Ticket Scalping in Florida Legalized

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For more than 60 years anyone in Florida reselling an event ticket more than one dollar over face value was breaking the law. Now any price is fair game after lawmakers passed legislation during this year's regular session.

"Let capitalism do its thing. Get whatever you can for the tickets, and if more become available and supply is up and demand meets it, let it go," said Greg Coloves, who favors the new law.

But not everyone agrees it’s a positive move. John Fischer says he's overpaid for tickets from scalpers in the past and worries it could only get worse.

"I didn't appreciate paying $250 more before and certainly I don't think that common individuals that [don’t] make a lot of money can afford to do that. I think it’s not right."

Nick Iaroosi is a lobbyist for stubhub.com, an online marketplace for ticket sellers and buyers. He pushed for this legislation to pass.

"By having a law that opens up the resale market you'll have a lot of new channels where people are selling tickets or have the opportunity to find tickets elsewhere that are for hard-to-get to events."

For ticket holding fans this may just be another chance to bring home some extra winnings.

"I think that's good. I think that's real good, because if you own the ticket you should be able to sell the ticket for whatever you want as long as someone is willing to pay for it. It's yours, just like a car; you can sell it for whatever you want as long as somebody's willing to pay for it," said Jason Reese, who has sold tickets in the past.

Some people think without a cap tickets could be very expensive. Others say just the opposite; more competition may keep ticket prices level.

The only restriction is the ticket holder must sell on public property.