Why would Utah WANT to hold the Winter Olympics? The Olympics always are a money pit for whoever hosts them — and the debts the locals incur live on long after the Olympics are over.
Why would Utah WANT to hold the Winter Olympics? The Olympics always are a money pit for whoever hosts them and the debts the locals incur live on long after the Olympics are over.
Winter Olympics usually do not have the debt nightmares of the Summer games...mainly because the Winter venues will be used often after the Winter Games are over. Many Salt Lake venues have become training centers for their respective sports, and host world class events. Something Athens after 2004 Summer games did not see
Also, since the mountains are “already there” for Winter Olympic venues...there are less construction costs. Of course, there are fewer athletes at Winter games