By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Need To Know

News, culture and entertainment you need to know

Font ResizerAa
  • U.K News
  • World
  • Entertainment
  • Lifestyle
  • Money
  • Travel
  • Fitness and health
  • Tech
  • Motors
  • Sports
  • More
Reading: Argentine athletes worry about funds; Cooling tech in Olympics
Share
Font ResizerAa

Need To Know

News, culture and entertainment you need to know

  • U.K News
  • World
  • Entertainment
  • Lifestyle
  • Money
  • Travel
  • Fitness and health
  • Tech
  • Motors
  • Sports
  • More
Search
  • U.K News
  • World
  • Entertainment
  • Lifestyle
  • Money
  • Travel
  • Fitness and health
  • Tech
  • Motors
  • Sports
  • More
Follow US
Need To Know > Entertainment > Argentine athletes worry about funds; Cooling tech in Olympics
Olympic gold winner Paula Pareto donates her coaching stipend to help struggling Argentine athletes as budget cuts threaten their Paris 2024 Olympic dreams. Support and awareness grow.
Entertainment

Argentine athletes worry about funds; Cooling tech in Olympics

Kieran Thorley
Last updated: August 5, 2024 8:29 am
Kieran Thorley Published August 4, 2024
Share
SHARE

Olympic gold winner and Argentine judoka Paula Pareto said she would be donating her state coaching stipend to help other Argentine athletes who are financially struggling. She made her remarks after the reduction of 18 judokas from Argentina’s budget-conscious government to four.

As the Paris Olympics draw near, Argentina’s elite athletes are growing anxious about their prospects due to President Javier Milei’s libertarian government’s efforts to slash costs. ‘When you are an athlete, results are demanded of you, but each time they give you a little less’,  Pareto said. 

ENARD, the group that helps high-performance athletes, had its budget stuck at levels from 2023, even though prices go up by almost 300% every year. This surprised many sports fans including Paris Olympics betting fans.

‘In a country like Argentina today, where people don’t eat, we are aware that there are other priorities’, said ENARD director Diogenes de Urquiza. He also mentioned that the country was giving most of its funds to athletes who had qualified for Paris or who were going to qualify. 

Julio Garro, the Undersecretary of Sports, wrote on X (former Twitter) that the government’s efforts were overshadowed and minimised by Pareto’s comments. Around 1,200 elite Argentine athletes and coaches earn stipends of $350 monthly.

This is a small sum compared to the lavish salaries of Argentina’s top footballers, which is over $255 per hour, just a little higher than the federal minimum wage. ‘We live on that’, Macarena Ceballos, an Argentine swimmer who dreams of a ‘real state policy’ for athletes, said.

Ceballos was named best swimmer in South America in 2023 and was a top choice for bettors on many Olympics betting sites. Amidst her achievement, she had a tough time preparing for the Olympics in the cold Argentine winter due to a broken pool heater. She said that every winter, the situation is the same.

With a ‘chainsaw’ approach to budget cuts, Argentina’s president left the film and culture industry reeling and soup kitchens with empty cupboards since he took power. As part of his efforts to reverse decades of economic stagnation, Milei removed around 10,000 government seats and halved his cabinet.

Walter Perez, a 2008 Beijing Olympic gold medalist, asserts that the government is doing its best to maintain support for those who have qualified for the Paris Games. However, he also argues that after the Paris Olympics, sports in Argentina are not over. Athletes still struggle to find ways to get more funding for all sports. 

Why are athletes low-funded?

The main reason why some athletes are low-funded varies greatly depending on the sport, level of competition, and national context. Some of the common reasons why include:

  • Lack of commercial appeal →  Sports and athletes in countries that don’t have a large fan base or media coverage tend to receive less sponsorship and broadcast revenue. 
  • Gender inequity → Women’s sports have been underfunded compared to men’s sports, due to societal biases and imbalances in commercial interest and viewership.
  • Lack of profit → Many Olympic and amateur sports simply do not generate enough revenue to be self-sustaining. This makes them rely on external funding sources that are insufficient.

Cooling tech to help Paris Olympics athletes

Paris will host the 2024 Olympic Games and forecasters predict scorching summer temperatures for the event. In summer 2023, temperatures across Europe reached record highs. According to France’s national weather service, summer 2024 will also be higher than normal.

This kind of weather makes it even harder to compete in sports. It will be crucial for the Olympic athletes to keep an eye on their body temperatures as they train, rest, and fight.

The rooms where the athletes will stay during the event will also not have air conditioning. ‘It can be very hot and miserable in Paris, as it was in Tokyo during the last Olympics’, Craig Heller said, an expert on how the body keeps its temperature steady.

