Arkansas Lottery

Arkansas Scholarship Lottery revenue decline blamed on rising fuel prices

A rise in the price of fuel has contributed to the Arkansas Scholarship Lottery recording a reduced revenue of $48.1m in May, according to...
Loto-Québec

Loto-Québec & Scientific Games win Gutenberg sustainability award for Plant Madness collaboration

Scientific Games and Loto-Québec have been awarded a Gutenberg Award in honour of their collaboration on the Folie des plantes (Plant Madness) game. Honoured at...
SBC has announced the details of its SBC Summit Barcelona 2022 conference and exhibition, scheduled for 20-22 September at Fira de Barcelona Montjuïc.

SBC to turn Barcelona into the centre of the international betting and gaming industry

SBC has announced the details of its biggest ever conference and exhibition, SBC Summit Barcelona 2022. The event with the unrivalled speaker line-up, scheduled...
Allwyn

Allwyn enjoys significant GGR growth in ‘strong’ Q1 2022

Allwyn has declared a “strong” first three months of the trading year despite “weaker general consumer sentiment”. Publishing its financial report for the period ending...
Aspire Global

Aspire Global applies for NASDAQ delisting as NeoGames nears full takeover

NeoGames is closing in on its takeover of Aspire Global after the latter applied for the delisting of its shares from the Nasdaq First...
The legendary American sports betting enthusiast and Gallery Furniture owner Jim McIngvale, better known as 'Mattress Mack,' will be among the speakers at July's SBC Summit North America conference and tradeshow in New Jersey. Mack will sit with ESPN’s David Purdum in a special keynote session to discuss the economics and science behind his sports betting strategies. The Houston furniture mogul has made multiple headlines by placing multimillion-dollar wagers on the Super Bowl and other major sporting events and using the bets as a promotional tool for his business. The entrepreneur also holds the record for what's believed to be the largest legal sports bet in history for placing $5 million on the Cincinnati Bengals to beat the Los Angeles Rams in the Super Bowl earlier this year. McIngvale's strategy involves placing an enormous bet on one team and offering the customers who made purchases from his stores during the promotion period a full refund if his bet wins. The best part about Mattress Mack's strategy is that losing a bet is not the worst-case scenario. A loss means he does not have to refund his customers, who typically spend millions of dollars during the promotion period at his Gallery Furniture stores. In this way, even though Mattress Mack had lost the combined $9.5 million he bet on the Bengals to win Super Bowl LVI, he still made a profit as he sold $20 million worth of furniture during the promotion period that he did not have to give back to his customers. The widely-publicized sports betting punter, who has learned how to make a profit by placing a losing bet, will also share his perspective on what the modern gambling industry can do to better serve the bettor. Sue Schneider, VP of Growth and Strategy at SBC, said: "We are thrilled to have the legendary Mattress Mack as a speaker at SBC Summit North America 2022. The industry needs to hear more about what they can do to improve the experience of their bettors. I cannot imagine a more suitable person to share some thoughts on this topic. Mack's multi-million dollar bets have made history, and our audience will definitely find his story and innovative business approach fascinating." McIngvale commented on his participation as a speaker: "This event is a great opportunity to chat with all the big guys providing sports betting in the U.S. The country has made massive progress by legalizing online sports betting in several states, but there is still a long way to go." "Gambling is only one of my faults. But I have made this work for me, my business, and the millions of happy Gallery Furniture customers. I am happy to share my experience and offer advice on what the industry can do to become better," he added. Asked what he was looking forward to at the Summit, Mack joked: "I hope to meet folks who will increase my limits so I can keep betting with both hands." SBC Summit North America 2022, the leading sports betting and igaming conference and tradeshow, takes place at Meadowlands Exposition Center, New Jersey, July 12-14. You can access the full conference agenda and purchase your ticket at the SBC Summit North America official website.

America’s most highly-publicized bettor ‘Mattress Mack’ to share his experience and insights on the...

The legendary American sports betting enthusiast and Gallery Furniture owner Jim McIngvale, better known as 'Mattress Mack,' will be among the speakers at July's...
Skilrock Technologies

Skilrock sets sights on LATAM push at PGS 2022

Lottery technology solution provider Skilrock Technologies has announced its intention to establish itself further in the LATAM market with an appearance at the upcoming...
Michigan Lottery, Pollard Banknote

Michigan Lottery & Pollard Banknote launch new PAC-MAN game

The Michigan Lottery and Pollard Banknote have renewed their partnership with the release of a new omni-channel PAC-MAN programme. For the first time in the...
Jumbo Interactive

Jumbo Interactive sets sights on becoming digital lottery’s leader

Jumbo Interactive’s inaugural investor forum on Wednesday saw the Australian firm set out its ambition to become the leading specialists in the digital lottery...
Super Bowl winner Amani Toomer and former NY Knicks star Charles Oakley will be among the speakers as senior executives from the gambling industry gather in New York for the Player Protection Symposium on July 12

Player Protection Symposium set to educate industry professionals on the best responsible gambling practices...

Super Bowl winner Amani Toomer and former NY Knicks star Charles Oakley will be among the speakers as senior executives from the gambling industry...

Latest News