Profile - To The Moon

MingMingSG

Posts · 2Posts · 2
Following · 0Following · 0
Followers · 0Followers · 0

- MingMingSGMingMingSG
  ·2021-07-24
  It is sunk cost
  With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics
  MW With a cost of over $20 billion and decreased revenue due to no fans, the question is how many bi
  With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics
  302 1
  Like
  Share
  Report
- MingMingSGMingMingSG
  ·2021-07-22
  Still have room to go
  89 Comment
  Like
  Share
  Report
No following yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3581618400071458","uuid":"3581618400071458","gmtCreate":1618524884379,"gmtModify":1626758885618,"name":"MingMingSG","pinyin":"mingmingsg","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/cf1d1b8bdf29529cc5873fd86516151c","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":27,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"4e86300037264823b9bb00ff44fc0f19-2","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 4 months ","bigImgUrl":"https://community-static.tradeup.com/news/555a9001c6de2ba066c0850c80b6475a","smallImgUrl":"https://community-static.tradeup.com/news/acd8d1536c6533b9c274771f100401c4","grayImgUrl":"https://community-static.tradeup.com/news/1c254e1fa3d75a472d0f55ebb1dd1ff4","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5600},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.15","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"23f878ed27704312ae41c7f17e73b319-4","templateUuid":"23f878ed27704312ae41c7f17e73b319","name":"Annualised return","description":"Top 10%","bigImgUrl":"https://community-static.tradeup.com/news/15d4b5a89fa218ed3a35da1a05874cf6","smallImgUrl":"https://community-static.tradeup.com/news/16e2b28d75d7746886400fad4f4ec3e3","grayImgUrl":"https://community-static.tradeup.com/news/6f578d36f80e1a3d9c705f395e522048","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.27","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5300},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":174997669,"gmtCreate":1627056044351,"gmtModify":1703483573292,"author":{"id":"3581618400071458","authorId":"3581618400071458","name":"MingMingSG","avatar":"https://static.tigerbbs.com/cf1d1b8bdf29529cc5873fd86516151c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581618400071458","authorIdStr":"3581618400071458"},"themes":[],"htmlText":"It is sunk cost&nbsp;","listText":"It is sunk cost&nbsp;","text":"It is sunk cost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174997669","repostId":"2153981388","repostType":2,"repost":{"id":"2153981388","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627045680,"share":"https://ttm.financial/m/news/2153981388?lang=&edition=fundamental","pubTime":"2021-07-23 21:08","market":"hk","language":"en","title":"With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics","url":"https://stock-news.laohu8.com/highlight/detail?id=2153981388","media":"Dow Jones","summary":"MW With a cost of over $20 billion and decreased revenue due to no fans, the question is how many bi","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics\n</p>\n<p>\n  By Weston Blasi \n</p>\n<p>\n  Estimated costs for the Olympics exceed $20 billion, far above the Olympic Organising Committee's $6.7 billion revenue projection \n</p>\n<p>\n  The Tokyo Olympics will begin on Friday while Japan is in a state of emergency due to spiking cases of COVID-19 and the dangerous delta variant . \n</p>\n<p>\n  Recent polling suggests 83% of people who live in Japan believe the Olympics should not take place  from Japanese citizens has been consistent throughout the year, according to polls. \n</p>\n<p>\n  Last week, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top Olympic sponsors, Japan-based Toyota (7203.TO), said it would no longer run Olympic-related TV ads in Japan , underlining how polarizing the Games have become in Japan. \n</p>\n<p>\n  \"It is true that Toyota will not be attending the opening ceremony, and the decision was made considering various factors including no spectators,\" a spokesperson said . \"We will not be airing any commercials related to the Games in Japan.