MGM Resorts has denied claims that Bruno Mars owes the hospitality empire millions of dollars in gambling debts.
The company’s response comes after NewsNation reported last week that Mars, 38, had run up more than $50 million in gambling debt at MGM — much of which is being paid from money earned from the singer’s Park MGM residency in Las Vegas , according to the source.
MGM Resorts International states in a statement, per Diversity and Party tonight, “We are proud of our relationship with Bruno Mars, one of the most exciting and dynamic artists in the world. From his performances at Dolby Live at Park MGM to the new Pinky Ring Lounge at the Bellagio, Bruno’s brand of entertainment attracts visitors from around the world.”
“The partnership between MGM and Bruno is long-standing and rooted in mutual respect. Any speculation otherwise is completely false; he has no debt with MGM,” the statement continued. “Together, we are excited to continue creating unforgettable experiences for our guests.”
Bruno Mars performs at the MGM Grand Garden Arena in Las Vegas.
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The source claimed to NewsNation, per Diversitythat MGM “basically owned” Mars after allegedly racking up millions in gambling debts with the hospitality and entertainment company.
The outlet also claimed that Mars earned $90 million a year from his MGM residencies, but the singer used the large sum to pay back the company.
“[He will] making just $1.5 million a night after taxes,” claimed NewsNation.
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Bruno Mars.
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Mars has a long-standing relationship with MGM. In 2016, the “24K Magic” singer launched his partnership with the company that led to his Park MGM residence and his Pinky Ring cocktail bar at the Bellagio Resort & Casino, opening in early 2024.
The report of Mars’ gambling debt comes months after he announced the extension of his Vegas residency at Park MGM in December 2023.
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Mars was originally scheduled to finish his residency last August before adding five additional shows in December 2023 and five shows in February 2024.
PEOPLE has reached out to representatives for MGM Resorts and Mars for comment.
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