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 Music

Chris Brown donating album proceeds to charity


The singer is giving a children's hospital a big boost by donating proceeds from his new album "Royalty" to the organization.

in Music

Adele’s ’25’ continues to smash records


British singer Adele's new album sold a record 3.38 million U.S. copies in its first full week, Nielsen Music said, becoming the biggest-selling album of 2015 in an astonishing feat for an era when artists rarely top 1 million.

in Lifestyle

Lords-a-leaping! The ’12 Days of Christmas’ items top $34K


Talk about a Black Friday to break the bank!

in Entertainment

Ice-T and Coco welcome daughter Chanel Nicole


Rapper and "Law & Order" star Ice-T and wife Nicole 'Coco' Austin welcomed their first child together on Saturday.

in Lifestyle

Cyber Monday is here!


Black Friday shopping is shifting from hours spent in line to more time online.