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Music News

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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From left to right: Matthew Burnett, Jordan Evans and Daniel Caesar at Billboard Canada Managers to Watch 2026
Gabriel Di Sante

From left to right: Matthew Burnett, Jordan Evans and Daniel Caesar at Billboard Canada Managers to Watch 2026

Management

Daniel Caesar's Surprise Tribute to His Managers & More of the Best Moments From Billboard Canada Managers to Watch 2026

Caesar presented the Managers of the Year Award to his longtime managers Matthew Burnett and Jordan Evans as industry luminaries gathered to celebrate at Billboard Canada Managers to Watch x MMF Canada Honour Roll at SOUNDSTAGE at NXNE on June 11. Angine de Poitrine manager Sébastien Collin and Yungblud manager Tommas Arnby also received special awards.

The most influential managers from across the globe gathered at SOUNDSTAGE in Toronto on June 11 at NXNE to celebrate Billboard Canada Managers to Watch. The celebration spotlighted the people who put in the behind-the-scenes work to elevate artists across the country following the release of this year's coveted Managers to Watch list.

“If you want to get something done, call the manager,” said Billboard Canada national editor Richard Trapunski in his opening remarks. "You are the ones who are closest to the artists, the unsung heroes of the music industry. You have the vision and the tools to open doors and build careers, yet you are rarely in the spotlight yourselves."

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