Bruno Mars Has ‘No Debt’ To MGM, Hospitality Giant Says Amid Reports That He Owed $50 Million In Gambling Debt

Bruno Mars

Bruno Mars Has ‘No Debt’ To MGM, Hospitality Giant Says Amid Reports That He Owed $50 Million In Gambling Debt

Update (March 19): Bruno Mars is not in debt to MGM Resorts International to the tune of $50 million, the entertainment company said in a new statement released Monday (March 18). It began, per multiple reports,s

“We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers. From his shows at Dolby Live at Park MGM to the new Pinky Ring lounge at Bellagio, Bruno’s brand of entertainment attracts visitors from around the globe.”

MGM continued,

“MGM and Bruno’s partnership is longstanding and rooted in mutual respect. Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests.”

Original Story (March 17): Bruno Mars may need to shy away from the gambling tables.

The Grenade singer, who announced his multi-year residency with MGM Resorts International in 2016 in Las Vegas, allegedly owes a staggering gambling debt as high as $50 million to MGM Casino, according to News Nation.

A Vegas insider told the outlet,

“[MGM] basically own him. He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt.”

They also claim that Bruno Mars only makes $1.5 million per night after taxes. 

And the 24k Magic singer is no stranger to gambling. He previously talked about going to Commerce Casino in Los Angeles often before he rose to fame in 2010. He shared memories of his first casino visit at the age of 19 during an interview with GQ in 2013.

“I used to be like a loudmouth. You know the guy, people would want to take his money. If you do get them to lose, they’re out for you, they’re gunning for you. And that’s when they’re weak. And that’s when you jump or pounce on them.”

Bruno Mars

Bruno Mars added,

“I remember my first bet, my hand was shaking. A guy called me out on it and embarrassed me.”

According to GQ, the Hawaii native reportedly lost a hundred dollars, an amount he couldn’t spare and shouldn’t have been gambling with at the time.

Bruno Mars

The 38-year-old declared, 

“You gotta lose. You just have to lose to win, to understand.”

In 2016, the president of MGM Resorts International claimed that Mars is

“among the most talented performers in the world, and we are excited to start a long-term relationship with him across our industry-leading portfolio of entertainment venues.” 

Bruno Mars

The Treasure singer’s partnership with the hospitality giant reportedly offers perks like free accommodation while under contract. MGM is still invested in Mars by launching “The Pinky Ring” lounge at the Bellagio Resort during the 2024 Super Bowl, with rumors of another collaboration with the entertainer underway.

Are you surprised by Bruno Mars’s alleged gambling debt? In the comments below, tell us why or why not.

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