Stake will expand its presence in regulated European markets, having agreed to acquire the Danish-licensed operator MocinoPlay.
The deal will see Stake take control of VinderCasino, the fast-growing Danish online gambling challenger brand of MocinoPlay.
Brais Pena, Chief Strategy Officer at Easygo, the technology powerhouse behind Stake, said: “This acquisition will give us access to another high-value, regulated market with exciting growth opportunities.
“The team behind MocinoPlay has done an impressive job of growing the VinderCasino brand in the Danish market, and we look forward to integrating Stake’s winning formula to supercharge this growth and reach even more Danish players.”
The sale of MocinoPlay and its subsidiary is subject to regulatory approvals authorised by Spillemyndigheden, the Gambling Authority of Denmark.
The M&A underlines Stake’s long-term strategy for “sustainable growth in regulated markets, with the goal of becoming the world’s biggest casino and entertainment brand.”
In 2024, Stake entered the Italian online gambling market by acquiring the heritage sportsbook IdealBet from Baldo Line SRL.
Further M&A deals saw Stake acquire ‘Betfair Colombia’ from Flutter Entertainment and secure a Bets licence for launch in Brazil’s newly regulated online gambling market.
Peter Eugen Clausen, CEO of MocinoPlay, said: “Easygo is setting new standards in the gambling industry, and we are thrilled to be part of this journey.
“The combination of our team’s local expertise and Stake’s exceptional product and brand creates a winning formula. We look forward to introducing Stake to the Danes.”