Calculating the Economic Impact of the Olympics
Source Newsroom: University of South Carolina
Staging a major sports event such as the Olympics can be a huge expense for host cities. But once the event is up and running it can be a boon for local and regional businesses. Tom Regan, an associate sport and entertainment management professor, has conducted research examining the sizable financing necessary for hosting live entertainment events. He can also discuss the economic impact that sport and entertainment events have on regional economies.