The European Gaming and Betting Association (EGBA) and the European Sports Security Association (ESSA) have signed an agreement with the International Olympic Committee (IOC) to share information on suspicious betting activity.

The deal is to commence ahead of this year’s 2014 Winter Olympic Games, which start today in the Russian city of Sochi, and will also cover the summer games, due to be held in the Brazilian city of Rio de Janiero in 2016.

Under the terms of the partnership, EGBA and ESSA will be able to share data with the IOC through its newly-established Integrity Betting Intelligence System (IBIS), which has been launched for the Sochi games.

IBIS collates alerts and information on unusual betting patterns, and will be made available to international sports federations for their international competitions.

IOC communications director Mark Adams said the IOC’s memorandum of understandings with operators, regulators and industry associations is part of a concerted campaign to protect sporting events from betting-related corruption.

“We are very pleased with these agreements, which build on our successful collaboration during London 2012,” Adams added.

ESSA secretary general Khalid Ali said he fully supported the establishment of IBIS, adding that the agreement further strengthens the fight against corruption in sport.

“The MoUs signed between EGBA, ESSA and IOC send a clear message that the sports betting industry takes the issue of match-fixing very seriously and will face it head on,” EGBA secretary general Maarten Haijer added.

“Sports, the public and betting operators all lose out from match fixing. The regulated betting operators work hard to promote a fair and untainted gaming experience for all," he explained.