Bruno Mars, the acclaimed singer-songwriter known for his electrifying performances and chart-topping hits, has allegedly accumulated a staggering $50 million gambling debt in Las Vegas.
The shocking report comes amid his current residency at MGM Resorts. Bruno Mars has performed at the resort since 2016 after signing a multi-year deal.
According to a report by NewsNation, the Finesse singer has found himself in a precarious financial situation with the company that has been paying him to perform. Sources claim that Mars’ gambling losses have been so substantial that his debt now outpaces the substantial income he earns from his residency deal.
“[MGM] basically own him. He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt,” the report quoted a source as saying.
Bruno Mars’ gambling issues
The singer’s affinity for gambling dates back to his teenage years. He once revealed his early experiences playing cards in an interview with GQ.
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“I used to be like a loudmouth. You know the guy, people would want to take his money. If you do get them to lose, they’re out for you, they’re gunning for you,” he said. “And that’s when they’re weak. And that’s when you jump or pounce on them.”
The singer also reminisced about his first visit to a casino at 19, recounting:
“I remember my first bet, my hand was shaking, and a guy called me out on it and embarrassed me. You gotta lose. You just have to lose to win, to understand.”
Usher hits it big with Las Vegas residencies
Unlike Bruno Mars who may come empty-handed after his Las Vegas residency, Usher made a fortune during his residencies in the sin city.
The two residencies in Las Vegas reportedly brought in over $100 million. The My Way: The Vegas Residency with Usher was one of the most sought-after shows in 2022–2023. His 100th and last sold-out show took place in December 2023, according to Rolling Stone.