Summer Olympic Games Summer Olympic Games The Summer Olympic Games () or the Games of the Olympiad, first held in 1896, is a quadrennial international multi-sport event. The most recent Olympics were held in Rio de Janeiro, Brazil. The International Olympic Committee (IOC) organises the Games and oversees the host city's preparations. In each Olympic event, gold medals are awarded for first place, silver medals are awarded for second place, and bronze medals are awarded for third place; this tradition began in 1904. The Winter Olympic Games were created due to the success of the Summer Olympics. The Olympics have increased in scope
Olympic Games national anthems are played: the flag of the current host country; the flag of Greece, to honour the birthplace of the Olympic Games; and the flag of the country hosting the next Summer or Winter Olympic Games. The president of the organising committee and the IOC president make their closing speeches, the Games are officially closed, and the Olympic flame is extinguished. In what is known as the Antwerp Ceremony, the mayor of the city that organised the Games transfers a special Olympic flag to the president of the IOC, who then passes it on to the mayor of the