Tim White

Big Bet….goes bad
Big Bet….goes bad

Jim “Mattress Mack” McIngvale, the CEO of Houston-based Gallery Furniture, lost $7 million on a promotion that promised to give customers who shopped at his stores their money back if the Seattle Seahawks won Sunday.

But the self-described gambler, whose stores have been in business for 32 years, says he’s thrilled: “We already have people sending us videos of them jumping up and down celebrating, so I have no doubt that what we will lose is already worth it to our business.”

Gallery Furniture will provide full refunds to anyone who spent $6,000 or more at the store in the two weeks leading up to the Super Bowl.

News: Recent Headlines

in Entertainment

This weekend in entertainment history

janetjustin

A look back at some of the biggest headlines to ever come out of Hollywood.

in Entertainment

It’s a dog-eat-dog world at the 2015 Puppy Bowl

17-overlay3

It's Ruff versus Tuff in the 11th annual football game of puppy power!

in Entertainment

Nickelodeon latest to offer streaming service

nickelodeon

Good news for "SpongeBob SquarePants" fans.

in Lifestyle

Forget wings and queso, veggies are most popular big game food

veggietray

While the gladiators of the NFL are clashing in Phoenix, the titans of food will be fighting for supremacy at spreads across the country.

in Entertainment

Jeff Bridges hopes his new album puts fans to sleep

jeffbridges

"The Big Lebowski" star has released "Sleeping Tapes," a project full of spoken word pieces and meditation mantras.