Winvia Entertainment is planning to go public with an initial public offering on AIM, the growth market of the London Stock Exchange.
Winvia Entertainment is majority owned by Playtech founder Teddy Sagi and operates prize draws and competition websites such as BOTB.com in the United Kingdom and in the regulated Romanian online gaming market via brands such as Princess Casino, Royal Slots and Luck.
The operator’s preparations for admission to AIM are at an advanced stage and the company expects admission to occur during the first week of November.
Winvia is aiming to raise approximately £40 million gross through a placing of new ordinary shares.
“Announcing our intention to float on AIM marks an exciting milestone for Winvia Entertainment,” said Winvia CEO Mihai Manoila. “Since inception, we have built two successful, well-established units, UK Prize Draw and Romanian Online Gaming, that have in turn resulted in Winvia Entertainment being a highly profitable, fast-growing and cash-generative business with a track record of successful M&A.
“Underpinning this is our well-invested proprietary technology platform, which we believe is a key differentiator in our space. It has been built in-house, with high levels of customisation which allow faster execution and delivery of new products and deeper integration with third-party systems.
“This platform has enabled us to significantly improve the key performance metrics of businesses that we have acquired,” Manoila added. “An IPO would allow us to accelerate our growth strategy, specifically on the UK Prize Draw business, where we see significant opportunities, both organic and inorganic, in a fragmented and fast-growing market where we can implement our technology platform.”
Winvia Entertainment’s reported revenue was approximately £93 million for the first half of 2025 with an Adjusted EBITDA of £16 million.