Bruno Mars has found himself in hot water for reportedly owing a whopping $50 million in gambling debt.
The 37-year-old singer has been entertaining audiences with his residency at Park MGM in Las Vegas for nine years.
According to sources cited by News Nation, Mars’ prolonged stint in Las Vegas may be attributed to his substantial gambling losses at the casino. An unnamed insider revealed, “He owes millions to the MGM [from gambling]. [MGM] basically own him.”
Despite earning a hefty sum of $90 million annually from his residency, Mars is allegedly struggling to keep up with his financial obligations after taxes, with much of his earnings going towards settling his debt.
The Grammy-winning artist has been candid about his fondness for gambling, admitting to frequenting casinos since the age of 19.
In interviews, Mars disclosed that during his early days as a struggling musician, he relied on card games to make ends meet.
Despite his financial woes, Mars’ residency at Park MGM is set to resume in June, with tickets still available for purchase. Fans eagerly anticipate the return of the beloved performer to the Las Vegas stage.
