SOURCE: National Association of Ticket Brokers

February 11, 2009 10:30 ET

National Association of Ticket Brokers (NATB) Renews Its Plea for Full and Fair Disclosure for Sales of Tickets on the Primary Market

WASHINGTON, DC--(Marketwire - February 11, 2009) - Joining Bruce Springsteen and many other disenchanted voices concerned with the lack of disclosure regarding details of the initial sales of tickets to entertainment and sporting events, the National Association of Ticket Brokers (NATB) today reiterated its call for all teams, promoters, and venue service providers to accurately and fully disclose how tickets are distributed and specifically which tickets are made available to the general public in the initial sale of event tickets. As a leader in the effort to promote consumer protection as to sales of entertainment and sporting event tickets on the secondary market, NATB is concerned about recent reports of consumer complaints regarding the ticket distribution process.

"NATB was formed in 1994 to promote consumer protection and a strict code of professional ethics for its Members," said Gary Adler, General Counsel, National Association of Ticket Brokers. "Full transparency for ticket sales and complete disclosure of specifically which tickets are available are essential to ensure full consumer protection for the ticket buying public."

The National Association of Ticket Brokers (NATB) is a group of leading ticket brokers, involved in the sale of sports, concerts and theater admission tickets, for the purpose of establishing an industry-wide standard of conduct and to create ethical rules and procedures to educate the public concerning ticket-brokering services and to serve the primary goal of the NATB -- promoting consumer protection. The NATB is dedicated to the principle of assuring the public that dealings with NATB members are conducted with integrity, reliability and convenience. To this end, the NATB has created procedures that encourage the public to report improper and unethical conduct by ticket brokers, and to disseminate consumer protection warnings and guidelines. Through self-governance, the NATB has provided many enhanced protections for ticket-buying consumers. The NATB has worked with law enforcement agencies across the country, state and federal legislators and the NFL and other professional sports leagues and teams, to accomplish these goals, and has been vital in the NFL's fight against counterfeit and stolen tickets. More information about the NATB is available at http://www.natb.org.

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