MGM Denies Bruno Mars’ $50 Million Gambling Debt Allegations, Shannon Sharpe’s Revelation Casts Doubt

Reports of Bruno Mars being in significant debt to MGM Resorts, owing tens of millions of dollars, have sparked widespread attention. However, the response from MGM has left many fans puzzled, especially after a shocking revelation by Shannon Sharpe that casts doubt on the hotel’s denial.

Bruno Mars, known for his hit songs and dynamic performances, has had a partnership with MGM Resorts since 2016. This partnership includes performances at various MGM properties, with Mars reportedly earning around $90 million annually from the deal. However, rumors surfaced that Mars is facing a debt of over $50 million to MGM, leaving fans stunned.

MGM denies report Bruno Mars has $50 MILLION in gambling debt with casino:

“Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests." pic.twitter.com/5oZiPOUYo8

— Pop Crave (@PopCrave) March 18, 2024

According to a purported Las Vegas insider, Bruno Mars’ lucrative deal with the casino requires him to pay back his debt after taxes, leaving him with around $1.5 million per night. Despite these allegations, Mars has continued his residency at Dolby Live at Park MGM, with shows scheduled through late summer.

In response to the rumors, MGM issued a statement denying any gambling debt owed by Mars. The company emphasized its pride in its relationship with Mars and dismissed speculation about his financial situation as completely false. MGM asserted that Mars has no debt with the company and expressed excitement about continuing to create unforgettable experiences for guests.

📰 Aside from the alleged gambling reports made by Complex, according to insiders, a part of Bruno Mars Mars’ MGM contract reportedly included the creation of The Pinky Ring, there are also reports that another 'casino project' is in the works as well. pic.twitter.com/gaw11HMIgD

— MARSCHIVES (@marschives) March 16, 2024

However, rumors of Bruno Mars’ alleged gambling addiction have persisted over the years, with some speculating that his song lyrics hint at his love for gambling. Despite these rumors, Mars’ upcoming shows with Silk Sonic at Park MGM suggest that any business issues between them may have been resolved.

Shannon Sharpe’s revelation adds another layer of complexity to the situation. Sharpe recalled playing a high-stakes card game with Mars at the Commerce Casino, with one pot reaching $34,000. This interaction reportedly took place around late 2016 or in 2017, coinciding with Mars’ “24K Magic World Tour.” Sharpe claimed victory in the game and mentioned Mars asking for a $10 chip to cover his valet before disappearing.

While Bruno Mars has acknowledged his past experiences with gambling, including losing a couple of thousand dollars during a casino visit at age 19, he maintains that losing is part of the learning process. Despite the speculation surrounding his financial situation, Mars appears unfazed and focused on his music career.

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