StubHub to launch in UK but Scarlet Mist closes down

Stubhub have announced that they will begin operations in the UK. It will put the American ticket resale business up against Viagogo, which (also founded by Eric Baker) and StubHib’s now parent company, eBay. At the same time ethical ticket exchange Scarlet Mist said that it was closing down due to criminal activity of the site by unspecified users. Site founder Richard and Olly Marks said in a statement this morning that the decision to close was due to "unacceptably high levels of fraud carried out by a small number of criminals".