euronews the network: The Olympics: white elephant or cash cow?

Published on Jul 19, 2012 by Euronews

http://www.euronews.com/ The Olympic Games are a time for the world to come together to celebrate its athletes. The winning of gold, silver and bronze medals decided on a matter of seconds and centimetres.

But as the London Games approach, some ask why billions is being spent on this event at a time of economic hardship in Europe and elsewhere?

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Great Britain - Betting scandal | European Journal

Published on Jul 18, 2012 by deutschewelleenglish

Professional sports are about peak performance and world records - but for many, they're also about money. Swiss company Sportradar has declared war on betting fraud and match fixing.
Sports gambling is big business, estimated be worth several hundred billion euros per year worldwide. As the popularity of online betting grows, controlling the business becomes more difficult, giving the mafia easy pickings for money laundering. Read more on: http://www.dw.de/dw/episode/0,,16057230,00.html