Travis Scott resale tour tickets tank in price due to ‘low demand’

Featured Image: Joel Muniz on Unsplash

Travis Scott’s ‘Utopia - Circus Maximus’ tour sold out when tickets initially went on sale in August, however resale prices have dropped to between $10 (£8/€9) and $20 for Friday’s performance in Raleigh, North Carolina.

According to independent tech publication 404 Media, scalpers severely overestimated demand for the tickets and are desperately trying to sell them cheaply. 

On StubHub, tickets for the Raleigh concert were listed for as little as $12 at the time of writing, while on Viagogo tickets were listed at $19. This is far below the face value price of $61.50, before fees.  

Scott’s (pictured) headline tour, which kicks off tomorrow (Wednesday) at Charlotte, North Carolina’s Spectrum Center, is the first since the Astroworld Festival tragedy in November 2021. 

The publication also detailed how a credit card maxing site, PFS Buyers Club, helped to fuel the frenzy after moving into purchasing concert tickets. 404 Media reported that it had seen emails from PFS Buyers Club, telling members to purchase as many tickets as possible to Scott’s shows. 

According to 404 Media writer Jason Koebler, PFS Buyers Club members were also told that they would be reimbursed for any tickets they bought and would earn an additional $25 per ticket in commission. 

The US is aiming to crackdown on ticket touting, with the introduction of the BOSS and SWIFT Acts in the US Senate. The legislation is seeking to overhaul ticketing regulations across the country.