Topaz is a

bookmaker A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out bets on sporting and other events at agreed-upon odds In probability theory, odds provide a measure of the probability of a particular outco ...

Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...

, 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 The Azerbaijan Premier League (), also known as Misli Premyer Liqası for sponsorship reasons, is a professional association football league in Azerbaijan and the highest level of the Azerbaijani football league system. It is contested by twelve ...

from 2012-2019.

Sponsorship

In 2012, Topaz became the official betting partner of

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 (), 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 in single-seat co ...

due to its negative effect on youth, but the company was supported by Azad Rahimov, 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