London olympic video game8/31/2023 ![]() The events were held in developed countries, either in Europe or the United States, and in the era before television broadcasting, hosts didn’t expect to make a profit. When did the costs of hosting the games become a concern?įor much of the twentieth century, the staging of the Olympic Games was a manageable burden for the host cities. The multibillion-dollar bill Tokyo faces in the aftermath of the games is not unique: other former host cities still struggle with the debts they incurred, leading some candidate cities for future games to withdraw their bids or scale down their plans. ![]() ![]() The 2020 Summer Olympics in Tokyo highlighted the ongoing debate over the costs and benefits of hosting such a mega-event, especially after the ongoing COVID-19 pandemic forced a year’s delay and sparked public opposition over going ahead with the festivities during a major outbreak.
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