Learning English - Words in the News
10 December, 2007 - Published 14:02 GMT
Olympic tickets on sale illegally
Black market tickets are already on sale for next year's summer Olympic Games in Beijing. It is illegal to resell tickets for profit, but tickets are being sold over the internet for more than ten times the official price. Michael Bristow in Beijing reports:
More than one and a half million tickets have already been sold for the Olympic Games in Beijing next August. Many have been bought by genuine sports fans. But others have not.
Some ticket holders are already selling off their seats on the black market for inflated prices. A ticket for the opening ceremony that originally cost less than two hundred pounds is now on sale for more than two and a half thousand pounds.
This is not supposed to be happening. Olympic rules say people can transfer a ticket to somebody else, but not for financial gain. Anyone caught faces detention and a fine.
But this has not deterred ticket holders selling their seats openly on the internet and the authorities seem either unable or unwilling to crack down on these illegal transactions. Beijing has now started the second round of ticket sales. Expect many of these to end up on the black market in the coming months.
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the black market
transfer a ticket to somebody else
to crack down on
the second round of ticket sales
to end up
the coming months