Five Questions With an Ex-IOC Official About Olympic Finances
Plus: Selling out in the music business, and a bettor’s take on being a better gambler.
The Olympics will leave Paris, but its famous restaurants will always be there.
Photographer: Ryan Pierse/Getty ImagesThe Summer Olympics will wrap up this weekend in Paris, but there’s reason to believe the Champagne won’t stop flowing over the Games’ success. Bloomberg News’ Hugo Miller caught up with a former member of the International Olympic Committee in the City of Light to look back at the history of hosts’ wasteful construction spending and the future of TV rights and sponsorship growth. Plus, how selling out has changed the music business, and a casino visit with Nate Silver. If this email was forwarded to you, click here to sign up.
CORRECTION: Tuesday’s newsletter incorrectly described Minnesota Governor Tim Walz as an Iraq War veteran. While serving in the Minnesota National Guard in 2003, he was deployed to Italy in support of the US war in Afghanistan.