Johns labeled Mattress Mack as “the most famous gambler in America.” Louisiana Gaming Commission (LGC) chairman Ronnie Johns welcomed the presence of Mattress Mack at the grand opening, saying that it will help to increase business at casinos in the state. Referring to the opening of the Horseshoe Casino, Mattress Mack said that the people in Louisiana offer great hospitality, as do the casinos. McIngvale said that he likes Caesars for placing sports bets because they take big bets, unlike many other casinos. Speaking about the wager, the Houston-based businessman said: “It’s a risky bet, but no guts, no glory.” He likes Caesars for placing sports bets because they take big bets
The over-the-counter bet through the Caesars Sportsbook was on the Houston Cougars to win the NCAA men’s basketball tournament (March Madness) at odds of 8-1. Successful businessman and high-stakes sports bettor Jim “Mattress Mack” McIngvale placed a $1m bet at the opening of the newly renovated Horseshoe Casino in Lake Charles, Louisiana.