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Bruno Mars does not have a $50 million gambling debt with MGM Resorts, the organization announced Monday.
An MGM Resorts International said TMZ Monday that the 38-year-old Grammy-winning artist “doesn’t have a $50 million gambling tab with them.”
This statement follows a News Nation article titled “Bruno Mars must eliminate slot machines: source” who provided details of his alleged financial problems with the casino.
The casino representative said: “We are proud of our relationship with Bruno Mars, one of the most exciting and dynamic artists in the world.
“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 world.”
Bruno Mars does not have a $50 million gambling debt with MGM Resorts, the organization announced Monday. Pictured performing at the 2021 Grammys
According to the casino representative, “the partnership between MGM and Bruno is long-standing and rooted in mutual respect.
“Any speculation to the contrary is completely false; he owes no debt to MGM. Together, we are excited to continue creating unforgettable experiences for our guests.
The Honolulu, Hawaii-born artist, who has an upcoming residency in MGM Las Vegas Park starting in June, was the focus of a report Thursday by NewsNation on the alleged financial problem.
A Las Vegas-based source told the Locked Out of Heaven singer’s outlet, “He owes MGM (gambling) millions” and that “his debts have reached $50 million.”
The source summed up the situation regarding Mars: MGM “basically owns it.”
The When I Was Your Man crooner “makes $90 million a year from the deal he made with the casino, but then he has to pay off his debt…after taxes,” the source told NewsNation.
The source estimated that “Mars makes $1.5 million per night” from a long-term deal he signed with the organization in 2016.
NewsNation reported that MGM had “doubled down on Mars” with a lounge at the Bellagio hotel-casino titled The little finger ring.
A member of MGM Resorts International told TMZ on Monday that the 38-year-old Grammy-winning artist “doesn’t have a $50 million gambling tab with them.”
According to the casino representative, “the partnership between MGM and Bruno is long-standing and rooted in mutual respect. Photographed in Los Angeles in 2017
A description of the venue called it a hip and contemporary landing spot for those looking for a fast-paced time in Sin City.
“Feel the magic in its alluring party ambiance, with a collection of premium cocktails and live shows hosted by some of today’s most talented musicians and DJs,” reads the description.
He continues: “Inspired by the iconic glamor of Vegas with the magnetic energy of a modern luxury lounge: one sip and you know it’s going to be the night of all nights.”