Bruno Mars Reportedly Owes MGM Resorts Over $50 Million In Gambling Debt

Bruno Mars Reportedly Owes MGM Resorts Over $50 Million In Gambling Debt

NewsNation reports that sponsorship deals of popular American performer Bruno Mars with MGM Resorts are linked to his multimillion-dollar debt to the company.

A source from the publication claims that Mars' debts to MGM exceed $50 million:

MGM basically owns him. He earns $90 million a year from the casino deal, but then he has to pay back his debt... after taxes (Mars earns $1.5 million per night).

In 2016, Mars signed a long-term contract with MGM, and now all his concerts take place only at the company's venues.

In a 2013 interview with GQ, Mars recalled starting to gamble at casinos at 19, long before his rise to fame.

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