The business was established on 8 January 2011 after state loosened its 13-year ban on gambling.
In 2014, its 500th office opened.
The company operates worldwide, using approximately 1,000 people offering betting by telephone and Internet with their 500 Licensed Betting Offices.
As of 2012, Topaz are the official partner of Azerbaijan Premier League and operate booths for all England and Football Association matches.
In March 2013, the company faced pressure from National Assembly of Azerbaijan due its negative effect on childhood but Azad Rahimov, the Minister of Sports and Youth of Azerbaijan Republic supported firm. Rahimov claimed, all Topaz’ operations are transparent, and the company is supporting the game industry.
Read more: matchbook bonuses