Entertainment
MGM Responds to Bruno Mars’ Allegations Over $50 Million Gambling Debt Shannon Sharpe’s Shocking Reveal Calls Hotel’s Denial into question
Reports that American singer-songwriter Bruno Marsa is in debt and owes MGM Resorts tens of thousands and thousands of dollars, has shocked the web. However, the corporate’s response to rumors of gambling debt has left fans of the “Count on Me” singer collectively scratching their heads.
Since 2016, this versatile artist has been working with a global resort and entertainment company. In addition to latest solo albums, in addition to Anderson.Paak’s joint album and Silk Sonic tours, Mars can also be booked to perform at various MGM properties all year long.
According to News Nation Now, the 15-time Grammy winner is searching for greater than $50 million for MGM. “(MGM) basically owns it,” the outlet said alleged Las Vegas insider.
“He makes $90 million a year from a deal he made with the casino, but then he has to pay off his debt… after taxes,” the source said, claiming Mars earns about $1.5 million a day. Mars has been a resident at Dolby Live at Park MGM for nine years. In early March, it was announced that his current program would proceed into late summer, with performances scheduled from June to September 1.
Hours after the shocking news almost went viral, MGM has denied all rumors that Bruno Mars is addicted to gambling.
An MGM representative said in: statement“We are proud of our relationship with Bruno Mars, one of the most exciting and dynamic performers 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 guests from all over the world.”
MGM has vehemently denied rumors of a $50 million gambling debt. “Any other speculation is completely false; there is no debt to MGM. Together, we are excited to continue creating unforgettable experiences for our guests.”
📰 In addition to the alleged gambling reports filed by Complex, according to insiders, a part of Bruno Mars’ cope with MGM reportedly included the creation of The Pinky Ring, and there are also reports that one other “casino project” can also be within the works. pic.twitter.com/gaw11HMIgD
— MARSCHIVES (@marschives) March 16, 2024
Rumors about Mars’ alleged gambling addiction have followed him for years.
AND Reddit Detective he suspected that the song “777” from the album “A Night With Silk Sonic” was a reference to Mars’ love of gambling. On it, Bruno sings lyrics equivalent to: “Pretty motherfucker, I got some money to spend, after this reel I’m gonna buy Las Vegas… Never mind, now we’re making money, now we’re making money… Spin the wheel for me, blackjack, baccarat, dealer, where are you ? Take care of me… I have bills to pay, but the bills can wait. Oh fuck it, let’s play.”
There were rumors that the Silk Sonic duo had been arguing over how to split the cash amongst themselves, although upcoming shows happening from May 10 to August 19 at Park MGM suggest that they might have sorted out their business issues.
However, this shouldn’t be the primary time that rumors have surfaced concerning the singer’s penchant for betting. Professional poker player Brad Wilson He recalled the time he and Bruno played a high-stakes card game on the Commerce Casino. The host of the “Chasing Poker Greatness” podcast claims they were closed for 16 hours and one pot reached $34,000.
Wilson notes that his competitor was preparing for a two-year world tour, with the match expected to happen in late 2016 or 2017. In the latter yr, Bruno began the “24K Magic World Tour.” Not only did Wilson win, but he also claimed that the singer asked him for a $10 token to cover valet costs before he “disappeared into the night.”
However, Mars’ gambling days began when he was 19, together with his first visit to a casino and a bet of $100. “I remember my first bet. My hand was shaking… and the guy called me names and embarrassed me about it.”
He lost money. “You just have to lose to win to understand,” he said. The reporter mentioned that Mars had lost several thousand while sitting on the interview table and didn’t seem inquisitive about getting his a refund, although he ended the day within the black, pocketing $5,000.
Bruno Mars net price
According to many reports, the previous Elvis impersonator’s fortune is estimated at $175 million. His fortune consists of his work as a songwriter, and naturally his own musical endeavors and concert tours. By comparison, “24K Magic World Tour” is alleged to have grossed over $367 million.
However, rumors of his gambling addiction put his fortune susceptible to becoming the highlight of his life. As news of the alleged $50 million debt began to flow into, the subject of conversation on “Night Cap” included: Shannon Sharpe AND Chad “Ochocinco” Johnson.
Shannon Sharpe and Ochocinco speak out about Bruno Mars allegedly accumulating $50 million in gambling debt with MGM, and Shannon Sharpe claims he heard from a high roller that Bruno Mars once lost $17 million while gambling.
(🎥 @NightcapShow_ ) pic.twitter.com/xZnrdlWr3q
— Art of Dialogue (@ArtOfDialogue_) March 18, 2024
The “Club Shay Shay” host claimed that the “high roller” witnessed Mars lose $17 million at a card table. The alleged incident was literally unbelievable to the frugal Ochocinco. Meanwhile, within the comments of a clip shared on X, one user wrote: “Bruno will be performing in Las Vegas forever.”
Separate proposal from 2019 alleged“It is well-known that Bruno Mars likes to gamble, but he could also be affected by a nasty cold. Rumor has it that he made $7 million at MGM Resorts casinos. If that is true, Park Theater shows essentially repay gambling debts. Million night swings should not unusual for prime rollers.
A residency not only provides an artist with a way of stability while putting on a very good performance; an extended stay in a single place can also be lucrative. Although a News Nation Now insider claims that the “Uptown Funk” champion earns $1.5 million per appearance, Casino.org estimates that the quantity is closer to $1.3 million. The site also projects that the Mars program earned just $53.2 million annually from 2016 to 2023.
Famous stars who raked in thousands and thousands from semi-permanent desert gigs include: Celine Dion, who resided for 16 years between performances at MGM’s Dolby Live and The Colosseum at Caesars Palace, taking home $681.3 million; Mariah Carey earned $23,921,616 on the box office from 50 appearances; Usher earned $114.6 million combined together with his work at MGM and Caesars; and the list goes on, dating back to the old Vegas days when Frank Sinatra, the Rat Pack and Elvis Presley were the band’s biggest acts.
According to Billboardstarting a large-scale production could cost anywhere from $2 million to $10 million, and theft to plan a tour would require more logistics, trucks and crews to break down and rebuild the set night after night.
Other stars who’ve handled gambling problems
In the Nineties, Gladys Knight overcame an addiction that nearly ended her profession. I got into gambling while playing within the casino,” she once said he reminded. “One day a friend said, ‘Do you would like to play blackjack?’ So I played and I liked it. You think you’ll be able to win every thing, nevertheless it doesn’t occur. She further admitted that when her children went to college, she sometimes had to gamble to pay for his or her textbooks and other needs. She found help by contacting Gamblers Anonymous.
Former Detroit Pistons star Isiah Thomas pleaded guilty to placing small bets and running craps games in 1990. It was widely speculated that his gambling habits made him the topic of a federal investigation into illegal sports gambling. He denied any wrongdoing and argued that his name had been spread within the media due to his alleged links with high rollers. Los Angeles Times..
Additionally, Hollywood stars equivalent to Ben Affleck have made headlines while visiting Vegas casinos. Affleck became famous when he was caught counting cards on high-stakes blackjack tables on the Hard Rock Cafe & Casino in 2014. He later confessed that he was banned from playing on the blackjack tables on the Hard Rock and other casinos.