Tuesday 29 March 2011

World gambling, risk and prediction experts gather for international conference festival


Casino chips and playing cards
International betting experts are to gather for a series of conferences

Dice on paper
When might there be another global financial meltdown?
The event will provide a forum in which people with different perspectives can discuss very topical and important issues.
Professor Leighton Vaughan Williams, director of the Betting Research Unit

Nottingham Business School, part of Nottingham Trent University, is to welcome experts in gambling, risk and prediction markets from across the world as it hosts three simultaneous international conferences on 3 - 5 April 2011.

Over 100 delegates and speakers will be coming from as far afield as Australia, Canada, the USA, Asia and Africa for the event at Nottingham Conference Centre.

The International Conference on Gambling Studies, which includes special sessions on gambling business and economics, will welcome scholars specialising in all aspects of the industry.

Representatives from the Las Vegas casino industry will be talking about various issues facing their city, while other sessions will assess the role of skill and chance in making a successful poker player and the best strategies for betting to win at the racetrack and on the sports field.

The economic, social and business aspects of gambling are also an important focus of the conference, along with discussions on the causes and treatment of problem gambling and addictive behaviour.

Running at the same time, the Third International Conference on Prediction and Information Markets will see world-leading experts confer on various topical issues, including the improvement of earthquake predictions.

Other papers will focus on forecasting the outcome of events as diverse as Brazilian elections, Scottish Premiership football, global stock markets and, topically, how to predict when there may be another global financial meltdown.

During the Sixth International Conference on Money, Investment and Risk, academics, policy makers and business professionals will discuss topics such as risk attitude and saving behaviour of 'baby boomers', performance evaluation of European markets and ask the question 'when is a risk not a risk?'.

The conferences are being held in association with the internationally ranked journals Journal of Gambling Business and Economics, the Journal of Prediction Markets and Economic Issues.

Professor Leighton Vaughan Williams, organiser of the conferences and director of the Betting Research Unit and Political Forecasting Unit at Nottingham Business School, said: "We're running these conferences simultaneously because it gives world leading representatives from across the globe the chance to attend a variety of sessions of benefit to them.

"The event will provide a forum in which people with different perspectives can discuss very topical and important issues and learn from each other in a range of formal and informal settings."

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