
Pangilinan bill seeks up to 3 Years in jail for ticket scalpers
Under the proposed Anti-Ticket Scalping Act, it would be illegal to sell, distribute, hoard, or buy event tickets—such as for concerts or sports games—without the written approval of the event organizer or producer, especially when the resale price exceeds 10% of the original value.
Penalties under the bill escalate based on repeat offenses:
First offense: ₱100,000 fine or up to 6 months' jail time, or both
Second offense: ₱250,000 fine or up to 1 year in jail, or both
Third and succeeding offenses: ₱500,000 fine or up to 3 years in jail, or both
These penalties also apply to those who finance or operate scalping operations. The bill also penalizes those selling tickets without showing the original price, using unauthorized resale platforms, or enabling others to break the law. Corporations may face sanctions along with their responsible officers.
Pangilinan said the measure aims to address the long-standing issue of ticket scalping, which has worsened with the rise of high-demand live events in music, sports, and theater. He added that current laws are scattered and inconsistently enforced, leading to consumer abuse.
'This bill proposes a unified national law to clearly outlaw ticket scalping and protect fans from unfair practices,' Pangilinan said.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Filipino Times
8 minutes ago
- Filipino Times
Lacson renews push for Anti-Political Dynasty Act
Senator Panfilo Lacson is seeking to break the stronghold of political dynasties through a renewed push for the passage of the Anti-Political Dynasty Act, in line with the 1987 Constitution's provision on equal access to public service. In a radio interview, Lacson said Senate Bill No. 35 or the 'Anti-Political Dynasty Act of 2025″ aims to ban the spouse or any relative within the second degree of consanguinity or affinity of an incumbent official seeking reelection from running in the same city or province during the same election period. 'This proposed measure seeks to strike a balance between the two competing fundamental principles of the electorate's sovereignty and political dynasty. This is in consonance with the constitutional precept that laws should be interpreted not in the letter that killeth but to the spirit that giveth life,' he said. The measure also bars individuals with political dynasty ties, whether legitimate, illegitimate, full or half-blood, from simultaneously running for office in the same locality, even if neither is an incumbent. Lacson stressed the urgency of passing an enabling law, saying the continued dominance of political families undermines democracy. 'Influential clans and families that are well-entrenched in the political arena have made positions in government their virtual playgrounds, resulting in the proliferation of small monarchies all over the country. This makes a mockery of what should otherwise be a level-playing field in politics and espouse political inequities,' the senator added. He noted that despite several attempts to pass similar measures since the 8th Congress, no anti-dynasty law has made it through Congress. Lacson recently accepted the chairmanship of the Senate Committee on Electoral Reforms and People's Participation, a post offered by Senate President Francis Escudero through Minority Leader Vicente 'Tito' Sotto III.


Gulf Today
4 hours ago
- Gulf Today
UAE Central Bank revokes Al Nahdi Exchange's licence over money laundering violations
The Central Bank of the UAE (CBUAE) announced in a statement that it has decided to revoke the licence of Al Nahdi Exchange and remove its name from the register under Article 137 of Federal Decree-Law No. (14) of 2018 concerning the Central Bank and the regulation of financial institutions and activities, along with its amendments. According to the CBUAE's statement, the decision follows an assessment of inspection findings which revealed significant failures in the company's compliance with the Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and sanctions frameworks. The CBUAE, through its regulatory and supervisory roles, ensures that all exchange companies, their owners, and employees comply with applicable laws, regulations, and standards. This is aimed at maintaining the transparency and integrity of the exchange sector and safeguarding the stability of the UAE's financial system.


Fintech News ME
4 hours ago
- Fintech News ME
Gomti Exchange License Revoked by CBUAE Over Compliance Breaches
The Central Bank of the UAE (CBUAE) has revoked the license of Gomti Exchange, an exchange house operating in the UAE, and removed its name from the Register, in accordance with Article (137) of Decretal Federal Law No. (14) of 2018 regarding the Central Bank and Organisation of Financial Institutions and Activities, and its amendments. The revocation follows examinations conducted by the CBUAE, which uncovered 'significant failures to comply with the Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations and Sanctions framework.' In line with its supervisory and regulatory responsibilities, the CBUAE seeks to ensure that all exchange houses, their owners, and staff act in accordance with UAE laws, regulations, and the standards it sets, in order to uphold the integrity and transparency of the exchange sector and safeguard the country's financial system.