Bruno Mars may be a safe bet on stage but a bad bet on the gambling tables during his Las Vegas residency, as multiple sources reported over the weekend that the award-winning singer/songwriter allegedly owes millions to the MGM Grand casino in gambling debts.
On Thursday (March 14), News Nation reported that a Las Vegas insider said Mars owes $50 million to the MGM casino from gambling. “(MGM) basically own him,” said insider.
The 38-year-old 12-time Grammy award winner previously declared himself a professional poker player. It is alleged that the megastar is working his debt off, literally, performing nightly.
The insider added, “He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt… after taxes (Mars makes $1.5 million per night).”
Bruno Mars signed a long-term contract with the MGM in 2016. The deal is he’ll perform at various MGM Resorts venues, like Park Theater at Monte Carlo in Las Vegas and The Theater at MGM National Harbor in Maryland.
Silk Sonic, consisting of Bruno Mars and Anderson Paak, started their Las Vegas residency at Dolby Live in February 2022, called An Evening with Silk Sonic. The insider alluded to the pair feuding over money, but no reports have emerged concerning it. The Pinky Ring by Bruno Mars is a new cocktail lounge in Bellagio Hotel and Casino launched by the entertainer.
Mars nor the MGM have commented on the news at this time.