Indian Federation of Sports Gaming Appoints John Loffhagen as President
by Shrutee K/DNS
National,
July 3, 2018: Indian Federation of Sports Gaming (IFSG), India's first sports
gaming self-regulatory industry body today announced the appointment of John
Loffhagen as its President. John will drive IFSG’s agenda of creating a
thriving ecosystem for sports gaming users and operators in a number of ways
including laying down guidelines for a common set of industry practices,
dissemination of know-how to members and assisting with potential arrangements
with rights holders for the benefit of members.
An
international legal expert, John trained and qualified as a lawyer in the City
of London where he spent 8 years practicing corporate and commercial law. In
1998, John joined IMG in London, becoming the head of legal for EMEA in
2000. John spent his early years at IMG working on acquisitions and joint ventures
in several sectors including football and entertainment. His stint with IMG is
soon coming to an end, but he retains an ongoing interest and much enthusiasm
for business in India with his deep understanding of the industry landscape in
the country. John has played
an instrumental role in establishing the IPL T20 cricket and ISL football
tournaments. He was actively involved in framing the rules, regulations and the
governance structure of these events. He is also
associated with a UK law firm, Onside Law as a consultant.
Commenting on
John’s appointment, Harsh Jain, Chairman
of IFSG said, “John’s association
with IFSG is an important development for the industry at large, because his
rich experience will aid IFSG as a Self Regulatory Organisation to frame industry
benchmarks with strong governance. Today, Indian sports fans enjoy a truly
immersive and engaging viewing experience with fantasy sports, thanks to the
convergence of sports and technology. It is at this nascent stage that having a
standardised framework for operations and best practices in the industry
becomes imperative. Under John’s guidance, IFSG will liaise with key industry
stakeholders to create a common set of practices and drive self-regulation,
thereby protecting user and operator interests.”
Commenting on
his new role, John Loffhagen, President
of IFSG said, “In recent years, India
has witnessed an exponential growth in the number of fantasy sports users,
making it a popular trend amongst sports fans in the country. An increasing
number of operators are now entering the market to provide sports fans with
even more immersive experiences. This rising phenomenon presents immense
opportunities for investors, upcoming operators and key policymakers to work
together towards building this rapidly-growing industry. I am delighted to be a
part of IFSG and I look forward to strengthening the buzzing fantasy sports
ecosystem in the country.”
Currently, IFSG
has 11 members that are working together to create standardised best practices
and drive self-regulation. Some of the members include Baadshah Gaming,
Vinfotech, Fantain, etc. StarPick, who recently launched its India operations
during the T20 season, is the latest to come on board.
About
IFSG: Formed in 2017,
Indian Federation Of Sports Gaming (IFSG) is India's first and only Sports
Gaming self-regulatory industry body formed to protect consumer interests and
create standardised best practices in the Sports Gaming industry. Visit: www.ifsg.in
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