The London Games have been profitable on a industrial degree as a result of they have been the first in historical past to completely sell out each ticket, with as many as 1 million purposes for 40,000 tickets for both the Opening Ceremony and the 100m Men’s Sprint Final. Such was the demand for tickets to all levels of every occasion that there was controversy over seats being set aside for sponsors and National Delegations which went unused in the early days. A system of reallocation was put in place so the empty seats had been stuffed all through the Games.
London held the 2012 Summer Olympics, becoming the first metropolis to host the Olympic Games 3 times. In his closing tackle, Jacques Rogge described the Games as “Happy and glorious”.
There was no such tragedy in Montreal in 1976, but bad planning and fraud led to the Games’ value far exceeding the budget. The Montreal Games were the most expensive in Olympic history, until the 2014 Winter Olympics, costing over $5 billion (equivalent to $21.45 billion in 2018). For a time, it appeared that the Olympics might no longer be a viable monetary proposition. The Romanian gymnast Nadia Comăneci received the ladies’s individual all-round gold medal with two of 4 possible good scores, this giving start to a gymnastics dynasty in Romania. She also received two different particular person occasions, with two good scores within the stability beam and all good scores in the uneven bars. Lasse Virén repeated his double gold in the 5,000 meters and 10,000 meters, making him the primary athlete to ever win the distance double twice. A Palestinian terrorist group named Black September invaded the Olympic village and broke into the apartment of the Israeli delegation.
The host nation won 29 gold medals, the most effective haul for Great Britain because the 1908 Games in London. The United States returned to the top of the medal table after China dominated in 2008.