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Tokyo Olympic Bid Wins Odds Makers’ Favor to Host 2020 Games

Tokyo is the odds-on favorite to host the 2020 Olympic Games in the days before the winning city is announced, according to bookmakers.

Japan’s capital, which last hosted the Olympics in 1964, has 44 percent of the bets placed, according to, a website that gathers online gambling data. Madrid is second with a 29 percent chance of winning the Summer Games, followed by Istanbul with 24 percent. The speculation is giving a boost to Japanese construction and real estate companies.