According to this article published in Time magazine, Tokyo are the current favorites to win the 2020 Olympic game bid.
The British bookmakers have installed the Japanese capital as the favorite to host the Games and the reasons do appear compelling, even though this is the second Olympics in a row in which they’re bidding (the Olympics were also held there in 1964). “I think Tokyo is a pretty safe bet,” says Stefan Szymanski, the Stephen J. Galetti Professor of Sport Management, in the department of Kinesiology at the University of Michigan (the full audio of the interview is below). “You can trust the Japanese to get everything on time and to budget. You can be sure they will run an efficient, safe Games and there will be no risks involved. You can be sure all the technology’s going to work. So I think it’s big pluses on those fronts.”
Read more: http://olympics.time.com/2012/09/06/tokyo-istanbul-or-madrid-who-will-host-the-2020-summer-olympics/#ixzz25jM5uJBh