Utah on Nostr: Estimated Economic Impact of the 2034 Olympic Games ⛷️ Hosting the 2034 Winter ...
Estimated Economic Impact of the 2034 Olympic Games
⛷️ Hosting the 2034 Winter Games will generate $2.6 billion in net new direct expenditures for Utah.
💰 Total economic impact for Utah is estimated at $6.6 billion in output from 2024-2035.
👷♂️ The event is expected to create over 42,000 job-years of employment in the state.
🏅 Cumulative state fiscal impacts include $167.2 million in new revenues and $146.2 million in expenditures.
🏟️ The Salt Lake City-Utah Committee plans a modest $31.2 million capital investment for facility upgrades.
#utah, #olympics, #2034, #development
https://d36oiwf74r1rap.cloudfront.net/wp-content/uploads/2024/07/Oly2034-EconImpact-Jul2024.pdf
⛷️ Hosting the 2034 Winter Games will generate $2.6 billion in net new direct expenditures for Utah.
💰 Total economic impact for Utah is estimated at $6.6 billion in output from 2024-2035.
👷♂️ The event is expected to create over 42,000 job-years of employment in the state.
🏅 Cumulative state fiscal impacts include $167.2 million in new revenues and $146.2 million in expenditures.
🏟️ The Salt Lake City-Utah Committee plans a modest $31.2 million capital investment for facility upgrades.
#utah, #olympics, #2034, #development
https://d36oiwf74r1rap.cloudfront.net/wp-content/uploads/2024/07/Oly2034-EconImpact-Jul2024.pdf
quoting note1h5m…94h82034 Winter Olympics will be hosted in #Utah
🎗️ Community and Support: Governor Cox emphasized that the Olympics and Paralympics are about community building and excellence, with over 80% of Utahns and all elected leaders supporting the Olympic bid for 2034.
👏 Strong Project Endorsement: Karl Stoss, IOC Member, highlighted the strong public and political support for hosting the Olympic Winter Games in Utah, noting the benefits for athletes from excellent facilities.
⛷️ Legacy and Development: The Salt Lake City-Utah 2034 bid aims to extend the transformative benefits of the 2002 Games, aligning with Olympic Agenda 2020 and regional development plans to create long-term benefits for youth and athletes.
🤝 Commitment to Clean Sport: Concerns regarding the World Anti-Doping Agency's authority were addressed, with assurances from Salt Lake City-Utah 2034 and the USOPC about their commitment to compliance with anti-doping regulations.
✅ Voting Outcome: The IOC voted overwhelmingly in favor of Salt Lake City-Utah 2034, with 83 votes for, 6 against, and 6 abstentions, reflecting strong support for the upcoming Games.
#sports, #olympics, #development
https://olympics.com/ioc/news/ioc-elects-salt-lake-city-utah-2034-as-olympic-and-paralympic-winter-games-host