this post was submitted on 24 Jul 2024
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I don't understand why cities still bid on the Olympics. It's a net revenue loss for them. Maybe Salt Lake City could benefit if they still have infrastructure from their previous games.
https://www.cfr.org/backgrounder/economics-hosting-olympic-games
https://www.investopedia.com/articles/markets-economy/092416/what-economic-impact-hosting-olympics.asp
Winter Olympic athletes around the world train in Salt Lake City today. SLC and the state of Utah are trying to replicate the Los Angeles 1984 games as much as possible by using already built infrastructure. Also, SLC had a lot of volunteers on 2002 and can anticipate more volunteer labor in 2034.