\" \n</p>\n<p>\n  See also: Delta variant will be the 'most serious virus' the unvaccinated ever get, says ex-FDA head Gottlieb  \n</p>\n<p>\n  Toyota Motor Corp. signed a multiyear sponsorship deal worth around $1 billion with the International Olympic Committee in 2015. \n</p>\n<p>\n  Toyota's refusal to run Olympic ads only extends to TV commercials in Japan, not other countries. Major Olympic sponsors  have not made any public comments on how they will plan to advertise during the Games. \n</p>\n<p>\n  Spokespeople from Toyota, Coca-Cola, Airbnb, Alibaba, <a href=\"https://laohu8.com/S/V\">Visa</a>, Intel and General Electric did not respond to requests for comments on this story. \n</p>\n<p>\n  See also: Tom Brady jokes with Biden at the White House: 'They started calling me Sleepy Tom'  \n</p>\n<p>\n  The budget for the Tokyo Olympics catapulted above $20 billion after the Games were postponed a year ago, according to The Wall Street Journal . Some of those costs include billion-dollar stadium renovations, Olympic Village construction, and event marketing. \n</p>\n<p>\n  This $20 billion cost could be offset with the revenue from the Games, but revenue will be lower than projected because the Tokyo games will no longer have fans in attendance. \n</p>\n<p>\n  Empty stadiums will cost the Organising Committee of the Olympic Games (OCOG) at least $800 million in ticketing losses . \n</p>\n<p>\n  However, ticketing is only a fraction of the problem from the empty stadiums in Tokyo. According to local organizers , visitors in Japan for the Games would have spent roughly $2 billion on meals, transportation, hotels and merchandise. \n</p>\n<p>\n  The OCOG budgeted for a projected revenue of $6.7 billion  for the Tokyo Games, far lower than its estimated costs -- but that estimate includes revenue from fans buying tickets. \n</p>\n<p>\n  The Tokyo Olympics will still bring in money from sponsors and TV revenue, but the overall revenue picture is unclear due to the pandemic. \n</p>\n<p>\n  It's worth noting that many Olympic Games are not profitable  compared with $18 billion in costs. \n</p>\n<p>\n  See also: AOC casts doubt on inflation wave: Price increases are 'sector specific' and could be due to 'supply-chain issues'  \n</p>\n<p>\n  Many governments and host cities will tout that beyond the revenue shortfalls of the Games, having the Olympics lifts the economy by creating jobs and boosting tourism for years. These measures are harder to quantify but many studies have found these claims about employment  to be more ambiguous. \n</p>\n<p>\n  \"The world is faced with great difficulties,\" Japanese Prime Minister Yoshihide Suga  said on Monday. He then added \"we can bring success to the delivery of the Games.\" \n</p>\n<p>\n  If the Olympic Games were canceled, the IOC would have to refund nearly $4 billion  to its broadcast partners. \n</p>\n<p>\n  See also: Tokyo Olympic opening ceremony director fired over 1998 Holocaust joke  \n</p>\n<p>\n  The Olympic Games have not made much economic sense for host cities in recent years as the costs continue to skyrocket . The Tokyo Olympics appear to make even less economic sense due to the pandemic. \n</p>\n<p>\n  The Beijing Winter Olympics open six months after Tokyo closes, in February 2022. \n</p>\n<p>\n  -Weston Blasi; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 23, 2021 09:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-23 21:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics\n</p>\n<p>\n  By Weston Blasi \n</p>\n<p>\n  Estimated costs for the Olympics exceed $20 billion, far above the Olympic Organising Committee's $6.7 billion revenue projection \n</p>\n<p>\n  The Tokyo Olympics will begin on Friday while Japan is in a state of emergency due to spiking cases of COVID-19 and the dangerous delta variant . \n</p>\n<p>\n  Recent polling suggests 83% of people who live in Japan believe the Olympics should not take place  from Japanese citizens has been consistent throughout the year, according to polls. \n</p>\n<p>\n  Last week, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top Olympic sponsors, Japan-based Toyota (7203.TO), said it would no longer run Olympic-related TV ads in Japan , underlining how polarizing the Games have become in Japan. \n</p>\n<p>\n  \"It is true that Toyota will not be attending the opening ceremony, and the decision was made considering various factors including no spectators,\" a spokesperson said . \"We will not be airing any commercials related to the Games in Japan.