Bruno Mars Allegedly Has a $50M Gambling Debt at MGM Resorts

Article by : Erik Gibbs Mar 18, 2024

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Since 2016, musician Bruno Mars has been a fixture in the Las Vegas entertainment scene, delighting audiences with his performances as part of a multi-year collaboration with MGM Resorts. During this highly praised residency, he has purportedly accumulated a staggering $50 million gambling debt.

Despite his musical success, Mars is no stranger to the world of gambling. It’s a hobby that has reportedly led him into substantial debt with the very company that has been hosting his shows.

Various media sources reported that Mars’ losses at the tables have been significant, surpassing his earnings from his performances and resulting in a debt that continues to grow.

Despite his lucrative $90 million annual deal with the casino, Mars appears to be struggling to settle his sizable gambling debts.

Mars’ passion for gambling dates back to his teenage years, a fact he has openly discussed in the past.

Reflecting on his early days at the card table, Mars recounted the thrill of outplaying opponents who underestimated him. He vividly recalled his nervous first steps into a casino at the age of 19, admitting to feeling the pressure of the moment.

Despite his gambling adventures, Mars has maintained a successful music career, highlighted by his ongoing residency at Park MGM since 2016. Recently extended through 2024, his performances continue to draw acclaim and sell-out crowds, starkly contrasting his tumultuous relationship with the casino floor.

Initially scheduled to conclude last August, Bruno Mars has continuously extended his residency in Sin City, sparking speculation about the reasons behind the decision, including the rumored debt owed to MGM.

Throughout his residency, Mars has dazzled audiences with 100 shows to date, including 48 performances in 2022, when he joined forces with Anderson Paak. Together, they are part of the dynamic duo Silk Sonic.

Drawing crowds of over 120,000 attendees, Mars’ residency has proven to be a massive success, generating an impressive $53 million in revenue and securing its place as the highest-grossing concert residency hosted by MGM.

Beyond showcasing his chart-topping hits, Mars treats audiences to captivating renditions of classics by legendary artists such as Stevie Wonder, the Beatles and Gwen Stefani, often taking song requests from fans to create an unforgettable experience.