US prosecutors say REPS & Co used bots and other illegal methods to buy millions of tickets for major events, then resold them for large profits. The Justice Department says the firm targeted high-demand shows and sports events across at least 83,000 bookings.
01Summary
- 01Federal prosecutors filed a 22-page lawsuit on Thursday against San Diego-based REPS & Co.
- 02The Justice Department alleges the company bought 18.5 million tickets for more than 83,000 events and spent over $1.3 billion.
- 03Prosecutors say REPS made at least $120.8 million in profits by reselling tickets on StubHub, Vivid Seats, SeatGeek, Gametime and Ticketmaster’s resale platform.
- 04For a Beyoncé Renaissance tour concert at Arrowhead Stadium on 1 October 2023, the company allegedly bought 7,624 tickets through 1,300 accounts and made about $833,323 profit.
- 05For a Pitbull concert in Syracuse on 7 September 2024, prosecutors say REPS bought 5,430 tickets through at least 700 accounts and made about $120,109 profit.
02Why it matters
The case could affect how fans buy tickets for major concerts, Broadway shows and sports events. It also shows how prosecutors are using the BOTS Act to target alleged online ticket scalping.
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