This bill establishes new regulations regarding the resale of event tickets in Wyoming, specifically prohibiting the resale of tickets for more than a specified percentage above their original or face value. It defines key terms such as "original sale," "place of entertainment," "purchaser," "resale," and "reseller." The bill also specifies that violations of this resale prohibition will be considered unfair and deceptive trade practices under existing consumer protection laws. Additionally, it amends current law to include violations of the new ticket resale requirements as unlawful practices, thereby granting the Attorney General the authority to take legal action against violators.
The bill outlines that no person may offer for resale or resell any ticket for a value exceeding a designated percentage above the original ticket price. It also establishes that violations of this resale limit will be treated as deceptive trade practices, allowing for civil penalties and legal actions by the Attorney General. The act is set to apply to ticket resales for events occurring on or after July 1, 2027, with the effective date of the law also being July 1, 2027.
Statutes affected: 27LSO-0224 v0.4: 40-12-105