The 2009 Copenhagen Outgames reportedly raked in a $234,000 profit, a stark contrast to the problematic 2006 Montreal games.

The 2009 Copenhagen event was one of the largest
and best-attended international sporting competitions to be held in
Denmark, organizers said in a statement.

Despite a global recession and an attack on gay athletes at the event (three youths were arrested in connection with that fireworks-throwing attack), organizers reported the event was generally thought to be a major success.

“What I personally liked about the Outgames event in Copenhagen was that we were able to create a high class quality sports, culture, and human rights event of solid value for both the city, the LGBT community — local as well as internationally — and for all the participants and guests," Uffe Elbaek, CEO of the Outgames' planning committee, said in a statement. “And I think that the main reason for this success was that all the people involved — from the City Hall to the grass roots — kept their heads calm and their hearts open all the way through.”

Plans are already well under way for the 2013 games, scheduled to take place for Antwerp, Belgium. But you don't have to wait that long to watch gay athletes compete. The 2010 Gay Games will take place this summer in Cologne, Germany.