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  2. Is hosting the Olympics even worth it? Some countries say no

    www.aol.com/news/2014-05-28-is-hosting-the...

    For more than a century, the modern Olympics have been a symbol of international competition and cooperation - and a chance to give the host city a global stage. But for 2022's Winter Games, a few ...

  3. Hosting the Olympics has become financially untenable ...

    www.aol.com/economics-olympics-110004736.html

    Phalin noted Lake Placid, New York, as a prime example: Since hosting the Winter Olympics in 1980, Lake Placid has funneled hundreds of millions of dollars into its Olympic facilities as a tourist ...

  4. Cost of the Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Cost_of_the_Olympic_Games

    The current highest cost of hosting the Olympic Games was the 2016 Rio de Janeiro Summer Games, costing approximately US$11.1 billion. In order to meet the requirements set out by the International Olympic Committee (IOC), [4] the Rio de Janeiro council had to invest heavily in building the necessary facilities/venues, and an entirely new subway line.

  5. Are the Olympics Worth It Financially for Host Cities?

    www.aol.com/finance/olympics-worth-financially...

    When the Olympics come to town, the host city becomes the world's rock star metropolis. The Olympics bring tourists from far and wide, the spotlight of the global media, and the pride and prestige

  6. List of Olympic Games host cities - Wikipedia

    en.wikipedia.org/wiki/List_of_Olympic_Games_host...

    Five cities and regions have been chosen by the IOC to host upcoming Olympic Games: the 2026 Winter Olympics will be the first Olympic Games officially shared between two host cities (Milan and Cortina d'Ampezzo); Los Angeles for the 2028 Summer Olympics; the 2030 Winter Olympics will be the first Olympic Games to be hosted by a region (the ...

  7. What does it take to host a successful Olympics? 3 key ...

    www.aol.com/finance/does-host-successful...

    Past French leaders had promised to make it swimmable again, but the deadline kept getting kicked further—until Paris committed to hosting the Olympics. The city spent $1.5 billion , making the ...

  8. Bids for the Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Bids_for_the_Olympic_Games

    Since the creation of the International Olympic Committee (IOC) in 1894, which successfully appropriated the name of the Ancient Greek Olympics to create a modern sporting event, interested cities have rivaled for selection as host of the Summer or Winter Olympic Games. 51 different cities have been chosen to host the modern Olympics: three in ...

  9. Are the Olympics Worth It Financially for Host Cities?

    www.aol.com/news/olympics-worth-financially-host...

    When the Olympics come to town, the host city becomes the world's rock star metropolis. The Olympics bring tourists from far and wide, the spotlight of the global media, and the pride and prestige