https://journals.sagepub.com/doi/10.1177/0308518X221098741#:~:text=The average return-on-inves
Los Angeles was able to have a surplus as most of the infrastructure was already built before the Games.
https://journals.sagepub.com/doi/10.1177/0308518X221098741#:~:text=The average return-on-inves
Los Angeles was able to have a surplus as most of the infrastructure was already built before the Games.
I feel like this should be adjusted for exchange rates in USD, so we can see the relative impact in local money.
For instance, Rio looks cheap, but the Brazilian Real is changing 1:5 right now. That would put it on par with Atlanta.
And I recall Sochi had a lot of grift/scheming going on but that’s just comically awful.
Not sure why you would want to convert to local money, the OG are a global event, announcers and TV rights aren’t going to pay less because the local cost of living is lower