Bruno Mars Faces $50M Debt Due to Gambling Addiction

 

After successfully completing a two-day concert in Seoul, shocking news about Bruno Mars has emerged.

On the 14th, foreign media outlets quoted a reliable source in Las Vegas, reporting that "Bruno Mars is currently in debt of $50 million (approximately 66.9 billion won) to the MGM Grand Casino." An official explained, "In essence, MGM practically owns Bruno," and described his debt as reaching a critical level. In 2016, Bruno Mars signed a long-term partnership contract with the casino operator "MGM Resorts International."

According to the contract, he is required to perform regular concerts at the MGM Resort in Las Vegas, during which he reportedly enjoyed gambling at the casino. Business Insider reported, "Although Bruno Mars earns around $90 million annually through the partnership, after deducting various taxes, he ends up returning more money to the casino than what he earns."

Along with this news, attention has also been drawn to Bruno Mars' past remarks where he confessed about his gambling experiences. In a 2013 interview with music media GQ, he revealed that before achieving success as a singer, he was addicted to gambling. Bruno Mars said, "I lost an unbearable amount of money back then. When you're weak, they (casinos) will prey on your money," warning about the dangers of gambling addiction.

News Nation reported that they requested comments from Bruno Mars and the MGM side regarding this matter but did not receive a response.

Fans found it strange that he kept going on tours instead of releasing albums. And today, the news of his gambling debt surfaced online.

theqoo

-What?

-Is this news reliable?

-If he gambles not to make money but just for fun... There's really no answer

-Gambling addiction is such a terrible thing...

-He seemed like such a perfect person as a singer... Who would've thought he had such an issue

-He could easily pay off his debts by doing a few more tours

-He probably can pay it off quickly

-With addiction, he will only earn money to lose it all again with debts

-Once you get into gambling, it's hard to escape

-It's not about paying the debt; it's the addiction that's the problem.

-He's Bruno mars, he'll probably pay it off quickly. However, the real issue is whether if he can't stop his addiction or not.

-Bruno Mars used to be popular for having no gossip about his private life, how did this happen...

-It's scary how addiction can ruin a person in an instant

-He should sell his copyrights quickly

-Even if he earns a lot, there's no solution to gambling addiction. 

-He could probably pay it off by doing more tours since he's the Bruno Mars... The problem is he seems to not be able to quit.