If the Olympics are scrapped... What the IOC could lose

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Useful stats to keep in mind:

Estimated at a cost of at least US$15.4 billion (S$20.6 billion), the Tokyo Games are set to be the third-most expensive Olympics after the 2014 Sochi Winter Olympics (US$50 billion) and 2008 Beijing Olympics (US$40 billion).

Qn: Hosting major sporting events creates more problems than benefits. Do you agree? (Cam. 2005)