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Jackpocket opened its Santa Barbara headquarters in 2021. (courtesy photo) Editor's Note: This story was updated on Feb. 22 to include an interview from Santa Barbara Venture Partners and add more context to the sale. Santa Barbara-based Jackpocket, a lottery courier software company, has reached an agreement to be purchased by DraftKings, one of the

Goldman Sachs writes that “voters in more than 80 nations and territories — representing more than half the world's population — are expected to head to the polls this year.” Richard Haass, the former president of the Council on Foreign Relations, and March 1 keynote at the Westmont College President’s Breakfast, and Timothy Garton Ash, professor

The Greater Conejo Valley Chamber of Commerce’s February Legislative Roundtable event will feature the City of Thousand Oaks Deputy City Manager Akbar Alikhan, who will speak on the vision for developing a new downtown in Thousand Oaks. Alikhan will be speaking during the chamber’s Feb. 27 event, which runs from 8 a.m to 9 a.m.

The Southeast Ventura County YMCA has launched its 2024 annual fundraising campaign, the nonprofit announced Feb. 14. Until March 15, the Y’s goal is to raise $200,000 so it can continue to offer its programs to all community members, regardless of an ability to pay, it said in a press release. This year’s annual fundraiser

The unexpected sale of lottery app Jackpocket to online gaming giant DraftKings — a cash and stock deal valued at $750 million — is a familiar story of Central Coast startup success. Jackpocket is a large niche business in a growing industry — ripe for a transaction along the same storyline that have enriched investors

The major stock market indexes continue to flirt with all-time highs, while earnings from Sonos and Deckers, two of the region’s flagship companies, have exceeded analyst forecasts. Goldman Sachs, a top bank, pushed its year-end estimate for the S&P 500 index to 5200, a sharp reversal from its prior negative bias, in just a month’s

John Witchel, founder of San Luis Obispo-based King Energy, says solar energy companies such as his are dependent on financial partners to thrive. King Energy recently found a new one. North Carolina-based ClearGen has committed more than $150 million to fund King’s ongoing projects in the growing solar industry. The collaboration, which spans nine states,

A MB&T employee helping out a student. (courtesy photo) By Atmika Iyer Special to the Business Times For 13 years, Montecito Bank & Trust — the oldest and largest community bank in the Santa Barbara and Ventura Counties — has held financial literacy programs that cater to adults and senior citizens. Recently, the bank also unveiled an

By Atmika Iyer Special to the Business Times A new housing plan is coming for UC Santa Barbara, but not fast enough. UCSB announced its plan to construct a new on-campus housing called the San Benito Housing Complex to provide an additional 2,000 beds to the university’s on-campus housing options. The announcement comes as the

The Santa Barbara Foundation has launched a resiliency fund aimed at improving the lives of the region’s Black residents. It is an effort that I’m going to support through our small family foundation in part because I had something to do with getting it started. The fund’s creation (find it at sbfoundation.org/black-resiliency-fund/) was the culmination