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Thursday, October 19, 2017

Belarus makes $19 million in profit from IIHF Hockey Cup

Yevgeny Vorsin, the chairman of the Belarusian Ice Hockey Federation, announced on Monday that the country earned more than $19 million from the 2014 IIHF Ice Hockey World Championships, surpassing the country's initial estimates of $17.5 million in profits.

"We still have some expenses ahead," Vorsin said, according to BelTA. "However, there will be funds we plan to allocate to the further development of the ice hockey industry."

The 2014 IIHF World Championships took place at the Minsk Arena and Chizhovka Arena from May 9-25. On average, more than 10,000 people attended each game, setting a new attendance record for the event.

On May 25, Russia was awarded the championship following a 5-2 win over Finland. This is Russia's fourth world championship win in the last seven years. The game was attended by Alexander Lukashenko, the president of Belarus, who sat beside Russian President Vladimir Putin, at the game, BelTA reports.