Despite his lucrative deal for Sin City residency show, the 38-year-old 'Just the Way You Are' hitmaker is allegedly facing financial crisis as he has massive debt because of gambling losses.
- Mar 16, 2024
AceShowbiz - According to a report by News Nation, popular singer Bruno Mars is allegedly deeply indebted to the MGM casino in Las Vegas, Nevada. Sources claim that the singer owes as much as $50 million to the establishment.
Mars, who was once a professional poker player, has reportedly lost significant sums at the casino. "He owes millions to the MGM (from gambling)," a Vegas insider said. Sources indicate that his debts have reached as high as $50 million.
The insider further stated, "(MGM) basically own him." Despite earning an estimated $90 million annually from his deal with the casino, Mars is reportedly obligated to repay his debts, leaving him financially strapped.
Mars reportedly "lives for free while he has a contract" with the casino. However, sources suggest that he is essentially broke.
Bruno Mars is a renowned American singer-songwriter known for his energetic stage performances and diverse musical style, which encompasses genres such as pop, R&B, funk, soul, reggae, disco, and rock. He is accompanied by his band, the Hooligans, who provide musical accompaniment and backup vocals.