In addition, I believe the IOC has certain requirements for venues that seem to necessitate unique venues be built. Why? Who knows. Probably to give the IOC and local hosts a chance to make money, by overspending and contract allocation. No Olympics since Montreal 1976 ) has made money except for LA in ‘84, when a law passed by a. Itizen proposition on the ballot, forbid any public expenditure . They used all existing facilities, including LA’s many sports arenas and stadiums, and college dorms as the village. It made hundreds of millions of dollars for local sports programs. The Olympics has become a vanity project , like a yacht, for someone to prove “they’ve arrived “. Beijing, Sochi, and Brazil are examples of newly arrived countries showing their wares. Others, like London , and soon Paris and LA again ( why?) are the result of local politicians trying to make a name for themselves. Hopefully , LA will be shot down by public interest law suits ( I live there). I suppose, an honest IOC, willing to accept use of existing facilities, and not requiring free trips , including hotels, transportation and meals, for literally thousands of “officials” from national committees could run a break even Olympics. It ain’t gonna happen anytime soon. All the sponsors seem to be embarrassed. I first heard about this from NTT DoCoMo, a cell phone carrier. NTT Docomo is currently trying to spread 5G technology. The plan was to distribute 5G-enabled head-mounted displays to the audience of swimming events, and deliver virtual telop just like what you see on TV.
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