MGM Resorts Shuts Down Claims Bruno Mars Owes $50 Million in Gambling Debt
Mar. 15, 2025Bruno Mars in Los Angeles in November 2021.Photo:John Esparza via Getty Images
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John Esparza via Getty Images
MGM Resorts has denied claims thatBruno Marsowes the hospitality empire millions of dollars in gambling debt.
The company’s response comes afterNewsNation reportedlast week that Mars, 38, landed himself in gambling debt of over $50 million at MGM — a large portion of which is being paid off from the money made from the singer’s residency at Park MGM in Las Vegas, according to a source.
“MGM and Bruno’s partnership is longstanding and rooted in mutual respect. Any speculation otherwise is completely false; he has no debt with MGM,” the statement continued. “Together, we are excited to continue creating unforgettable experiences for our guests.”
Bruno Mars performs at the MGM Grand Garden Arena in Las Vegas.Kevin Mazur/Getty
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Kevin Mazur/Getty
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.
Bruno Mars in Las Vegas in May 2018.Kevin Mazur/BBMA18/WireImage
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Kevin Mazur/BBMA18/WireImage
Mars has a longstanding relationship with MGM. In 2016, the “24K Magic” singer launched his partnership with the company which led to his Park MGM residency and his Pinky Ring cocktail bar atBellagio Resort & Casino, which opened in early 2024.
The report of Mars’ gambling debt comes months after heannounced an extension to his Vegas residencyat Park MGM in December 2023.
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Mars was initially set to wrap up his residency last August before adding thefive additional shows in December 2023and five shows in February 2024.
PEOPLE has reached out to Mars’ representatives for comment.
source: people.com
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