Bruno Mars via YouTube

MGM Resorts are shutting down erroneous reports claiming Grammy Award-winning singer Bruno Mars has racked up a $50 million gambling debt with the casino.

A NewsNation report claimed an anonymous source said Bruno allegedly made $90 million a year from his residencies at MGM, but he used a large portion of his earnings to pay off his gambling debt. 

He will only make $1.5 million per night after taxes. MGM basically owns him,” the report claimed. 

A spokesperson for MGM Resorts International is call cap on all of it saying that the allegations are “completely false” as Mars has “no debt with MGM.”

The statement continued:

We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers.

From his shows at Dolby Live at Park MGM to the new Pinky Ring lounge at Bellagio, Bruno’s brand of entertainment attracts visitors from around the globe.

MGM and Bruno’s partnership is longstanding and rooted in mutual respect.

Any speculation otherwise is completely false; he has no debt with MGM.

Together, we are excited to continue creating unforgettable experiences for our guests.

Shannon Sharpe recently said on his “Nightcap” show with Ochocinco that he overheard a high roller say they witnessed Bruno Mars lose $17 million. 

Watch the clip below. 

Hopefully, Bruno Mars isn’t feeling litigious…

In other news, Bruno opened the Pinky Ring at the Bellagio in February.

The Pinky Ring is a one-of-a-kind cocktail lounge in Las Vegas, curated by an entertainer for your entertainment pleasure, according to the official website.

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