Amid recent speculation surrounding Bruno Mars allegedly accruing significant gambling debts, MGM Resorts has stepped forward to vehemently deny these claims. The renowned singer-songwriter’s purported indebtedness to the casino giant, as reported by media outlet NewsNation, has been refuted by MGM Resorts in a firm statement released on March 18.
Dismissing reports suggesting Mars owed up to $50 million in gambling losses, MGM Resorts asserted that such insinuations were baseless and clarified the nature of their relationship with the acclaimed artist. The company underscored its pride in collaborating with Mars, highlighting his contributions to the entertainment scene, ranging from dynamic performances at Dolby Live at Park MGM to the recently launched Pinky Ring lounge at Bellagio.
According to The Las Vegas Review-Journal, MGM Resorts emphasized the global appeal of Mars’ brand of entertainment and the solid foundation of mutual respect underpinning their partnership. The statement reiterated that any speculation regarding Mars’ financial indebtedness to MGM was unfounded and affirmed that the artist does not owe any debts to the company.
Debunking Allegations and Affirming Collaboration
Contrary to claims attributed to an unnamed source by NewsNation, which suggested that Mars was using his performance earnings to offset gambling losses, MGM Resorts maintains that the artist’s collaboration with the company extends beyond his residency deals. The source purported that Mars’ annual earnings from these deals amount to approximately $90 million, with net earnings per show estimated at $1.5 million after tax deductions.
MGM Resorts vehemently denied these allegations, emphasizing Mars’ involvement in various ventures beyond his performances. The partnership between Mars and MGM encompasses ongoing residencies at Park MGM and recent collaborations such as the Pinky Ring lounge at Bellagio. The casino giant stands by Mars, refuting any claims of financial indebtedness and reinforcing the strength of their enduring collaboration.
The statement from MGM Resorts serves to dispel swirling rumors surrounding Bruno Mars’ alleged gambling debts, reaffirming the integrity of their partnership and underscoring Mars’ significant contributions to the entertainment industry.
The post MGM Resorts Dispels Bruno Mars Gambling Debts Rumors appeared first on iGaming.org.