Billionaire who owns Camden Market 'finances' Israeli military programmes
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Thu, 06/25/2026 - 11:32
Novara report finds that VPN and prize draw magnate Teddy Sagi made donations worth millions to Israeli military causes
Shoppers walk past stores in Camden Market in London, on 7 January 2022 (AFP/Tolga Akmen)
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British consumers who spend money on three popular online competitions to win cars and cash, adn who shop at a popular London market, are funding an Israeli billionaire who finances the Israeli military, according to a report in Novara Media.
Teddy Sagi, the owner of the tourist hotspot Camden Market in London, is also the majority shareholder (69.5 percent of shares) of Winvia Entertainment Group, a British prize draw operator which owns the websites Rev Comps, Best of the Best (BOTB) and Click Competitions.
According to Novara’s report, hundreds of thousands of Britons pay money into these sites, hoping to win luxury cars, homes, watches, tech prizes and more.
BOTB says it has over half a million winners, and has awarded more than £147m in prizes.
Sagi is worth around $7.1bn, according to Forbes.
As well as Camden Market and the prize draw sites, he also owns the gambling software company Playtech, the British-Israeli company Kape Technologies, as well as a string of VPN companies including ExpressVPN, CyberGhost, Private Internet Access and ZenMate.
He has made several donations to the Israeli military, including since the genocide in Gaza began in October 2023.
Novara reported that in November 2023, when Israel had already killed over 15,000 people in Gaza, Sagi donated 1 million shekels ($340,000) towards taxi rides for Israeli troops from the front lines back to their homes while on leave.
Prior to that, Sagi donated more than $3m to an Israeli defence ministry scheme which provided discharged soldiers with scholarships.
He also offered jobs to Israeli troops in his companies during a gala in 2019.
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The Israeli billionaire was named in the 2021 Pandora Papers, in which he was linked to at least 60 companies headquartered in tax havens.
In 1996, Sagi served five months in an Israeli jail after being convicted of fraud and bribery.
Winvia Entertainment was approached by Novara Media for comment.
A UN commission of inquiry report released this week found that Israel had committed genocide in Gaza due to the deliberate targeting of Palestinian children.
Israeli forces have killed over 20,000 children and injured 44,000 more since 7 October 2023, Srinivasan Muralidhar, chair of the commission, told reporters during a press conference.
“Even after the October 2025 ceasefire, children continue to be killed and seriously injured, with continued disregard by Israel for the ceasefire and for the protection owed to Palestinian children under international law,” he said.
In total, Israeli forces have killed over 73,000 people and wounded more than 170,000 others since the genocide began.
Israel's genocide in Gaza
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