With less than a week to go before the 2016 Rio Olympics begin, the Brazil Ministry of Justice terminated its contract with private security firm Artel, citing “incompetence and irresponsibility.” The Rio de Janeiro-based firm was meant to hire 3,400 security personnel, but admitted they had only hired 500.
The Brazilian government is granting the country's armed forces an extra US $26 million to ensure security at the Rio 2016 Olympic and Paralympic Games.
Talk to anyone in the today's Sports & Entertainment Industry, about what fuels the market. Most will tell you that it's all about safety/security and the overall fan experience.
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