MGM Resorts Debunks Bruno Mars Owes $50M In Gambling Debt Rumor
Written by djfrosty on March 22, 2024
Source: Emma McIntyre / Getty
Last week, social media was buzzing after NewsNation “reported” that Pop/R&B sensation Bruno Mars had racked up more than $50 million in gambling debt at MGM casinos and that a large portion of that debt is being paid off with money Mars earned during his residency at Park MGM in Las Vegas.
After the news was reported, the interwebs were flooded with memes, gifs and everybody’s opinion on Mars’ apparent gambling addiction. Shannon Sharpe even started dishing about a story he heard about the “Talking to the Moon” singer losing nearly $2 million after a single night of gambling.
Well, it turns out that the Silk Sonic member may not be a victim of his own gambling impulses, but he might be a victim of bad journalism. According to MGM Resorts International, none of the rumors about Mars’ outstanding debt are true.
“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 said in a statement to People. “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.”
A source had claimed to NewsNation that MGM “basically owned” Mars after he allegedly racked up millions in gambling debt with the hospitality and entertainment company.The outlet also claimed that Mars made $90 million a year from his residencies at MGM, but the singer was using a large amount of that to pay the company back.“[He will] only make $1.5 million per night after taxes,” NewsNation claimed.