News

Oslo votes to bid for 2022 Winter Games

Oslo votes to bid for 2022 Winter Games

Anais Caradeux of France competes in the women's Ski Halfpipe event at the FIS Freestyle World Ski Championships in Oslo, Norway, Tuesday March 5, 2013. Photo: Associated Press/Stian Lysberg Solum/NTB scanpix

OSLO (Reuters) – Oslo residents have voted in favor of bidding for the 2022 Winter Olympics and Paralympics, the Norwegian capital hoping to bring the event back to the Nordic nation of five million for a third time.

With nearly all the votes counted by Monday night, 55 percent of Oslo voters supported the bid in a city-wide referendum, a big turnaround compared to earlier opinion polls that showed that high costs had turned many voters off.

“They say the budget will be 30 billion crowns ($4.98 billion) so you can expect it to blow out to twice that before we’re done,” 28-year-old store clerk Frida Nilsen told Reuters. “That seems to be a lot of money for a two-week party.”

Only Almaty in Kazakhstan has formally applied to host the 2022 Winter Olympics while Barcelona and Munich are also considering bidding.

Norway has hosted two Winter Olympics before, Oslo in 1952 and Lillehammer in 1994, and said it would rely primarily on existing facilities for the 2022 event.

With a huge offshore oil sector filling state coffers, Norway is one of the few countries in Europe that can actually afford to host an Olympics.

The country has saved up $750 billion in a sovereign wealth fund, or about 150 percent of its gross domestic product, and petroleum revenues are expected to flow into the budget well into the next decade.

Applications for the 2022 Games are due later this year and the International Olympic Committee (IOC) is expected to select the host city in 2015.

The next Winter Olympics will be held in Sochi, Russia in February.

Latest Headlines

3 hours ago in Sports

NFL bars violent offenders from rookie scouting combine

nfl

The National Football League has decided individuals who have convictions for domestic violence, sexual assault or weapon offenses will no longer be allowed to participate in the NFL Scouting Combine.

4 hours ago in Viral Videos

Will Ferrell wants to be the new animal expert on ‘The Late Show’

15-overlay-7

Stephen Colbert's "The Late Show" doesn’t have an animal expert yet, so why shouldn’t it be Will Ferrell?

10 hours ago in Sports

Party like it’s 1999: Denver to celebrate another Super Bowl

Denver Broncos’ head coach Gary Kubiak, right, reacts after getting soaked with a sports drink by Von Miller (58) after their win against the Carolina Panthers in the NFL Super Bowl 50 football game Sunday, Feb. 7, 2016, in Santa Clara, Calif. The Broncos won 24-10. (AP Photo/Matt Slocum)

The Denver Broncos will board fire trucks and roll slowly through the crowd-lined streets of the Mile High City to celebrate winning the Super Bowl.

10 hours ago in Music

Billy Gibbons starring in reality TV series

billygibbons

The ZZ Top star is headed to TV in a series about restoring classic cars.

10 hours ago in Entertainment, Sports

Super Bowl fans bet record $132.5 million at Nevada casinos

Denver Broncos’ Peyton Manning, center right, holds the trophy after the NFL Super Bowl 50 football game against the Carolina Panthers, Sunday, Feb. 7, 2016, in Santa Clara, Calif. The Broncos won 24-10.  (AP Photo/Matt Slocum)

Denver were a 5-1/2-point underdog to top-seeded Carolina ahead of Sunday's game in Santa Clara, California, but used a ferocious defense to pull out a 24-10 victory.