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The Olympics also generates income from the Olympic delivery authority who provides venues and infrastructure – they are funded by the Department of culture, media and sport, the greater London authority, London authority, London development agency and the lottery distributor. ?2.2 billion is provided by the national lottery funds which helps build or improve Olympic facilities – however this funding also plays a key role in funding work that will lead to increased participation in grassroots and community sport. The funding is used to improve services and facilities, and is one of the only examples of funding helping both elite and participation sides of sport...
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