He also said that temperature rise has a lot of undesirable effects on function. In turn, Heller and other academics at the institution examined how the body regulates its temperature. Given the college’s closeness to Silicon Valley, the tech industry was able to level the playing field.

Blood-cooling tech emerges

Heller was a co-inventor of the glove-like gadget known as CoolMitt. This aids in releasing heat and lowering blood temperature, allowing the athlete’s heart and muscles to get the cool blood again.

It’s made to be used during game timeouts, between sets and reps at the gym, or any other short break during training or a game. ‘If you take heat out of the core of the body, that prevents heat from building up in the active muscles, and they keep on working’, Heller stated.

Show your support for the Paris Olympics by attending the games or betting on your favourite teams on the best Olympics betting sites. This will help the athletes be recognised and urge the development of helpful techs that improve athletes’ training and performance. 

You Might Also Like

Builder found dead in hotel fire had been struggling with debt, inquest hears

‘My £4,000 World Cup betting spree ended in £250,000 debt’

‘My £1 football bet spiraled into £140K debt NIGHTMARE – don’t make the same mistake as me’

‘I lost £200,000 to gambling addiction and blew £15,000 in one weekend – it left me feeling broken’

Innovations in Software Technology: What Businesses Need to Know

TAGGED:GamblingGamesOlympic
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
InstagramFollow
TiktokFollow
Most read
Wanted trafficker Arif Jhuman was cuffed mid-workout on a cardio machine at a Medellín gym in a joint Interpol raid, as fellow gym-goers watched in shock.
World

Wanted Canadian ‘arms trafficker’ arrested in Colombian gym mid-workout

William McGee William McGee July 9, 2026
Pilot asks passengers for a minute’s silence for ‘dead’ Egypt after Argentina win
‘I was raped by my dad’s best friend – now he walks FREE after just 18 months’
Luxury yacht worth £1.7m erupts in flames as two adults and a child on board are rescued
Scary moment angry Egypt fans threaten to ‘slit throats’ of refs after controversial World Cup tie

Categories

  • Lifestyle
  • U.K News
  • World
  • Technology
  • Business
Quick Link
  • My Bookmark
  • Interests
  • Privacy
  • Terms
  • Write for us
  • Authors
  • Contact
Top Categories
  • Business
  • Environment
  • Lifestyle
  • Technology
  • Fitness and health
  • Property
  • Entertainment

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

Read Next

Soft2Bet is a leading iGaming tech company offering customizable casino and sportsbook platforms - delivering compliance, innovation and engagement tools for regulated markets.
Entertainment

Soft2Bet: The Impact of Their Gaming Solutions on the Market

February 23, 2026
Brazil's regulated online gaming market is booming - licensed operators raked in over $3 billion in just six months, making it one of Latin America's most exciting digital entertainment markets.
Entertainment

Brazil’s Regulated Gaming Market in Focus

February 23, 2026
Woman, 40, gambled for 24 hours at a time losing up to £1,000 per session. She discovered her addiction was caused by her period hormones. Now 2 years clean.
Fitness and health

‘I developed a gambling addiction thanks to my PERIOD – it left me with no food or heating’

February 17, 2026
Mum's secret gambling addiction left her £35,000 in debt, relying on food banks and hiding from bailiffs while in labour. Kerry Walsh could blow £700 in 20 minutes on slots.
Lifestyle

Mum-of-two’s gambling addiction left her in £35,000 worth of debt and relying on food banks

February 5, 2026
Lisa Walker warns of rising online gambling addiction as she shares her journey from losing everything to rebuilding her life while urging others to seek help this Christmas season.
Lifestyle

‘I lost £500,000 and my HOME to secret gambling addiction’

November 13, 2025
Entertainment

What’s causing the rising demand for mobile casinos?

August 8, 2025
Discover the psychology of game design - from random rewards to social hooks - learn how titles like Fishin Frenzy Even Bigger Fish keep players hooked for hours.
Entertainment

How Game Designers Keep Players Coming Back

August 1, 2025
Entertainment

Playing the Numbers Game: Why We LoveStatistics

July 20, 2025

Categories

  • Lifestyle
  • U.K News
  • World
  • Technology
  • Business
Quick Link
  • My Bookmark
  • Interests
  • Privacy
  • Terms
  • Write for us
  • Authors
  • Contact
Top Categories
  • Business
  • Environment
  • Lifestyle
  • Technology
  • Fitness and health
  • Property
  • Entertainment

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

2024 © Need To Know. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?