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StubHub has not released details of what its international expansion will entail beyond the UK

he UK secondary ticket market is estimated to be worth $1 billion, which is about a quarter of the size of the United States resale market.

Maged said that just a few years ago, 60 percent of the tickets listed on StubHub were by brokers and 40 percent by individuals, but that the ratio had reversed.

As a result, the average price of tickets sold on StubHub fell 2.5 percent last year even as sales grew 26 percent. Since 2006, the average price of tickets has declined almost 20 percent, to $84.21 per ticket from $104.42. The average price of tickets sold on TicketNetwork, another major reseller, fell 30 percent in the last five years.