Bruno Mars Reportedly Faces Massive Gambling Debt with MGM Resorts in Las Vegas

Bruno Mars, the acclaimed singer-songwriter, is reportedly in a financial predicament due to a substantial gambling debt owed to MGM Resorts International in Las Vegas. The Grammy-winning artist inked a lucrative residency deal with the hospitality giant back in 2016, entailing performances at MGM’s Park MGM resort.

Sources close to the situation disclosed to NewsNation that Mars’s gambling habits have led to debts amounting to millions, with some estimates reaching as high as $50 million. According to insiders, Mars’s earnings from the deal with MGM stand at $90 million annually; however, a significant portion of this sum reportedly goes towards repaying his gambling obligations, leaving the musician with approximately $1.5 million per night post-tax.

Part of Mars’s agreement with MGM included the establishment of a swanky cocktail lounge known as OTR by Bruno Mars at the renowned Bellagio Resort in Las Vegas. Furthermore, there are purported plans for additional ventures in collaboration with the premier casino.

Recalling his early gambling days before attaining stardom, Mars reminisced in a 2013 interview about his experiences frequenting the Commerce Casino in Los Angeles. The singer shared anecdotes about his nerve-wracking initial forays into gambling, highlighting the educational value he found in both victories and defeats at the table.

In a candid moment during an appearance on the Late Late Show with James Corden in 2016, Mars hinted at his past reliance on poker to make ends meet, prior to achieving breakout success in the music industry. The revelation sheds light on the star’s affinity for gaming, a passion that seems to have presented financial challenges in recent times.