Scottish Rangers Tax Case Reopened Marketing Firm Chime's Profits Up 116% Deng: British Basketball Has Bleak Future England Could Play In Half-Empty Wembley Glenfarclas Extends Cheltenham Deal MIG Founder Launches BreatheSport Berlin To Unveil Concept For '24 Olympics UTV Media Profits Rise By 62% Sochi Olympic Site 'Completely Empty' England Rugby To Train At Pennyhill
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/June 20, 2012/Olympics
Police Draw Up 'Hitlist' To Target Alleged Black Market Ticket Touts
Published June 20, 2012
GLOBAL RESPONSE: Meanwhile, the XINHUA NEWS AGENCY reported that Chinese Olympic Committee Secretary General Song Luzeng said that an investigation into the alleged illegal sale had started. Song said, "We demanded a thorough and sincere internal probe to be conducted by the authorized dealers for China." China's only authorized London Games ticket agent, Caissa Touristic, "denied on Monday they were involved in selling London Games tickets on the black market." Caissa VP Zhang Rui said, "We have carried out every operation following the rules. The story published by the Sunday Times is untrue, at least the part about us" (XINHUA, 6/20). In Australia, Nicole Jeffery reported that IOC Exec Board member and Australian Olympic Committee President John Coates revealed "he knew that shady ticket agents had attempted to circumvent the AOC to sell tickets in the Australian market for past Games." Coates said, "We've certainly been aware over the years, not this Olympiad, of other agents selling tickets in our market place and selling tickets to competitors of our sponsors." Ticket demand for the Olympics "has been growing steadily" over the past 20 years, which has "created the perfect conditions for a lucrative black market to develop." In the wake of the ticket scandal allegations, the IOC "vowed to impose the strongest sanctions” against any offenders. Regardless of the outcome of its investigation, the IOC "needs to act now to restore confidence in the ticket-selling process" (THE AUSTRALIAN, 6/19).