\" \n</p>\n<p>\n  See also: Delta variant will be the 'most serious virus' the unvaccinated ever get, says ex-FDA head Gottlieb  \n</p>\n<p>\n  Toyota Motor Corp. signed a multiyear sponsorship deal worth around $1 billion with the International Olympic Committee in 2015. \n</p>\n<p>\n  Toyota's refusal to run Olympic ads only extends to TV commercials in Japan, not other countries. Major Olympic sponsors  have not made any public comments on how they will plan to advertise during the Games. \n</p>\n<p>\n  Spokespeople from Toyota, Coca-Cola, Airbnb, Alibaba, <a href=\"https://laohu8.com/S/V\">Visa</a>, Intel and General Electric did not respond to requests for comments on this story. \n</p>\n<p>\n  See also: Tom Brady jokes with Biden at the White House: 'They started calling me Sleepy Tom'  \n</p>\n<p>\n  The budget for the Tokyo Olympics catapulted above $20 billion after the Games were postponed a year ago, according to The Wall Street Journal . Some of those costs include billion-dollar stadium renovations, Olympic Village construction, and event marketing. \n</p>\n<p>\n  This $20 billion cost could be offset with the revenue from the Games, but revenue will be lower than projected because the Tokyo games will no longer have fans in attendance. \n</p>\n<p>\n  Empty stadiums will cost the Organising Committee of the Olympic Games (OCOG) at least $800 million in ticketing losses . \n</p>\n<p>\n  However, ticketing is only a fraction of the problem from the empty stadiums in Tokyo. According to local organizers , visitors in Japan for the Games would have spent roughly $2 billion on meals, transportation, hotels and merchandise. \n</p>\n<p>\n  The OCOG budgeted for a projected revenue of $6.7 billion  for the Tokyo Games, far lower than its estimated costs -- but that estimate includes revenue from fans buying tickets. \n</p>\n<p>\n  The Tokyo Olympics will still bring in money from sponsors and TV revenue, but the overall revenue picture is unclear due to the pandemic. \n</p>\n<p>\n  It's worth noting that many Olympic Games are not profitable  compared with $18 billion in costs. \n</p>\n<p>\n  See also: AOC casts doubt on inflation wave: Price increases are 'sector specific' and could be due to 'supply-chain issues'  \n</p>\n<p>\n  Many governments and host cities will tout that beyond the revenue shortfalls of the Games, having the Olympics lifts the economy by creating jobs and boosting tourism for years. These measures are harder to quantify but many studies have found these claims about employment  to be more ambiguous. \n</p>\n<p>\n  \"The world is faced with great difficulties,\" Japanese Prime Minister Yoshihide Suga  said on Monday. He then added \"we can bring success to the delivery of the Games.\" \n</p>\n<p>\n  If the Olympic Games were canceled, the IOC would have to refund nearly $4 billion  to its broadcast partners. \n</p>\n<p>\n  See also: Tokyo Olympic opening ceremony director fired over 1998 Holocaust joke  \n</p>\n<p>\n  The Olympic Games have not made much economic sense for host cities in recent years as the costs continue to skyrocket . The Tokyo Olympics appear to make even less economic sense due to the pandemic. \n</p>\n<p>\n  The Beijing Winter Olympics open six months after Tokyo closes, in February 2022. \n</p>\n<p>\n  -Weston Blasi; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 23, 2021 09:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","CCEP":"可口可乐欧洲合伙","V":"Visa","KO":"可口可乐","GE":"GE航空航天","09988":"阿里巴巴-W","BABA":"阿里巴巴","TM":"丰田汽车","INTC":"英特尔"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153981388","content_text":"MW With a cost of over $20 billion and decreased revenue due to no fans, the question is how many billions will Tokyo lose on the Olympics\n\n\n  By Weston Blasi \n\n\n  Estimated costs for the Olympics exceed $20 billion, far above the Olympic Organising Committee's $6.7 billion revenue projection \n\n\n  The Tokyo Olympics will begin on Friday while Japan is in a state of emergency due to spiking cases of COVID-19 and the dangerous delta variant . \n\n\n  Recent polling suggests 83% of people who live in Japan believe the Olympics should not take place  from Japanese citizens has been consistent throughout the year, according to polls. \n\n\n  Last week, one of the top Olympic sponsors, Japan-based Toyota (7203.TO), said it would no longer run Olympic-related TV ads in Japan , underlining how polarizing the Games have become in Japan. \n\n\n  \"It is true that Toyota will not be attending the opening ceremony, and the decision was made considering various factors including no spectators,\" a spokesperson said . \"We will not be airing any commercials related to the Games in Japan.