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Today, the scratch-off lottery ticket business is the company's financial mainstay.
More important, Mr. Miller said, any ticket business would gain the respect of a city that appreciates a good hustle.
The ticket business remains brisk online, even after the MGM's warning, with a seemingly endless list of available tickets, all at grossly inflated prices, still up for sale.
The telephone card business is related to the instant lottery ticket business because both require expertise in the production and sale of secure cards with antifraud protections.
Gtech, based in West Greenwich, R.I., agreed in January to buy On-Point, based in San Marcos, Calif., to expand in the instant lottery ticket business.
In the ticket business, Ticketmaster had 30percentt of the $21 billion events market last year, according to data from Forrester Research.
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The online movie-ticket business is also about to experience some competitive jostling.
But now Mr. Rosen is back and is hoping to reinvent the global ticketing business again.
A spokesman for Ticketmaster, Joe Freeman, said, "We welcome their entrance to the ticketing business".
Orbitz, however, says it has generated more competition in the ticketing business, benefiting consumers with lower ticket prices.
It would be odd if SFX did not eventually use its own ticketing business to threaten Ticketmaster.Mr Diller thinks that day is some way off.
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