Bruno Mars Faces $50 Million Debt Rumors, MGM Casino Clears the Air
Bruno Mars, one of the biggest names in the global music industry, has been surrounded by rumors of owing up to $50 million due to gambling addiction. But what’s the real story?
On March 16, music fans around the world were shocked when one newspaper reported that Bruno Mars allegedly owed the MGM casino in Las Vegas $50 million. The report sparked concern and confusion among his fans.
Additionally, a newspaper claimed that Bruno Mars signed a 9-year performance contract with the MGM casino to pay off this supposed debt. MGM is one of the largest casinos in Las Vegas, frequently hosting prominent artists. The outlet stated, “Essentially, MGM owns Bruno Mars.”
It was revealed that the MGM casino had a contract worth $90 million per year with Bruno Mars for regular performances, but much of this income would supposedly go toward paying off debts, taxes, and continued gambling.
Is Bruno Mars Really $50 Million in Debt Due to Gambling?
The rumors gained traction because they had some basis in reality. Bruno Mars has openly discussed his past as a gambler. In a 2013 interview with GQ, he revealed that he began gambling at the age of 19, before he became famous. He frequently visited the Commerce Casino in Los Angeles during those days.
Bruno Mars shared a story about how he used to gamble to make money to support his music career, which ultimately led him to achieve the fame he enjoys today.
The news of Bruno Mars’s alleged $50 million debt quickly became a hot topic across social media, with many outlets speculating that his successful image could suddenly crumble under the weight of gambling addiction.
However, on March 19, MGM representatives unexpectedly stepped in to clear Bruno Mars‘s name, stating that he did not owe the casino anything and that all information from the newspaper and other media sources was “completely false.”
The representatives emphasized that they take pride in their long-standing partnership with Bruno Mars, framing their relationship as mutually beneficial, contrary to claims that suggested: “MGM owns Bruno Mars due to debt.” The artist has attracted countless visitors from around the world to the MGM resort and casino, generating significant profits for the establishment.
