Vector Solutions acquires ArdentSky
Workforce training and technology provider Vector Solutions has acquired Nevada-based online gambling compliance firm ArdentSky to strengthen its position in the online gaming industry.
Since its inception in 2008, ArdentSky has been consulting with online operators such as DraftKings, FanDuel, and BetMGM, offering various gaming software products that cover gaming licensure, providing compliance services, and managing vendors and reports.
The deal arrives as global casino revenue is projected to reach US$43.3 billion by 2028 amid escalating regulatory complexity. Vector Solutions supports over 350 casinos with anti-money laundering training and workforce management tools.
Jonathan Cherins, Chief Executive of Vector Solutions, said, “This alliance of ArdentSky’s regulatory expertise with our training and safety platforms creates an unbeatable formula for gaming operators navigating today’s regulatory maze.”
Leo Oves, Chief Executive of ArdentSky, added, “Joining forces with Vector Solutions means delivering a seamless compliance solution that slashes operational friction and accelerates regulatory approvals.”
Private equity firm District Capital Partners guided Vector through the acquisition process.
Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more.
