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

Facebook has an heiress

Fresh
facebook

Mark Zuckerberg and his wife, Priscilla Chan, are expecting their first child.

in Entertainment

TV: What’s new on Netflix, Amazon & Hulu

Fresh
netflix

August is shaping up to be a good month for streaming some hit movies and the TV series you've been meaning to check out.

in Entertainment

REVIEW: Strong cast helps ‘Rogue Nation’ create a blast of entertainment

20-overlay10

In the latest installment of the "Mission: Impossible" franchise, Tom Cruise may have finally found a marriage that will work.

in Music

Mariah Carey makes directorial debut

mariahcarey

The "Hero" hitmaker is stepping behind the camera to direct her upcoming Christmas TV movie.

in Entertainment

‘Star Trek,’ ‘Superman’ costumes up for auction

nimoy2

Costumes worn by late actors Leonard Nimoy and Christopher Reeves are going under the hammer.