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Costly gamble of Olympics haunts host cities worldwide
The piece surveys how hosting the Olympics often costs more than expected, with Athens 2004 cited for a final tag near 12 billion dollars and security at least 1.5 billion. It notes post games liabilities, debt, and lingering taxpayer burdens, while acknowledging benefits like urban improvements and global prestige. It cites experts such as Hadley, Lenskyj, Baade, and Angelopoulos-Daskalaki.
MENTIONED IN THIS ARTICLE
Athens
Greece
Larry Hadley
University of Dayton
Hadley
Europe
Nana Vasidi
Acropolis
Atlanta
Nagano
Sydney
Salt Lake City
Turin
Beijing
The
Associated Press
Petros Doukas
Helen Lenskyj
University of Toronto
Los Angeles
U.S
Evan Osborne
Wright State University
Ohio
International Olympic Committee
Osborne
Montreal
Gianna Angelopoulos-Daskalaki
Nikos Dimou
Gianna