Quote:
Originally Posted by Classic_Sniper
It's an investment really, we'd essentially be spending money to make more money.
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Make more money, how exactly?
There's very little evidence that olympics are even good for tourism, which is supposed to be the huge moneymaker locally. For example, Britain actually had 5% less tourists in 2012 than the previous year. London saw a slight increase in tourism, but even that was not a boon for everyone, as for example museums and theaters (both big business in London) saw significant declines in audiences.
In other words, olympic tourism mostly just replaces other tourism instead of adding to it.