Tampa online course company buys Nevada gambling compliance firm

Vector Solutions, an online platform offering educational courses across a variety of industries, recently announced the acquisition of a Nevada-based company specializing in gambling compliance. Financial terms of the deal were not disclosed.

ArdentSky, founded in 2008, offers software products for gaming licensure, product compliance, shipping and vendor management to streamline operations of casinos and sports betting platforms. Its clients include DraftKings, Fan Duel and Bet MGM to name a few. 

The new merger, according to a statement, will strengthen the gaming arm of the company — Vector Solutions for Casinos. The company says the two companies will now be able to cover the full scope of the ‘gaming ecosystem’, including physical and online casinos, iGaming, lottery providers, gaming equipment and payment processors.

"This acquisition strengthens our ability to serve gaming customers of all sizes," says Jonathan Cherins, CEO of Vector Solutions in the statement. "By integrating ArdentSky's expertise in regulatory compliance with our industry-leading training and safety solutions, we are helping gaming businesses navigate complex regulatory landscapes while enhancing workforce readiness."

District Capital Partners advised Vector Solutions on the transaction. 

Vector Solutions was founded as RedVector in 1999. Headquartered in Tampa, the company says it serves 24,000 customers through four other offices around the country.