Debt crisis for Gay Games.

Australasian Business Intelligence, December, 2002

Dec 04, 2002 (The Mercury - ABIX via COMTEX)

The organising body for the Sydney Gay Games has entered voluntary administration with $A2.5m in debt as a result of poor ticket sales. Qantas Airways, the Federation of the Gay Games and government agencies are the main creditors. The games attracted 12,000 competitors from more than 80 countries in November 2002, and contributed more than $A100m to the New South Wales economy.

Publication Date: 5 December 2002

QANTAS AIRWAYS LIMITED - ASX QAN: 
FEDERATION OF THE GAY GAMES 
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