Crowd Seats initially launched in Los Angeles in August 2011 and has since offered numerous sports ticket deals, with discounts ranging from 50-76% off face value. Los Angeles sports fans received access to weekly deals featuring the Los Angeles Dodgers, Los Angeles Angels, Chivas USA, and Santa Anita Park. In it's first two months, Crowd Seats has saved sports fans over $1800 off face value.
Crowd Seats Founder and CEO Justin Cener believes the launch in New York City is the start of further expansion, fueled by consumer demand for discounted sports tickets.
"The demand for deals has been tremendous - we've had requests from consumers in almost every market with a professional team. People desperately want to attend more games, but in this economic state, it's a challenge for families and individuals alike. We anticipate growth into further markets throughout the next six months."
On any given night, 25-35% of sports tickets go unsold, representing millions of dollars left on the table and thousands of seats empty in stadiums nationwide. Cener describes Crowd Seats' offerings as a win-win for teams and fans.
"Sports Tickets are perishable - if you don't sell it, you lose it. Crowd Seats has created a medium for teams to generate revenue from their distressed and last-minute ticket inventory, which teams love."
Consumers are pretty happy as well. Crowd Seats offers deep discounts of 30-90% off face value, with no added fees.