Olympic Games Pros And Cons Essay

Hosting the Olympic Games is a massive risk that cities all around the world are willing to take. While many people assume that hosting the Games is a way out a debt, it can also be just the opposite. There are many factors that contribute to the overall success and failure of hosting the Olympics. For one, the results differ between cities of economically developed countries and cities of less developed countries; economically developed cities profit more than less developed cities. Hosting the Summer versus Winter Games can also impact a city’s overall profit. In general, the Summer Olympics tend to make a more significant impact, as the games are more popular among viewers (Dick and Wang). Regardless, both the Summer and Winter Olympics

Hosting the Olympic Games in U.S. cities has had both pros and cons, however, so far the pros have significantly outweighed the cons. Salt Lake City, Atlanta, and Los Angeles are three cities that all made substantial profits from welcoming the Olympics. For each city, hosting the Olympics brought a spotlight to the city, improved infrastructure, and boosted tourism, as well as entertainment. For U.S. host cities, the venues built are still being put to use, none have fallen into debt, and white elephants don’t exist. While hosting the Olympics can be a gamble for other countries, in the U.S.A., it feels safe to declare any Olympics a winner, deserving a gold medal.

Works Cited

Ari, Shapiro. “LA’s Olympic Dreams: Host 2028 Summer Games without Going into Debt.” All Things Considered (NPR), 01 Aug. 2017. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=nfh&AN=6XN201708012112&site=eds-live.

Clarey, Christopher. “Hoping New Stars Will Shine Through the Clouds; Pollution Adds to the Uncertainty At the Olympics in Salt Lake City.” International Herald Tribune, 8 Feb. 2002, p. 18. Global Issues in Context, http://link.galegroup.com/apps/doc/A82640759/GIC?u=ccds&xid=bf72f5ae. Accessed 11 Feb. 2018.

Dick, Christian David and Wang Qingwei. “The Economic Impact of the Olympic Games: Evidence from Stock Markets.” Applied Economics Letters, vol. 17, no. 9, 15 June 2010, p. 861. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=edb&AN=51376945&site=eds-live.

“L.A Summer Games were a risk that is still paying off.” Los Angeles Times, Los Angeles Times, 28 July 2014, www.latimes.com/sports/la-sp-la-olympics-elliott-20140729-column.html. Accessed 9 Feb. 2018.

Hersch, Philip. “Repeating history could be bad for two-time Olympic host L.A.” Chicago Tribune, Bruce Dold, 17 Aug. 2015, www.chicagotribune.com/sports/columnists/ct-los-angeles-2024-bad-history-repeat-20150817-column.html. Accessed 11 Feb. 2018.

“Just say no; Sporting mega-events.” The Economist, 28 Feb. 2015, p. 74(US). Global Issues in Context, http://link.galegroup.com/apps/doc/A403216401/GIC?u=ccds&xid=b647c4f8. Accessed 11 Feb. 2018.

Lenskyj, Helen Jefferson. Inside the Olympic Industry : Power, Politics, and Activism. State University of New York Press, 2000. SUNY Series on Sport, Culture, and Social Relations. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=44027&site=eds-live.

Lohr, Kathy. “The Economic Legacy Of Atlanta’s Olympic Games.” National Public Radio, NPR, 4 Aug. 2011, www.npr.org/2011/08/04/138926167/the-economic-legacy-of-atlantas-olympic-games. Accessed 9 Feb. 2018.

Nickisch, Curt. “How The Olympics Changed Atlanta, And What Boston Could Learn.” WBUR News, 3 June 2015, www.wbur.org/news/2015/06/03/atlanta-olympics-city-legacy. Accessed 11 Feb.