Bidding for the Olympics: fool's gold?

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The impact of mega-sport events on tourist arrivals (2011, background): “Measuring only the economic returns to host the Summer Olympic Games, Preuss (2004, 2007b) and Baade and Matheson (2003) show that the gains are ambiguous.”
The Economic Impact of the Olympic Games: Ex Ante Predictions and Ex Poste Reality (2008, background): “An interesting paper by Baade and Matheson (2002) deserves particular attention for two reasons.”
Destination South Africa: comparing global sports mega-events and recurring localised sports events in South Africa for tourism and economic development (2015, background): “Researchers often legitimate the sport–media–tourism complex through the production of reports suggesting expenditures on mega-event infrastructure should be considered investments that generate long-term growth (Barclay, 2009). As Barclay (2009) and others argue, these reports are commissioned by s”
Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games (2008, methodology): “Baade and Matheson (2002) conducted an ex post econometric study of employment generation in the Los Angeles and Atlanta areas before, during and after the 1984 and 1996 Games and found only negligible effects.”