Bruno Mars Owes $50 Million Due to Gambling

The famous singer Bruno Mars was reportedly in debt millions of dollars after gambling at a Las Vegas casino.

On March 16, music fans worldwide were stunned when NewsNation reported that Bruno Mars owed the MGM casino in Las Vegas a staggering $50 million due to gambling. NewsNation also mentioned that Mars had signed a nine-year performance contract at the MGM casino and resort to repay the debt.

MGM Las Vegas, one of the top entertainment venues in the city, is renowned for its sports betting events and poker games., regularly hosting major artists for performances. According to RadarOnline, Mars earns $90 million a year through his contract with MGM. However, due to his gambling habits, the singer reportedly spent up to $1.5 million per night at the casino.

This revelation did not surprise the public, as Mars had previously discussed his gambling activities in an interview with GQ magazine in 2013, saying he started gambling at the age of 19. Back then, he was not yet famous and frequently visited Commerce Casino in Los Angeles. Bruno Mars has openly referred to himself as a “professional gambler” in the past, even expressing pride in his “talent” for it.

In a 2016 episode of The Late Late Show with James Corden, Bruno Mars also mentioned that he was able to pay his rent while living in Los Angeles simply by gambling for a short period.

The news of Bruno Mars owing $50 million spread widely on social media, with his image shifting overnight to that of a heavily indebted singer due to gambling addiction.

However, the following morning, representatives from the casino came forward to clear Bruno Mars’s name. The casino stated that he did not owe MGM anything and that the circulating information was false.

According to Variety, a representative from the casino clarified that MGM is proud of its longstanding partnership with Bruno Mars, emphasizing that it is a collaboration rather than a debt-driven ownership as many reports suggested. Mars has been instrumental in attracting tourists from around the world to MGM’s casino and resort, generating significant profits for the establishment.