kissing after relay victory at World Championships causes stir (56)
- IOC drops wrestling from 2020 Olympics (47)
- South Korea filing official complaint over Yuna Kim’s Olympic silver (38)
- Zola Budd, 47, dominates college runners in 5K (33)