Topaz is a

bookmaker A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookm ...

Azerbaijan Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of t ...

, a commercial trademark of Caspiantech, was launched in 2011 as a single legal sports-betting game operator in Azerbaijan. Caspiantech CJSC was founded on January 19, 2010 with the goal of evaluating the investment potential of Azerbaijan in the sports-betting sector. In 2013, it launched its greyhound racing game, in addition to commencing the selling of Azerlotereya's lottery products. Topaz was the main sponsor of the Azerbaijan Premier League from 2012-2019.

Sponsorship

In 2012, Topaz became the official betting partner of Azerbaijan Premier League and received the rights to operate betting for all England and Football Association matches. Topaz was the main sponsor of the Azerbaijan Premier League (Topaz Premiere League) from 2012-2019.

Criticism

In March 2013, the company faced heavy pressure from the

National Assembly of Azerbaijan The National Assembly ( az, Milli Məclis), also transliterated as Milli Mejlis, is the legislative branch of government in Azerbaijan. The unicameral National Assembly has 125 deputies: previously 100 members were elected for five-year terms ...

due its negative effect on youth but the company was supported by

Azad Rahimov Azad Arif oglu Rahimov ( az, Azad Arif oğlu Rəhimov, October 8, 1964 – April 30, 2021) was an Azerbaijani politician who served as the Minister of Youth and Sports of Azerbaijan Republic. Early life and business affairs Rahimov was born int ...

, the Minister of Youth and Sports of Azerbaijan Republic. Rahimov claimed, all Topaz' operations are fully transparent, and the company is supporting the sport industry.

References

External links

* {{DEFAULTSORT:Topaz (Bookmaker) Bookmakers Companies based in Baku Azerbaijani companies established in 2011