Record Ticket Sales for 2028 Los Angeles Olympics Amid High Prices
Despite sticker shock, Olympics ticket sales hit record with OKC presale
Yahoo! NewsImage: Yahoo! News
Ticket sales for the 2028 Los Angeles Olympics have reached a record high during the initial presale, with strong demand from local residents in Los Angeles and Oklahoma City. Despite complaints about high prices and limited availability, organizers reported that hundreds of thousands of tickets, including many priced at $28, were quickly sold.
- 012028 Los Angeles Olympics ticket sales set a record in the first week of presales.
- 02Hundreds of thousands of tickets priced at $28 were sold, the lowest in modern Olympic history.
- 03Many fans expressed concerns about high prices and limited availability of cheaper tickets.
- 04LA28 aims to fund the Games through ticket sales, sponsorship, and hospitality, avoiding taxpayer burden.
- 05More than one million tickets priced at $28 will be available by the end of the sales process.
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The ticket sales for the 2028 Los Angeles Olympics, which opened globally on Thursday, have set a record during the first week of local presales, indicating strong demand for the event. LA28, the organizing committee, reported that they sold more tickets in this initial phase than any previous Olympic Games had in their opening week. Most of these tickets went to residents of Los Angeles and Oklahoma City, despite some complaints about high prices and limited availability. Organizers noted that hundreds of thousands of tickets priced at $28, the lowest in modern Olympic history, were quickly snapped up. However, many fans experienced 'sticker shock' as the cheapest seats sold out rapidly, with higher-priced tickets remaining. LA28's CEO, Reynold Hoover, expressed enthusiasm about the local interest in the Games. The global sales launch, known as 'Drop 1,' will continue until April 19 for selected fans. The organizing committee is under pressure to ensure a financially responsible Games, with a budget exceeding $7 billion, primarily funded through ticket sales and sponsorships. LA28 has promised more low-cost tickets will be released in future sales phases.
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The strong ticket sales indicate a vibrant local interest in the Olympics, which could boost local businesses and tourism in Los Angeles and Oklahoma City.
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