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the Profit of Atlanta's Olympics was $10,000,000 dollars, total public spending was $500,000,000.
Security alone in London 2012 (post 9/11) was 2 billion pounds or ($3.3 billion).
Boston would lose a ton of money in security, unless the bid will pay for that (it won't) I oppose it.
edit: security is not included in Atlanta's numbers, those Olympics lost money
Exactly how does a $10 million profit considered to be losing money?
The $500 million you mentioned was spent "on the physical infrastructure including streetscaping, road improvements, Centennial Olympic Park, expansion of airport, improvements in public transportation, and redevelopment of public housing projects but neither paid for the actual Games or the new venues themselves." See the difference? That money was spent on the city, not on the Olympics. The actual Games were paid for by commercial sponsorship and ticket sales following the 1984 Los Angeles Olympics model and resulted in a $10 million profit. No matter how you want to spin it, those are the facts.
Exactly how does a $10 million profit considered to be losing money?
The $500 million you mentioned was spent "on the physical infrastructure including streetscaping, road improvements, Centennial Olympic Park, expansion of airport, improvements in public transportation, and redevelopment of public housing projects but neither paid for the actual Games or the new venues themselves." See the difference? That money was spent on the city, not on the Olympics. The actual Games were paid for by commercial sponsorship and ticket sales following the 1984 Los Angeles Olympics model and resulted in a $10 million profit. No matter how you want to spin it, those are the facts.
The US, GA, and Atlanta lost money on security and a few rich guys made money on the backs of absurd security costs which have ballooned since 9/11.
Security costs for the games had no long term benefit to Atlanta it was a money drain for a two week party.
Unless the IOC/USOC pick up security costs it will never be worth it for the Host city or state.
The US, GA, and Atlanta lost money on security and a few rich guys made money on the backs of absurd security costs which have ballooned since 9/11.
Security costs for the games had no long term benefit to Atlanta it was a money drain for a two week party.
Unless the IOC/USOC pick up security costs it will never be worth it for the Host city or state.
When have security costs EVER had a long term benefit for anything? They are a cost for which there is no reward other than peace of mind - very much like insurance. It's something that is necessary in today's world. I'm not sure why you're trying to justify your criticism of the Atlanta games based on something so intangible. You're getting a bit ridiculous.
Who cares, neither is getting the games, too many cities for the U.S. to compete with nowadays.
Hasn't there always been stiff competition for the Summer Olympics? At least for the past several decade there has been...but we've only had four, so our track record isn't all that great for winning.
Hasn't there always been stiff competition for the Summer Olympics? At least for the past several decade there has been...but we've only had four, so our track record isn't all that great for winning.
Yes but the competition was mainly from Western Europe, and a few developed countries in Asia. Now their's many more cities in Asia, Middle East, and Latin America that have the infrastructure and hunger for the Olympics, not to mention they'll bend over backwards for the IOC.
Yes but the competition was mainly from Western Europe, and a few developed countries in Asia. Now their's many more cities in Asia, Middle East, and Latin America that have the infrastructure and hunger for the Olympics, not to mention they'll bend over backwards for the IOC.
You hit the nail on the head there--it also makes a lot of sense given that the Olympics are supposed to be a global event and the host is supposed to rotate quite a bit. If we're considering the last century as a "backlog" for a tally of where the Summer Olympics have taken place, then Australia, the US, and several countries in Europe (and Western Europe as a region) have been way overrepresented. However, it'd probably be another couple decades before countries in Africa, South Asia, Southeast Asia (outside of maybe Singapore and Malaysia) or Central Asia can really adequately host one. Meanwhile, I think Eastern Europe, Southwest Asia, East Asia and Latin America as regions will probably continue/start being a heavier part of the rotation.
You hit the nail on the head there--it also makes a lot of sense given that the Olympics are supposed to be a global event and the host is supposed to rotate quite a bit. If we're considering the last century as a "backlog" for a tally of where the Summer Olympics have taken place, then Australia, the US, and several countries in Europe (and Western Europe as a region) have been way overrepresented. However, it'd probably be another couple decades before countries in Africa, South Asia, Southeast Asia (outside of maybe Singapore and Malaysia) or Central Asia can really adequately host one. Meanwhile, I think Eastern Europe, Southwest Asia, East Asia and Latin America as regions will probably continue/start being a heavier part of the rotation.
I don't think the US deserves to be on the "overrepresented" list with only 4 cities out of 30 Olympics. I would think that the nation contributing the most athletes and sponsors to the Games might have gotten even more consideration than that.
As far as some of the newer areas becoming a heavier part of the rotation, it will depend on how Rio does in 2016 and how the stability of different regions plays out in the next few years.
Yes but the competition was mainly from Western Europe, and a few developed countries in Asia. Now their's many more cities in Asia, Middle East, and Latin America that have the infrastructure and hunger for the Olympics, not to mention they'll bend over backwards for the IOC.
Okay...so the competition has become wider in the past few years, not stiffer.
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