• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Brazil’s First Gold Medal Stirs National Pride—and Big Ticket Sales

By
Reuters
Reuters
and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
By
Reuters
Reuters
and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
August 10, 2016, 1:58 AM ET
Judo - Olympics: Day 3
RIO DE JANEIRO, BRAZIL - AUGUST 08: Rafaela Silva of Brazil celebrates after winning the gold medal in the Women's -57 kg Final - Gold Medal Contest on Day 3 of the Rio 2016 Olympic Games at Carioca Arena 2 on August 8, 2016 in Rio de Janeiro, Brazil. (Photo by William Volcov/LatinContent/Getty Images)William Volcov/ LatinContent/ Getty Images

Brazil’s first gold medal has boosted Olympic ticket sales and organizers expect attendance to pick up in coming days, although some venues including the Copacabana beach volleyball arena are still struggling to fill seats.

Judoka Rafaela Silva, who grew up in Rio’s notorious Cidade de Deus favela, burst into tears on Monday as she held up her medal to a roaring crowd as the Brazilian national anthem played.

”There is nothing better for ticket sales than when the country wins its first gold,” Games spokesman Mario Andrada told reporters on Tuesday.

”Brazilians, as has been widely said, are late buyers, but it’s impossible to resist when you have the Games at home,” he said.

Some 100,000 new tickets were taken up on Monday, much better than the average of 10,000 per day about two weeks before the Rio 2016 Games kicked off. Around 82% of tickets available for Monday were sold, Andrada added.

”We wish we could have done this before but we’re not complaining, we’re looking to the future and we’re going to sell more and more,” he said.

See also: Rio Games Far From Sold Out, Ticket Sales at 82%

A late surge in attendance could help compensate for a shaky start, with organizers admitting this week that only Friday’s Opening Ceremony had sold out.

Even iconic venues like beach volleyball on Rio’s famous coastline have seen a good chunk of seats stay empty, although Brazilian crowds tend to show up late and trickle in and out of events.

Prices for the Rio tickets range between $10 and about $1,150 for the Opening Ceremony. More than half the tickets cost $17 or less, about half the price of London 2012 tickets.

But for many poor people in Brazil, a developing country, those prices remain cruelly out of reach.

See also: This University’s Athletes Are Dominating the U.S. Olympic Team

The Latin American powerhouse is also struggling with its worst recession since the 1930s and there is strong opposition to hosting the Games amid the crisis.

In addition, long delays at security checkpoints on the first day of full competition frustrated spectators, some of whom missed the competitions they had wanted to see.

Not even Brazil’s soccer team in their first match at the Games attracted a capacity crowd and on Sunday the women’s sevens tournament was played in front of at best half-filled 15,000-seater Deodoro stadium while only a few thousand spectators watched the women’s cycling road race.

About the Authors
By Reuters
See full bioRight Arrow Button Icon
By Michelle Toh
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Battle for Hormuz begins as U.S. military fights off Iranian attacks while seeking to break regime’s grip on ship traffic through strait
PoliticsIran
Battle for Hormuz begins as U.S. military fights off Iranian attacks while seeking to break regime’s grip on ship traffic through strait
By Jason MaMay 4, 2026
9 minutes ago
human
Economydisruption
BofA throws cold water on AI apocalypse panic: 60% of today’s jobs didn’t exist in 1940
By Nick LichtenbergMay 4, 2026
28 minutes ago
Donald Trump stands in front of an American flagging while wearing clear protective goggles.
EconomyIran
America is lucky it’s no longer a manufacturing powerhouse—it’s what’s protecting the U.S. economy from the worst of the oil shock, top economist says
By Sasha RogelbergMay 4, 2026
31 minutes ago
The 5 Best Food Sensitivity Tests of 2026: How to Test at Home
HealthDietary Supplements
The 5 Best Food Sensitivity Tests of 2026: How to Test at Home
By Christina SnyderMay 4, 2026
57 minutes ago
nyse
HealthInflation
Goldman: AI will save the economy someday. First, it has to stop inflating it
By Nick LichtenbergMay 4, 2026
1 hour ago
doctor
AITech
A Harvard study just found AI can now out-diagnose physicians in the ER: ‘We’re already at the ceiling’
By Jake AngeloMay 4, 2026
1 hour ago

Most Popular

Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighMay 3, 2026
1 day ago
As economic despair mounts, Russian official admits the country has had enough of Putin's war on Ukraine. 'We can’t even take one region'
Economy
As economic despair mounts, Russian official admits the country has had enough of Putin's war on Ukraine. 'We can’t even take one region'
By Jason MaMay 3, 2026
21 hours ago
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
Economy
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
By Nick LichtenbergMay 3, 2026
1 day ago
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
3 days ago
I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market's nepo problem
Commentary
I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market's nepo problem
By Blake O'ShaughnessyMay 3, 2026
1 day ago
Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology
AI
Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology
By Sasha RogelbergMay 3, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.