Fans of singer Bruno Mars were left biting their nails after reports claimed that the star worked up a multi-million gambling debt. News reports alleged that the 38-year-old Grammy-winning star had amassed a staggering $50 million debt through gambling activities at the Las Vegas casino where he signed a multi-year residency deal back in 2016.
Now, MGM Resorts International has stepped forward to address the rumours and dispel any misconceptions surrounding Mars's financial status. In a statement, the company categorically denied any assertions of Bruno Mars owing them $50 million. The casino emphasized their pride in their longstanding partnership with Mars, and clarified that any speculation regarding his supposed debt is entirely false.
“Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests," read the chain's official statement.
According to insiders cited by News Nation, Bruno's lucrative deal with MGM left him earning $90 million annually, however, after taxes, he allegedly only takes home approximately $1.5 million per show. This led to suggestions that the casino essentially held considerable leverage over the singer.
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