London 2012 Olympics: Betfair to share information on suspect gambling with International Olympic Committee Britain's Olympics minister Hugh Robertson said earlier this month the integrity of the Games could be shattered by the "enormous" threat of illegal gambling rings trying to fix results. Betfair said it had signed a Memorandum of Understanding with the IOC laying out plans to co-operate and share customer and transactional data should suspicious activity be detected on an Olympic event. "The interests of sports governing bodies, like the IOC, and Betfair are completely aligned in wanting to ensure consumers can bet on sporting events in a transparent and secure manner," Betfair's chief legal & regulatory affairs officer Martin Cruddace said in a statement on Thursday. Betfair said its integrity team monitors its systems for signs of suspicious activity, tracking every bet placed using specialised software which identifies suspicious bets. IOC president Jacques Rogge has previously spoken of the danger illegal gambling rings pose to the Games. In his opening address at the 123rd IOC session in Durban, Rogge said there was "no room for complacency." He added: "Protecting the integrity of sport is a priority for the IOC. In all these areas, co-operation with governments is essential. The issue of sports betting corruption was brought to the fore last year when former Pakistan cricket captain Salman Butt and bowler Mohammad Asif were jailed after being found guilty of taking bribes to fix parts of a test match against England in 2010. Earlier on Thursday, a former English county cricketer pleaded guilty to taking money to fix part of a match.