MGM shuts down rumors of Bruno Mars being in debt with casino
MGM Resorts has denied all claims that singer-songwriter Bruno Mars is in debt with the global hospitality and entertainment company's casino.
On March 14, a report from News Nation alleged that the 24K Magic singer has racked up debts of about $50 million (~P2.7 billion) in gambling. "(MGM) basically [owns] him," a Vegas insider told the news site.
The insider further claimed that the artist makes $90 million (~P5.02 billion) from his concert residency but then has to pay back his gambling bill after taxes.
A spokesperson for MGM Resorts set the record straight saying that the allegations are "completely false."
"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," the company wrote in a statement.
"MGM and Bruno's partnership is longstanding and rooted in mutual respect. Any speculation otherwise is completely false; he has no debt with MGM," it read.
Since 2016, Bruno has been a concert resident at MGM Resorts, and in 2024, launched a cocktail lounge named The Pinky Ring on the Las Vegas Strip with the company.
The Versace on the Floor singer previously opened up about his history with Gambling and how he paid his rent after moving to Los Angeles by playing cards.
In 2013, he also talked about his first casino visit when he was 19 with GQ, sharing that he lost a hundred dollars. "You gotta lose,' she said. You just have to lose to win, to understand."