It rents out its venues to rivals like Live Nation Entertainment, which recently paid $300,000 for three nights of Lady Gaga's per for mances at Staples Center.
Also, it wanted to refurbish some of its venues.
Centerplate typically operates under the radar; most customers at its venues probably don't even know it exists.
Concert-goers might have winced at soaring ticket prices, but it seemed they would continue to flock to its venues.
LA 2024 has estimated it will spend about $1.2 billion on all of its venues.
Cinemark in late 2009 sued Imax, seeking a court ruling that it wasn't violating Imax patents for converting its venues to giant-screen theaters.
And we will do it by diversifying its events, its audience and its venues to engage with all of Los Angeles.
Like Tokyo, it can at least claim to have most of its venues in place, and its bid team are likely to emphasise how hosting the Games would help stimulate the economy.
In fact it's hot for growth, with plans to double its venues in five years.
Until Friday morning, the organising committee did not even have a caterer for its venues.
If Beijing wins, the athletes will travel up to 160km to reach its venues.
