Sports Ministry launches ticket sales platform accreditation via Riyadhi
Saudi Arabia’s Sports Ministry has launched a service to accredit ticket sales and resale platforms for sports events through the Riyadhi portal.
Key Takeaways
AIThe Ministry of Sports announced today the launch of a service to accredit platforms for selling and reselling tickets to sports competitions and events in the Kingdom via the Riyadhi electronic portal at riyadhi.sa.
The service aims to regulate the sale and resale of tickets and streamline the accreditation process for investors and platform operators, in line with the ministry’s approved regulations.
The ministry has granted ticket platform operators a 90-day grace period, starting from the issuance date of the ticket sales regulations announced on October 26, to update their systems and align their operations with technical and regulatory requirements.
The launch of the service is part of efforts to enhance the reliability of transactions in the sports ticketing market and to establish a clear regulatory environment for stakeholders in the sector.