Thursday, September 24, 2009

11th Hour Report Questions Financial Gains From Summer Games

Claims Revenues Would Fail To Hit Organizers' Target

Independent analysis says new spending would only reach one-third of Chicago's estimated $13.7 billion haul from a 2016 Summer Olympics.

East Lansing, Michigan-based Anderson Economic Group LLC projects the Olympics would trigger only $4.4 billion in additional tourism and infrastructute spending In Chicago and Cook County.

Read the entire report here.