Bruno Mars allegedly owes $50 million in gambling debts to MGM Casino.
In 2016, the singer unveiled a multi-year residency deal with MGM Resorts International, showcasing his talents at the Park MGM Resort in Las Vegas. Nonetheless, it appears that the bond between the 38-year-old artist and MGM may have soured, as reports suggest his extensive gambling at the poker tables in Las Vegas has resulted in substantial debts.
“[MGM] basically own him. He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt,” a Las Vegas insider said.
As part of Mars’ agreement with MGM, it’s been said that he was set to establish The Pinky Ring, a cocktail lounge situated within the Bellagio Resort. Additionally, according to NewsNation, there’s reportedly another project underway.
Mars has previously discussed his fondness for gambling in various media interviews. Reflecting on his pre-fame days, Mars shared with GQ in a 2013 interview about his earlier gambling experiences, often visiting the Commerce Casino in Los Angeles.
“I used to be like a loudmouth. You know the guy, people would want to take his money. If you do get them to lose, they’re out for you, they’re gunning for you,” Mars said. “And that’s when they’re weak. And that’s when you jump or pounce on them.”
Additionally, Mars also spoke on his initial casino experience, recounting his first visit at the age of 19.
“I remember my first bet, my hand was shaking, and a guy called me out on it and embarrassed me,” the singer added. “You gotta lose. You just have to lose to win, to understand.”
