On July 6, 2005, after defeating the European rival Paris, London was awarded the right to host 2012 Olympics. Moscow, New York and Madrid were eliminated in the first three rounds of voting.
This victory gave Paris a third stinging defeat in Olympics in 20 years. Since 1924 Paris hasn’t hosted he games. The game budget has been set as ₤.1.3 billion and further ₤.8.3 billion will be spent on transport and venues. Between July 27 and August 11, the games will takes place and followed by Paralympics which will be between August 31 and September 11. From the list of the games baseball, softball, squash and karate were dropped on July 8, 2005.