We're updating the status of this idea to more accurately reflect its current status with our engineering team, and also made slight changes to the subject line in order for it to be more easily found. We can't guarantee a commitment to deliver on this feature request, but it should indicate some awareness that we have heard your feedback and could be taken under consideration for a future release.
As a workaround for the time being, set the event as either physical or both (if virtual), then add the URL and/or Venue in front of the Street Address field. This will cause the URL / venue to populate for the ICS file in these calendar links.
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