MGM Addresses Rumors That Bruno Mars Has $50 Million Gambling Debt With Casino Giant

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By journalsofus.com


Bruno Mars is in no danger with MGM, according to the hospitality and casino giant.

In a statement provided to the Las Vegas Review-Journal on Monday, MGM Resorts dismissed rumors that the “24K Magic” singer had taken out a $50 million gambling loan, and that he had multiple business deals with MGM and its Las Vegas resorts. Was paying my balance through. Vegas Properties.

The company said claims that Mars was in danger for its millions of people were “completely false”, writing, “We are proud of our relationship with one of the world’s most thrilling and dynamic artists, Bruno Mars. Is.”

Celebrating his residency at Park MGM and the partnership on Bellagio’s new Pinky Ring cocktail lounge, the MGM statement said, “Bruno’s entertainment brand attracts visitors from around the world. MGM and Bruno’s partnership is long-standing and based on mutual respect.

Bruno Mars performs onstage at the 2022 Annual Grammy Awards held at the MGM Grand Garden Arena in Las Vegas.  MGM denied rumors that the singer was heavily indebted to the hospitality giant.

Bruno Mars performs onstage at the 2022 Annual Grammy Awards held at the MGM Grand Garden Arena in Las Vegas. MGM denied rumors that the singer was heavily indebted to the hospitality giant. Diversity via Getty Images

“Any speculation otherwise is completely false,” it continued. “He doesn’t owe MGM anything. Together, we are excited to continue creating unforgettable experiences for our guests.”

NewsNation was first to report the claims, citing an insider who said MGM “basically owns Mars.”

“He makes $90 million a year from the deal he made with the casino, but then he has to pay off his debts,” the source claimed. He reported that the singer earns approximately $1.5 million per show after taxes.

Mars has mentioned his fondness for card tables more than once over the years.

In an interview with GQ in 2013, he talked about nervously losing $100 in his first bet when he was just 19 years old.

“You have to lose,” he told the magazine. “You just have to lose to understand, to win.”

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