Sport is an all countries affairs and there are various sporting activities. For example, football, basketball, table tennis, running, car racing and so on. Also, these events can be classified into two groups which are indoor and outdoor games. A sample of an indoor sport is a chess game. Similarly, a case of an outdoor sport is golf. Olympics and world cups are sporting occasions where different countries converge in a particular country to compete with one another. These competitions can be rewarding to the host nation. Although, they have some negative effects. I will agree to a large extent that the benefits of hosting these occasions outweigh the negative effects. In this presentation, I will outline and analyze the positives and negatives of hosting such sporting competitions.