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Commonwealth Games Contribute $1.15B-Plus To Scotland's Economy, Report Finds

A new report found that the Glasgow 2014 Commonwealth Games contributed more than £740M ($1.15B) to Scotland's economy and "supported thousands of jobs," according to the SCOTSMAN. The Post-Games Report found that the event brought "social, cultural and economic benefits to the whole of Scotland." Over the eight years from winning the bid to hosting the event, the Games contributed more than £740M gross to the country's economy, including £390M ($605M) for Glasgow's economy. It also supported on average 2,100 jobs each year from '07-14, including 1,200 on average in Glasgow, the report found. The event attracted around 690,000 unique visitors, "whose spending contributed, in net terms," around £73M to the economy in '14. The report also found the Games "brought significant investment in regeneration, particularly in the East End of Glasgow, Rutherglen and South Lanarkshire," with land remediation, transport infrastructure, and sports facilities like the Sir Chris Hoy Velodrome, Emirates Arena and Tollcross Int'l Swimming Centre, "all of which are now being used by the public" (SCOTSMAN, 7/23).

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