Bruno Mars Owes $50M Playing Debt to MGM Resorts — Unconfirmed Report

Posted on: March 16, 2024, 09:23h. 

Final up to date on: March 17, 2024, 10:11h.

There could also be an ulterior motive to all of the offers Bruno Mars indicators with MGM Resorts. NewsNation has quoted an unnamed supply claiming that Mars owes “tens of millions to the MGM” in playing debt.

A mock-up of $100 invoice promotes Bruno Mars’ 2017 “24K World Tour.” (Picture: X/Twitter/brunomarsspain)

A second unnamed supply instructed the TV information community that his debt has risen as excessive as $50 million.

Pinky Ring, Meet Pawn Stars

“(MGM) principally personal him,” one of many two alleged insiders stated. “He makes $90 million a 12 months off the deal he did with the on line casino, however then he has to pay again his debt.” And that’s after taxes, the insider defined, which immediately transforms $90 million a 12 months into $60 million.

NewsNation is a cable TV community owned by the Nexstar Media Group, the most important proprietor of TV stations within the US. The article about Mars’ playing debt was penned by Paula Froelich, a revered former reporter for the New York Publish’s “Web page Six” gossip column.

The “24K Magic” singer has turn out to be a staple in Strip leisure due to his MGM Resorts residencies. They embody his solo run on the Park MGM resort and one other as one half of Silk Sonic.

A part of Mars’ multimillion-dollar MGM contract reportedly included the creation of The Pinky Ring, a cocktail lounge and efficiency house contained in the Bellagio. (NewsNation reported that one other venture is within the works as effectively.)

Nevertheless, can all this collaborating with one on line casino firm merely be about making good on an excellent on line casino steadiness?

Mars performs poker in an unidentified on line casino in an undated picture posted to X/Twitter. (Picture: X/Twitter)

Not A lot Proof

Mars, born Peter Hernandez 38 years in the past, has by no means publicly been linked with drawback playing earlier than — although he was arrested within the rest room of the Arduous Rock & On line casino for possessing 2.6 grams of cocaine again in 2010.

In a 2013 interview with GQ, Mars recalled his first playing expertise. He didn’t say the place, simply that he was solely 19.

“I bear in mind my first guess, my hand was shaking, and a man referred to as me out on it and embarrassed me,” he stated, admitting he misplaced 100 {dollars} he couldn’t afford to lose. “You gotta lose. You simply should lose to win, to know.”

Throughout his “Carpool Karaoke” section  for “The Late Late Present with James Corden” in 2016, Mars stated he paid lease in LA by enjoying poker “for a short while.”

On line emailed MGM Resorts for a remark however didn’t obtain a reply in time for this story.

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