Friday, October 2, 2009

Rio de Janeiro wins Olympic Bid

Intrade got it right (at last minute mind you) and the 2016.OLYMPICS.STH.AMERICA was trading as the favorite right before the shock announcement that Chicago would lose its bid in the first round of voting. Madrid and Rio de Janeiro were the two finalists this year with Rio de Janeiro winning the bid for a South American Country for the first time.

This is another big win for Brazil which has been becoming a more influential and powerful country. Brazil will now host the 2014 World Cup as well as 2016 Summer Olympics. It also seems that President Obama does not have the amount of international clout that he and his team thought they had in swaying the members of the International Olympic Committee.

No Box Office Predictions this weekend.

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Posted by Chuck at 10/02/2009 01:34:00 PM
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1 comment:

  1. MoneyMetalBetsOctober 3, 2009 at 5:45 PM

    I wasn't paying too much attention to the contracts yesterday. What's up with the dip into the 20s at 12:45pm?

    ReplyDelete

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