It also noted that resale restrictions were ignored by secondary sites.
Critics say that the secondary sites are routinely ignoring this requirement, too.
At the time of writing, an average of almost 800 Mumford tickets have ended up on secondary sites.
"These people [touts] are feted by ticketing companies because they have such value to secondary sites," he added.
"It will also set some guidelines for states going forward in regulating secondary sites".
In his 227-page report, Waterson stated that the secondary sites "may reward power sellers … with better terms, for example, early payment".
There are plenty of examples of tickets for in-demand events being sold for far above the face value on secondary sites.
The report found that tickets were appearing on resale sites before they were officially released, as well as simultaneously on primary and secondary sites.
Even more egregiously, secondary sites Get Me In and Seatwave are both owned by Ticketmaster, which ends up getting paid twice over.
Many secondary sites argue that most of their users are fans simply trying to sell tickets they can no longer use.
While there has been a scramble for "prime" property assets, St Modwen focuses on redeveloping secondary sites and stressed that its secondary retail centres were performing strongly.
