Dec 26, 2012, 9:42 AM EST
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.
Dec 18, 2014, 4:39 PM EST
“He was incredible at that, almost befriending you, and then he’d slip the knife in your back.”
Dec 18, 2014, 3:33 PM EST
Colbert had a memorable time at the 2010 Olympic speed skating oval and in an interview with Bob Costas in Vancouver.
Dec 18, 2014, 12:00 PM EST
Olympic champion tore an ankle ligament in November.
Dec 18, 2014, 11:14 AM EST
Vonn entered five races in Vancouver 2010. She may never do that again at a global championship.
Dec 17, 2014, 5:38 PM EST
Decision details Gay’s acquisition and use of performance-enhancing drugs.
Dec 17, 2014, 5:31 PM EST
Fukushima’s previous governor pitched the area to be part of Tokyo 2020, too.
Dec 17, 2014, 3:29 PM EST
A look at host nation medal contenders for Rio 2016.
Dec 17, 2014, 2:37 PM EST
“It is breach of privacy with malicious target to soil my name.”
Dec 17, 2014, 1:51 PM EST
Japanese teen says he wasn’t satisfied winning silver in Sochi.
Dec 17, 2014, 9:55 AM EST
History shows that’s quite an ambitious goal.
Dec 16, 2014, 7:12 PM EST
USOC could wait until February to announce its city.
Dec 16, 2014, 11:36 AM EST
Bacteria found next to the starting point for Rio Olympic sailing events.
Dec 16, 2014, 9:57 AM EST
South Korea’s most decorated LPGA Tour player would have a tough time qualifying for Rio 2016.
Dec 15, 2014, 1:51 PM EST
Two retired running backs could join a long list of NFL Olympians.
Dec 15, 2014, 1:38 PM EST
Roger Federer won the Swiss men’s award, in a year he didn’t win a Grand Slam, over a Slam winner and a two-time Sochi gold medalist.
Dec 15, 2014, 11:49 AM EST
The USOC is expected to announce if it will bid for the 2024 Olympics on Tuesday, and possibly name the city.
Dec 15, 2014, 11:06 AM EST
Thirteen finals will be in morning sessions.
Dec 15, 2014, 7:44 AM EST
Another challenger to a potential U.S. bid.
Dec 14, 2014, 8:39 PM EST
The meaning behind “Vinicius” and “Tom.”
Dec 14, 2014, 5:35 PM EST
Kenworthy got the best of his Sochi Olympic podium teammates.
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