Hong Kong, China Rugby 中國香港欖球總會
Ticket markets and Rugby Sevens finances
Put down your beer jug and take a look at two inter-related problems: the almost non-existent secondary market for event tickets in HK due to an anti-free-market law, and the finances of the Rugby Sevens, which is hoarding cash, underpaying for the HK Stadium, and expecting taxpayers to build another one for at least HK$33.5bn. (10-Apr-2016)
Put down your beer jug and take a look at two inter-related problems: the almost non-existent secondary market for event tickets in HK due to an anti-free-market law, and the finances of the Rugby Sevens, which is hoarding cash, underpaying for the HK Stadium, and expecting taxpayers to build another one for at least HK$33.5bn. (10-Apr-2016)
HKRFU says Sevens needs new stadium soon, as public ballot sees all tickets sold out
South China Morning Post, 5-Feb-2015
With 134,000 requests for 9,000 tickets, the chance of success on each request is about 6.72% or about 1 in 15. The chance of success on 2 or more days is about 1.29%, or 1 in 77. The chance of success on all 3 days is about 0.03% or about 1 in 3300. A larger stadium would not make much difference - it is the under-pricing that causes the oversubscription.
South China Morning Post, 5-Feb-2015
With 134,000 requests for 9,000 tickets, the chance of success on each request is about 6.72% or about 1 in 15. The chance of success on 2 or more days is about 1.29%, or 1 in 77. The chance of success on all 3 days is about 0.03% or about 1 in 3300. A larger stadium would not make much difference - it is the under-pricing that causes the oversubscription.
Buying and selling Hong Kong Sevens tickets? New ‘marketplace’ to protect fans
South China Morning Post, 12-Dec-2014
South China Morning Post, 12-Dec-2014
Number of people trying for HK Sevens tickets plummets
South China Morning Post, 22-Jan-2014
As tickets for the 3 days were balloted separately, assuming demand was even across the 3 days, the chance of getting all 3 days is about 0.0527%, or 1 in 1900, and the chance of getting at least 2 days is about 1.85%, or 1 in 54.
South China Morning Post, 22-Jan-2014
As tickets for the 3 days were balloted separately, assuming demand was even across the 3 days, the chance of getting all 3 days is about 0.0527%, or 1 in 1900, and the chance of getting at least 2 days is about 1.85%, or 1 in 54.
HK Sevens offers only 3,000 tickets for local fans by public ballot
South China Morning Post, 17-Dec-2013
South China Morning Post, 17-Dec-2013
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