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MGM Grand Says Bruno Mars Does Not Have $50 Million Gambling Debt

"MGM and Bruno's partnership is longstanding and rooted in mutual respect," the hospitality company wrote in a statement.

Bruno Mars performs onstage during the 25th annual Keep Memory Alive 'Power of Love Gala' benefit for the Cleveland Clinic Lou Ruvo Center for Brain Health at Resorts World Las Vegas on Oct. 16, 2021 in Las Vegas.

Bruno Mars performs onstage during the 25th annual Keep Memory Alive 'Power of Love Gala' benefit for the Cleveland Clinic Lou Ruvo Center for Brain Health at Resorts World Las Vegas on Oct. 16, 2021 in Las Vegas.

Denise Truscello/Getty Images for Keep Memory Alive

MGM Grand Resorts International has denied reports that Bruno Mars is in debt with the entertainment company via a statement received by Complex.

“We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers,” MGM wrote in the statement. “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.”


The message continued, “Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests.”

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A previous report by NewsNation indicated that the “24K Magic” singer racked up a debt of more than $50 million at the MGM Grand since signing a long-term residency contract with the company in 2016.

Mars’ last solo project was 2016’s 24K Magic, which included hits like the title track, “That’s What I Like” and “Versace on the Floor.” “That’s What I Like” topped the Billboard Hot 100 songs chart, while the album as a whole peaked at No. 2 on the Billboard 200 albums chart in December 2016.

Since them, Mars teamed up with Anderson .Paak for their successful group endeavor, Silk Sonic, and the duo released their album, An Evening With Silk Sonic, in 2021. The album’s standout track, “Leave the Door Open” won four Grammy awards: song of the year, record of the year, best R&B song and best R&B performance.

This article was first published by Billboard U.S.

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Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy
Photo by Tech Daily on Unsplash
Streaming

Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy

As the U.S. government and major online streamers like Spotify and Apple Music push back against the so-called "streaming tax," the Canadian federal government will make its own investment to "provide stability and immediate support to Canada’s audio and audiovisual sectors."

The Canadian government is stepping in to support Canadian music and media amidst debates around the Online Streaming Act.

This morning (June 3), the government announced that it will offer immediate financial support for music, audio and audiovisual media with a $600 million yearly investment. The release says funding will "provide stability and immediate support to Canada’s audio and audiovisual sectors and keep our culture accessible and affordable for all Canadians."

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