This paper contributes to the literature examining the impact of large-scale sport events (LSEs) on international tourist inflows from 1995 to 2019. Our proposed method involves the calculation of tourist potential and the analysis of actual-to-potential ratios before and after the event. This approach allows us to measure the effect of LSE on a particular hosting country rather than its average effect. Our findings demonstrate a strong “crowding-out” effect for international tourists, with only four out of 18 LSEs resulting in a positive effect on tourist arrivals in the host country.