Close Menu
KumbhCoinorg
    What's Hot

    Deepti Sharma creates world record with historic spell as India thrash Thailand in Women’s Asia Cup 2026

    August 31, 2026

    What’s the Holdup of Quinn Hughes Signing an Extension with the Minnesota Wild?

    August 31, 2026

    Business groups urge Swinney to scrap ‘ineffective’ food price cap plan

    August 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Deepti Sharma creates world record with historic spell as India thrash Thailand in Women’s Asia Cup 2026
    • What’s the Holdup of Quinn Hughes Signing an Extension with the Minnesota Wild?
    • Business groups urge Swinney to scrap ‘ineffective’ food price cap plan
    • Japanese Bitcoin Industry Unveils ‘Aurora’
    • Dolly Parton laid to rest alongside husband in Nashville
    • ‘Everyone is worried’: Pakistan languish at WTC bottom after another heavy defeat | Cricket News
    • AIIMS CRE-5 re-exam hit by technical glitches in Jaipur, candidates protest; fresh test promised
    • Bitcoin Price Prediction: Macro Pressure Mounts as Yen Slides and Oil Climbs
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Monday, August 31
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»The financial winners and losers from the World Cup
    Market News

    The financial winners and losers from the World Cup

    kumbhorgBy kumbhorgJuly 17, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    The financial winners and losers from the World Cup
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    The 16 host cities across the US, Canada and Mexico have been welcoming an influx of fans and tourists boosting hospitality, hotels and local businesses.

    But while the Scots drank Boston dry and have won the heart of the city and its people, experts say the long-term economic benefits are minimal.

    Fifa estimated some $41bn would be added to the global economy, of which $17bn would boost the US economy alone, with 185,000 jobs created, mostly in hospitality and accommodation.

    But Alexander Budzier, a fellow in management practice at Oxford University and chief executive of project management company Oxford Global Projects, says the long-term economic benefits of hosting such a big sporting event just do not materialise.

    Host cities actually typically see a big drop in visitors, he says, as many seek to avoid the tournament chaos.

    And while there may be a spike in hiring, he argues it is typically only for lower-paid jobs in hospitality. “It creates jobs, but it does not create wealth,” he says.

    Official figures show that hiring in US pubs, bars and restaurants ramped up ahead of the tournament in May, but the boom was short-lived.

    The only “worthwhile” economic benefit, Budzier argues, is the regeneration projects that can be done, such as the redevelopment and housing built in Stratford in London following the 2012 Olympic Games.

    But due to much of this World Cup using existing stadia, hotels, training complexes and travel infrastructure, “there won’t be any economic benefits from development”.

    Cup Financial losers winners World
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCrypto.com Secures $400M Investment From Citadel Securities At $20B Valuation
    Next Article NHL Rumors: Columbus Blue Jackets, and Forward Options for the New York Rangers
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Cricket

    Deepti Sharma creates world record with historic spell as India thrash Thailand in Women’s Asia Cup 2026

    By kumbhorgAugust 31, 2026
    Market News

    Business groups urge Swinney to scrap ‘ineffective’ food price cap plan

    By kumbhorgAugust 31, 2026
    Stock Market Updates

    31 August, 2026 – Alpha Ideas

    By kumbhorgAugust 31, 2026
    Cricket

    BAN-W vs INDO-W Dream11 Prediction Today Match, My11Circle Prediction, Dream11 Team Today, Fantasy Cricket Tips, Playing XI, Pitch Report, Injury Update- Women’s Asia Cup T20 2026, Match 4

    By kumbhorgAugust 31, 2026
    Market News

    The US-Canada trade war in 5 charts

    By kumbhorgAugust 31, 2026
    Market News

    Wife of man who died after turbulence sues Singapore Airlines

    By kumbhorgAugust 30, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    Deepti Sharma creates world record with historic spell as India thrash Thailand in Women’s Asia Cup 2026

    By kumbhorgAugust 31, 2026

    India Women began their Women’s Asia Cup 2026 campaign on a winning note, defeating Thailand…

    What’s the Holdup of Quinn Hughes Signing an Extension with the Minnesota Wild?

    August 31, 2026

    Business groups urge Swinney to scrap ‘ineffective’ food price cap plan

    August 31, 2026

    Japanese Bitcoin Industry Unveils ‘Aurora’

    August 31, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025176 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202548 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202533 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    Deepti Sharma creates world record with historic spell as India thrash Thailand in Women’s Asia Cup 2026

    August 31, 2026

    What’s the Holdup of Quinn Hughes Signing an Extension with the Minnesota Wild?

    August 31, 2026

    Business groups urge Swinney to scrap ‘ineffective’ food price cap plan

    August 31, 2026
    Most Popular

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views

    Making Waves in Tampa Bay: Bitcoin Bay Foundation Joins the Gasparilla Parade of Pirates

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.