Houston Mattress Magnate Loses Millions on Astros World Series Defeat

Houston Mattress Magnate Loses Millions on Astros World Series Defeat

Houston Mattress Magnate br Loses Millions on Astros br World Series Defeat.br Betting tickets on the fall classic have led to big losses for br Jim "Mattress Mack" McIngvale.br The 68-year-old tells 'USA Today' that he may lose br up to $14 million after the Astros fell in Game 7.br The bets made by McIngvale were up against br a refund special he offered to customers br if the Astros had won.br The refunds in the promotion would have been worth up to $3,000.br McIngvale is the owner of br retail chain Gallery Furniture.br The businessman is a well-known fixture in the Houston community.br During recent floods that struck br the city, he opened his stores to br provide shelter and food.br McIngvale adds to 'USA Today' br that he has no regrets over br the betting losses.br It just lets (Houston) know that I’m on their side and on the Astros side. I’m part of the community.


User: Wibbitz Top Stories

Views: 445

Uploaded: 2019-10-31

Duration: 01:21

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