The International Olympic Committee and the city of Los Angles after weeks of negotiating have made an agreement on the summer 2028 Olympics. Overall, it will cost the city $5.3 billion to stage the Games but with revenue and more it’s set to cover and generate additional profits. There is still a risk factor involved with there being over a decade till this would even take place. With Los Angles already being a hot designation as well as the Olympics bringing out millions from across the world, the city will surely maximize on the opportunity and bring in plenty of revenue. Read more on the story here.
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November 2020
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