London 2012: Little cash legacy from Olympic Games
18 November 2013 Last updated at 10:14 GMT
The economic benefits of London 2012 were "disproportionately weighted" towards the south of England, a report has found.
Fewer than 500 jobs were created in Wales, out of a total of 30,000.
Less than 1% of the £2.5bn the UK government says has been invested by foreign firms after the Olympic and Paralympics has come to Wales, the House of Lords report has found.
Lord Dafydd Wigley, who was on the committee that produced the report, told BBC Radio Wales' Oliver Hides the Olympic Games were awarded to a city, not a country.