Tony Manfred took a look at why the future of The Olympics might be a lot more authoritarian.

• Event organizers usually over-estimate the benefits of hosting The Olympics while the cost of the games invariably go over-budget.
• As a result of this voters are increasingly rejecting the idea of hosting the games in their city.
• A referendum in Poland led to the city withdrawing its application to hold the 2022 Winter Games, as did a vote in Germany.
• Other countries are either planning to, or have already, withdrawn their candidacy to be hosts.
• The remaining serious contenders are from Kazakhstan and China.
• They are, unsurprisingly, authoritarian countries that don’t have to pay attention to taxpayer concerns.

Read more over here.

Source: Business Insider