Stake Denmark chief Peter Eugen Clausen to step down

Peter Eugen Clausen is exiting his post as managing director of Stake's Danish business, according to EGR.

Clausen moved into the role after Stake bought VinderCasino, the licensed Danish operator he had led as chief executive, in January 2025. He formally became MD of Stake's Denmark division in August that year, meaning his departure comes roughly 14 months into the job.

Under his leadership, Stake brought its Stake.dk platform into Denmark's regulated market in February, having obtained a five-year licence from the Danish Gambling Authority. The launch sat alongside a broader strategy of pushing into licensed markets, with Stake also expanding into Italy, Brazil, Colombia, Mexico and Argentina.

Stake was named last week among 11 operators permitted to seek an online casino licence in New Zealand, ahead of the country's planned move to a regulated betting and gaming framework next year.

Before his time at Stake, Clausen built the fantasy football platform SuperFantasy, chairing its board between 2024 and 2025. Earlier still, between 2006 and 2017, he founded a string of gambling businesses, among them Solid Entertainment, Dansk Underholdning Limited and PetersCasino.com, all of which were later bought by evoke, the parent company of William Hill.

Announcing the move on LinkedIn, Clausen described building VinderCasino, agreeing its sale to Stake, clearing the regulatory hurdles and then steering the Danish launch as a chapter that had now closed. He called the Danish rollout "one of the most successful launches Denmark has ever seen" and said he was "particularly proud" of the achievement.

He also reflected on running a locally regulated business inside a global operator headquartered abroad, saying the experience of balancing central direction with local market knowledge had been "both challenging and insightful".

On what comes next, Clausen wrote that he remained driven by "building businesses, launching new ventures and exploring opportunities in new markets" and said he was "excited to see what the next chapter brings".

His exit comes as Denmark's regulatory environment faces fresh scrutiny. Earlier in October, lawmakers reintroduced a bill that would impose a whistle-to-whistle ban on gambling advertising during live sport and bar operators from offering welcome bonuses and free bets.

Writing for EGR, Morten Ronde, managing partner at Nordic Legal and founder of the Danish trade body Spillebranchen, said it remains unclear what effect the proposed restrictions would have on gambling-related harm, consumer behaviour and channelisation into the licensed market.