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Suspended London Olympic Ticket Resale Site ‘Back Up’ This Week

Jan. 16 (Bloomberg) -- The London 2012 Olympics ticket resale website, which has been suspended for ten days because of technical problems, may be up and running again this week, organizers said.

The site, which is run by Live Nation Entertainment Inc.’s Ticketmaster division, allows ticket holders to resell their seats at face value. The website was partially suspended Jan. 6 after thousands of people went online to buy and sell tickets on the opening day.

“We’re due to go back up this week,” a spokeswoman for the London 2012 organizing committee who declined to be identified, said in an interview today.

Local organizers said they didn’t know what day the site may be running normally. “We’re waiting for Ticketmaster to come back to us with a solution.”

Ticketmaster said it would be releasing a statement on “the revised resale ticketing strategy” soon.

The resale of London 2012 tickets bought directly from the organizers runs until Feb. 3 via the buyer’s ticketing account on the official London 2012 website.

To contact the reporters on this story: Danielle Rossingh in London at drossingh@bloomberg.net

To contact the editor responsible for this story: Chris Elser at celser@bloomberg.net

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