Bruno Mars announced a multi-year residency deal with the MGM conglomerate back in 2016 where he’d be performing at the MGM resort in Las Vegas. Although everything was going great for a few years, a source claims the singer now has a multimillion-dollar gambling debt with the casino.

Bruno Mars has a huge gambling debt with MGM

A source who spoke to NewsNation claimed “He owes millions to the MGM (from gambling).” His debts have gotten as high as $50 million,” the source added.

“(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… after taxes (Mars makes $1.5 million per night).” If we do the math, 90 million after taxes is about $60 million.

Back in 2016, the president of MGM Resorts International claimed that “Bruno is among the most talented performers in the world and we are excited to start a long-term relationship with him across our industry-leading portfolio of entertainment venues” but it seems he is in big debt with the casino.

The “24K Magic” singer supported himself by playing poker at one point, however, his singing career took off, and dedicated his life to the music business as he mentioned in a GQ interview from 2013.

“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,” Mars said at the time. “And that’s when they’re weak. And that’s when you jump or pounce on them.”

He also elaborated on what it was to visit the casino for the first time when he was 19 years old “I remember my first bet, my hand was shaking, and a guy called me out on it and embarrassed me,” he said, while revealing he lost some money he did could not loose. “You gotta lose. You just have to lose to win, to understand.“