\" \n\n\n  See also: Delta variant will be the 'most serious virus' the unvaccinated ever get, says ex-FDA head Gottlieb  \n\n\n  Toyota Motor Corp. signed a multiyear sponsorship deal worth around $1 billion with the International Olympic Committee in 2015. \n\n\n  Toyota's refusal to run Olympic ads only extends to TV commercials in Japan, not other countries. Major Olympic sponsors  have not made any public comments on how they will plan to advertise during the Games. \n\n\n  Spokespeople from Toyota, Coca-Cola, Airbnb, Alibaba, Visa, Intel and General Electric did not respond to requests for comments on this story. \n\n\n  See also: Tom Brady jokes with Biden at the White House: 'They started calling me Sleepy Tom'  \n\n\n  The budget for the Tokyo Olympics catapulted above $20 billion after the Games were postponed a year ago, according to The Wall Street Journal . Some of those costs include billion-dollar stadium renovations, Olympic Village construction, and event marketing. \n\n\n  This $20 billion cost could be offset with the revenue from the Games, but revenue will be lower than projected because the Tokyo games will no longer have fans in attendance. \n\n\n  Empty stadiums will cost the Organising Committee of the Olympic Games (OCOG) at least $800 million in ticketing losses . \n\n\n  However, ticketing is only a fraction of the problem from the empty stadiums in Tokyo. According to local organizers , visitors in Japan for the Games would have spent roughly $2 billion on meals, transportation, hotels and merchandise. \n\n\n  The OCOG budgeted for a projected revenue of $6.7 billion  for the Tokyo Games, far lower than its estimated costs -- but that estimate includes revenue from fans buying tickets. \n\n\n  The Tokyo Olympics will still bring in money from sponsors and TV revenue, but the overall revenue picture is unclear due to the pandemic. \n\n\n  It's worth noting that many Olympic Games are not profitable  compared with $18 billion in costs. \n\n\n  See also: AOC casts doubt on inflation wave: Price increases are 'sector specific' and could be due to 'supply-chain issues'  \n\n\n  Many governments and host cities will tout that beyond the revenue shortfalls of the Games, having the Olympics lifts the economy by creating jobs and boosting tourism for years. These measures are harder to quantify but many studies have found these claims about employment  to be more ambiguous. \n\n\n  \"The world is faced with great difficulties,\" Japanese Prime Minister Yoshihide Suga  said on Monday. He then added \"we can bring success to the delivery of the Games.\" \n\n\n  If the Olympic Games were canceled, the IOC would have to refund nearly $4 billion  to its broadcast partners. \n\n\n  See also: Tokyo Olympic opening ceremony director fired over 1998 Holocaust joke  \n\n\n  The Olympic Games have not made much economic sense for host cities in recent years as the costs continue to skyrocket . The Tokyo Olympics appear to make even less economic sense due to the pandemic. \n\n\n  The Beijing Winter Olympics open six months after Tokyo closes, in February 2022. \n\n\n  -Weston Blasi; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 23, 2021 09:08 ET (13:08 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172983981,"gmtCreate":1626927121843,"gmtModify":1703480753341,"author":{"id":"3581618400071458","authorId":"3581618400071458","name":"MingMingSG","avatar":"https://static.tigerbbs.com/cf1d1b8bdf29529cc5873fd86516151c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581618400071458","authorIdStr":"3581618400071458"},"themes":[],"htmlText":"Still have room to go","listText":"Still have room to go","text":"Still have room to go","images":[{"img":"https://static.tigerbbs.com/40eb4e02534e836ad10d3d3effbbc6cb","width":"1080","height":"2711"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172983981","isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}