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Olympics-London 2012 signals end of white elephant curse

By Brenda Goh | Reuters"... Greece built or upgraded 36 venues at an estimated cost of
more than 12 billion euros ($14.8 billion) when it hosted the
Athens Olympics in 2004. Almost all are now derelict and
graffiti-covered after repeated failures to lease them out.
Beijing, which hosted a spectacular summer Olympics opening
ceremony in 2008, has struggled to find tenants or generate
revenue f r om most of the 32 Olympic venues in Beijing, 12 of
which it built for the Games.
And South Africa has faced similar problems in filling the
10 stadiums it built and upgraded at an estimated 18 billion
rand ($2.2 billion) to host the month-long 2010 World Cup...."
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