Nowadays, many countries are organizing mega sports events to improve its economic growth. Some people favors the concept of hosting international sports event by a country, whereas, others believe it is just a waste of time and money. There are valid opinions to weigh both the sides of the discussion, which I will consider in the following paragraphs.
On one hand, it helps in providing an astounding improvement in the infrastructure of the city where the event is being organized. It also builds reputation and dignity of the host country all over the world. Then, it encourages tourism and creates bright avenues of employment. Moreover, the host country also earns very high revenue by selling tickets of the event. Eventually, arranging international sports events boost the economy of the host country.
On the other hand, such mega events adversely affect daily life of the citizens. Government spends huge amount of money in building temporary infrastructure to provide basic amenities and security to the visitors. Moreover, government further recovers this amount from the residents of the country in the form of direct and indirect taxes. By any chance, if the event does not happen smoothly, it brings blemishes to the prestige of the host country.
Overall, I think, in recent years the people’s perception and attitudes have completely changed. Earlier sports industry was least preferred and underrated. But now, due to heavy investments and higher returns, it has become the most lucrative and desirable sector worldwide. Different communities worldwide have started giving respect and recognition to sports and the players as well. Therefore, in order to bring name and fame along with some financial benefits, hosting international events is profitable and acceptable. 
Nowadays,  
many
  countries
 are organizing mega  
sports
  events
 to  
improve
 its economic growth.  
Some
  people
  favors
 the concept of hosting international  
sports
  event
 by a  
country
, whereas, others believe it is  
just
 a waste of time and money. There are valid opinions to weigh both the sides of the discussion, which I will consider in the following paragraphs.
On one hand, it  
helps
 in providing an astounding improvement in the infrastructure of the city where the  
event
 is  
being organized
. It  
also
 builds reputation and dignity of the  
host
  country
 all over the world. Then, it encourages tourism and creates bright avenues of employment.  
Moreover
, the  
host
  country
  also
 earns  
very
 high revenue by selling tickets of the  
event
.  
Eventually
, arranging international  
sports
  events
 boost the economy of the  
host
 country. 
On the other hand
, such mega  
events
  adversely
 affect daily life of the citizens.  
Government
 spends huge amount of money in building temporary infrastructure to provide basic amenities and security to the visitors.  
Moreover
,  
government
  further
 recovers this amount from the residents of the  
country
 in the form of direct and indirect taxes. By any chance, if the  
event
 does not happen  
smoothly
, it brings blemishes to the prestige of the  
host
 country. 
Overall
, I  
think
, in recent years the  
people
’s perception and attitudes have completely  
changed
. Earlier  
sports
 industry was least preferred and underrated.  
But
  now
, due to heavy investments and higher returns, it has become the most lucrative and desirable sector worldwide.  
Different
 communities worldwide have  
started
 giving respect and recognition to  
sports
 and the players  
as well
.  
Therefore
, in order to bring name and fame along with  
some
 financial benefits, hosting international  
events
 is profitable and acceptable.