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.
Mar 9, 2014, 1:58 PM EDT
U.S. wins gold and total medal counts for fourth straight World Indoors.
Mar 9, 2014, 12:34 PM EDT
Tyler Walker cartwheeled several times but joked on social media.
Mar 9, 2014, 10:47 AM EDT
Americans put Olympic struggles behind them.
Mar 9, 2014, 10:33 AM EDT
Tatyana McFadden made her Winter Paralympic debut.
Mar 9, 2014, 9:08 AM EDT
Races for World Cup slalom, overall titles tighten considerably.
Mar 9, 2014, 12:30 AM EDT
Cross-country skiing on tap for Sunday in Sochi.
Mar 8, 2014, 2:19 PM EDT
World record holder has won four straight major multi-event championships.
Mar 8, 2014, 10:56 AM EDT
U.S. speed skaters continue strong form after Olympic disappointments.
Mar 8, 2014, 10:20 AM EDT
Olympic figure skating analysts draw laughs on Late Night with Seth Meyers.
Mar 8, 2014, 9:28 AM EDT
Veteran U.S. Paralympic medalists shine in Sochi, but Russia couldn’t be stopped.
Mar 8, 2014, 8:26 AM EDT
U.S. teen phenom wins eighth career World Cup race.
Mar 8, 2014, 7:32 AM EDT
American shoots up World Cup giant slalom standings with one GS left.
Mar 8, 2014, 12:30 AM EDT
Live stream of men’s and women’s Alpine skiing downhill races.
Mar 7, 2014, 3:28 PM EDT
Full Day 1 recap of events in Sopot, Poland.
Mar 7, 2014, 2:15 PM EDT
Ukraine official has said delegation may leave Sochi if Crimea situation escalates.
Mar 7, 2014, 1:52 PM EDT
White House spokesman says case of beer will be delivered soon.
Mar 7, 2014, 1:39 PM EDT
Races for World Cup crystal globes heat up in Sweden.
Mar 7, 2014, 11:52 AM EDT
Zero Americans won medals in Sochi. Two made the podium in one day in Inzell.
Mar 7, 2014, 10:51 AM EDT
Canada’s gold-medal goalie headed for Columbus, Ga.
Mar 7, 2014, 10:30 AM EDT
Watch the ceremony from Fisht Stadium in Sochi.
- U.S., Shelly-Ann Fraser-Pryce star to end World Indoor Championships 0
- U.S. speed skaters excel at first post-Olympic World Cup 0
- U.S. wins 2 medals on Day 2 of Paralympics, gold still elusive 0
- Ashton Eaton ‘disappointed’ after missing world record in heptathlon; World Indoors recap 0
- U.S. wins 3 medals on first day of Sochi Paralympics 0
- Mikaela Shiffrin captures slalom title, inspired by girl with leukemia (video) 1
- Ted Ligety wins first post-Olympic race, notches World Cup first (video) 0