Mattress Store Loses $7M on Super Bowl Bet

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  • HOUSTON (AP) — Mattress Mack is a big Super Bowl loser.

    Houston furniture store mogul Jim McIngvale is out some $7 million on the big game.

    He owns the Gallery Furniture store chain. Mattress Mack promised to refund large purchases made in the two weeks before the Super Bowl if Seattle won.

    Of course, Seattle won big, beating Denver 43-8.

    McIngvale says his accountant is “pulling his hair out.” Mattress Mack adds the loss won’t be covered by insurance.

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