Gus Kenworthy jumps during slopestyle at the 2018 Winter Olympics in Pyeongchang, South Korea, Sunday, Feb. 18, 2018.

 (AP Photo/Lee Jin-man)

The Reno-Tahoe area will not be making a play to host the Winter Olympics.

The Tahoe Daily Tribune reported Monday that the Reno-Tahoe Winter Games Coalition announced it was declining a bid invitation from the U.S. Olympic Committee.

According to the coalition's board chairman, it would not be practical financially to put in a bid.

Chairman Brian Krolicki said in a statement it was honored to be considered alongside Denver and Salt Lake City as possible hosts for the 2030 games.

The invitation calls for a detailed workbook addressing venue planning, transportation planning, security and other issues.

U.S. Olympic Committee CEO Sarah Hirshland says the committee looks forward to identifying new opportunities for the Reno-Tahoe region.

The area hosted the 1960 Olympic Winter Games.