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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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Ron Ferroni
Courtesy Photo

Ron Ferroni

FYI

Obituaries: Hamilton Music Promoter Ron Ferroni, Television Guitarist Richard Lloyd, Session Ace Clem Cattini

This week we also acknowledge the passing of Love Affair Singer Steve Ellis.

Ron (Ronald Albert ) Ferroni, a Hamilton-based music promoter and fanzine editor who had a major impact on that city's music scene, died on Nov. 1 at the age of 63. His passing was reported by his brother Donald Ferroni on social media. A cause of death has not been revealed.

A lifelong music enthusiast, Ron Ferroni first made a mark on the Hamilton scene by helping launch a music fanzine, Steelore, in 1986. Its co-founder, Kent Lepper, recalls to Billboard Canada that ''I met Ron and his friend Bob McKnight in the late '80s and at that time we were discussing starting the fanzine. We were also including a cassette with local bands on it.

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