Topaz (bookmaker)

Topaz is a bookmaker in Azerbaijan.

Topaz
TypePublic
IndustryGambling
Founded8 January 2011
HeadquartersBaku, Azerbaijan
ProductsBookmaking, betting shops
Number of employees
100 (2019)
Websitetopaz.az

Topaz, 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.[1] There are currently about 500 exclusive Topaz sales agents all over Azerbaijan.

Products
  • Sport betting: Football, Basketball, Tennis, Ice-Hockey, Volleyball and Greyhound Races
  • Lottery Games and Scratch Cards

Operations

The company operates in Azerbaijan, employing approximately 100 people and offering betting in more than 500 exclusive betting shops all over Azerbaijan.

Address

Main office address: 1/208, Ac. Hasan Aliyev avenue, Baku, Azerbaijan.

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.[2][3] Topaz was the main sponsor of the Azerbaijan Premier League (Topaz Premiere League) from 2012-2019.[4]

Topaz is the main sponsor of the Azerbaijan Volleyball Federation. Topaz started partnering with the Azerbaijan Cybersport Federation and the National Olympic Committee in 2019.

Criticism

In March 2013, the company faced heavy pressure from the National Assembly of Azerbaijan due its negative effect on youth but the company was supported by Azad Rahimov, the Minister of Youth and Sports of Azerbaijan Republic.[5] Rahimov claimed, all Topaz’ operations are fully transparent, and the company is supporting the sport industry.[6] Topaz provides a state guarantee for all winnings. Only 18+ persons are allowed to play at Topaz betting shops.

References
  1. "Topaz and PFL signed for three joint seasons". 19 September 2012. Retrieved 3 June 2021.
  2. ""Topaz" Premyer Liqanın yeni sponsoru oldu". Sportal.az (in Azerbaijani). Retrieved 26 August 2012.
  3. "Topaz и ПФЛ подписались на три совместных сезона". Azerisport.az. 19 September 2012. Retrieved 19 September 2012.
  4. "PFL announces tender for 2019/20 season". PFL. Retrieved 3 June 2021.
  5. "Azad Rahimov: Now let "black market" operate and those who dislike Topaz be happy". Report.az. 4 February 2015. Retrieved 4 June 2021.
  6. Aliyeva, Sabina. Некоторые депутаты Милли Меджлиса выступают за то, чтобы все спортивные тотализаторы в стране были закрыты. www.zerkalo.az (in Russian). Archived from the original on 22 December 2017. Retrieved 9 August 2014.
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