Do you have sources for it being so profitable? For who? Everything I understand about events like the World Cup and Olympics is that they are massively wasteful, corrupt, publicly funded economic disasters. Is that just the Olympics?
It was one of the most profitable World Cups, take into account that it was in 1994.
[1] http://articles.latimes.com/2010/sep/07/opinion/la-oe-coates...