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.
Oct 1, 2014, 4:15 PM EDT
Marathon world record smasher reportedly already has 2015 plans.
Oct 1, 2014, 4:00 PM EDT
Game will be played in South Korea with more than a gold medal at stake.
Oct 1, 2014, 2:34 PM EDT
Almaty, Kazakhstan and Beijing are the two remaining finalists.
Oct 1, 2014, 1:03 PM EDT
Trankov’s shoudler injury cited in withdrawing.
Oct 1, 2014, 11:38 AM EDT
Olympic team champion trained with her hip and thigh taped Wednesday.
Oct 1, 2014, 11:17 AM EDT
Vonn strapped on skis in Austria, preparing for her World Cup return later this fall.
Oct 1, 2014, 10:49 AM EDT
Sprinter discusses Usain Bolt, reflects on 2014 and looks ahead to 2015.
Sep 30, 2014, 4:18 PM EDT
The 22-time Olympic medalist was pulled over in Maryland overnight.
Sep 30, 2014, 4:07 PM EDT
U.S.’ previous biggest blowout was 70 points over Senegal.
Sep 30, 2014, 2:44 PM EDT
Competition for the U.S. begins Saturday.
Sep 30, 2014, 1:25 PM EDT
Summer and Winter Olympian previously said she was all but retired.
Sep 30, 2014, 11:35 AM EDT
Vancouver downhill champion expected to ski in Austria on Wednesday.
Sep 30, 2014, 11:02 AM EDT
Canadian joins long list of skaters sitting out this season.
Sep 30, 2014, 10:45 AM EDT
Hungarian matched her Monday output on Tuesday but lacked top competition.
Sep 30, 2014, 10:23 AM EDT
Olympic slalom champion also gave an update on her 2014-15 plans.
Sep 29, 2014, 1:16 PM EDT
Dennis Kimetto’s record-smashing win in Berlin brings the barrier into closer view.
Sep 29, 2014, 11:14 AM EDT
They call her the “Iron Lady” of swimming.
Sep 29, 2014, 10:51 AM EDT
ISU asks for synchronized skating and a new speed skating event for 2018.
Sep 29, 2014, 10:27 AM EDT
Plushenko received criticism for withdrawing at Sochi Olympics.
Sep 28, 2014, 4:05 PM EDT
Serbia led 57-56 in the third quarter.
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