Forbes.com listed the 2012 London Olympics as one of the 10 sports business stories to watch in 2012.
The cost projection of the London Olympics had been grown from $3.6 billion in 2005 to $14.4 billion in 2007. Forbes.com expects the total cost of the London Olympics would be between $15 to 18 billion. This number is the second most expensive Olympics below the 2010 Beijing Olympics with the cost of $40 billion.
As discussed before, hosting the Olympics can bring positive economic impacts to the hosting country and the city even it costs a great amount of money.
