LOS ANGELES — The preparations for the 2028 Olympics in Los Angeles are advancing well, as noted by the organizers on Thursday, who also expressed assurance that the recent travel restrictions implemented by President Donald Trump won’t hinder participants from entering the U.S. for the event.
“The order clearly outlines that the Olympics merit special attention, and I actually appreciate the federal government for acknowledging this,” mentioned LA28 chairman and president Casey Wasserman during a press briefing at the Los Angeles Convention Center.
“The federal authorities recognize that they must create a conducive environment for the games,” he noted. “We are very confident that this understanding will persist. This has been the standard so far and will undoubtedly continue through the Olympics.”
International Olympic Committee member Nicole Hoevertsz, who is chair of the Coordination Commission for LA28, anticipates the U.S. government will cooperate, as it did in hosting previous Olympics.
“That is something that we will be definitely looking at and making sure that it is guaranteed as well,” she said. “We are very confident that this is going to be accomplished. I’m sure this is going to be executed well.”
Sixteen IOC members wrapped up a three-day visit Thursday, having inspected multiple venue locations, including Dodger Stadium where they attended a Major League Baseball game between the New York Mets and the Dodgers.
The IOC’s Coordination Commission was last in the city in November.
“We’ve seen significant progress,” Hoevertsz said. “We leave the city very confident with the road ahead.”
Noting the games are 1,135 days from opening on July 14, 2028, Wasserman said, “We are in delivery mode now.”
Saturday marks the six-month anniversary of the start of the deadly wildfires that devastated Pacific Palisades on the city’s west side and the community of Altadena, northeast of downtown.
“In California, there are some obvious things you should be prepared for – earthquakes, wildfires,” Wasserman said. “You certainly hope that they never happen, but shame on us if we’re not prepared for any and every kind of eventuality because that is our job.”
Reynold Hoover, who runs the day-to-day work of LA28 as its CEO, said contingency planning is ongoing.
“The wildfires gave us an opportunity within the organization to think a little bit differently about how we’re structured and how we impact the community and how we think about sustainability,” he said.
From a financial standpoint, Wasserman said he’s “incredibly confident” the games will turn a profit.
“Frankly, losing money is not really an option for us. We understand that while there is a backstop from the city, that is not something we ever intend to get close to,” he said. “We have built our entire delivery to be tracked against the revenue we create, which is why we are being so aggressive, and have been for a long time, on generating as much revenue as possible.”
Wasserman said LA28 is “well over” 60% in contracted revenue.
“We have more revenue today contracted than Paris did total revenue,” he said, “and we haven’t sold a ticket yet.”
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