We beat out the competition from Los Angeles, as the Federation of Gay Games announced today that Chicago will host the 2006 games. Gay Games VII are predicted to host 20,000 participants and 250,000 spectators at dozens of local venues, bring more than 10,000 visitors to Chicago and generate up to $50 million in revenue. Chicago Games submitted a $6.1 million bid that focuses only on athletic events. The proposal dropped plans for an arts and humanities festival in Millennium Park, and reduced the number of sports organizers guaranteed to 22 from 30.