Australia  

Houston Mattress Magnate Loses Millions on Astros World Series Defeat

Video Credit: Wibbitz Top Stories - Duration: 01:21s - Published
Houston Mattress Magnate Loses Millions on Astros World Series Defeat

Houston Mattress Magnate Loses Millions on Astros World Series Defeat

Houston Mattress Magnate Loses Millions on Astros World Series Defeat.

Betting tickets on the fall classic have led to big losses for Jim "Mattress Mack" McIngvale.

The 68-year-old tells 'USA Today' that he may lose up to $14 million after the Astros fell in Game 7.

The bets made by McIngvale were up against a refund special he offered to customers if the Astros had won.

The refunds in the promotion would have been worth up to $3,000.

McIngvale is the owner of retail chain Gallery Furniture.

The businessman is a well-known fixture in the Houston community.

During recent floods that struck the city, he opened his stores to provide shelter and food.

McIngvale adds to 'USA Today' that he has no regrets over the betting losses.

It just lets (Houston) know that Iโ€™m on their side and on the Astros side.

Iโ€™m part of the community.

Whatever I can do to support this community thatโ€™s done so much for us for the past 40 years, Jim "Mattress Mack" McIngvale, via 'USA Today'


You Might Like


Related videos from verified sources

Bus driver goes Nats as Washington win the World Series [Video]

Bus driver goes Nats as Washington win the World Series

Eyewitness footage of bus driver celebrating with members of the public after Washington Nationals win the World Series. Video credit: TWITTER/@VICCI82

Credit: Reuters - Sports     Duration: 00:20Published
Nationals beat long odds to win World Series [Video]

Nationals beat long odds to win World Series

The Washington Nationals stunned the Houston Astros 6-2 in a winner-take-all Game Seven on Wednesday to secure their maiden Major League Baseball World Series title in a Fall Classic unlike any other...

Credit: Reuters Studio     Duration: 01:06Published
You Win Some, You Lose Some: Astros Fall to Nationals: What This Game's Outcome Meant for History-Ma [Video]

You Win Some, You Lose Some: Astros Fall to Nationals: What This Game's Outcome Meant for History-Ma

You Win Some, You Lose Some: Astros Fall to Nationals: What This Game's Outcome Meant for History-Making Sports Bet in Mississippi

Credit: WXXVPublished