This report provides an in-depth analysis of the multifaceted impacts of hosting the Olympic Games. It begins with an executive summary highlighting the report's focus on the economic, social, and environmental consequences for the host country. The introduction establishes the global significance of the Olympics, emphasizing its long-lasting effects on cities and the opportunities it provides for athletes. The analysis section delves into the economic impacts, discussing job creation, taxpayer burdens, and trade benefits. It also examines environmental perspectives, such as pollution, climate change, and deforestation, alongside the International Olympic Committee's efforts towards sustainability. Social perspectives, including infrastructure improvements, increased trade, and entertainment value, are also analyzed, along with negative impacts like security costs and restrictions on public spaces. The report concludes by summarizing the key findings and offering recommendations to mitigate the negative impacts and enhance the positive outcomes of hosting the Olympic Games, such as diversifying the financial burden and promoting sustainable practices.