HomeCelebrityOop! MGM Rep Reportedly Shuts Down Experiences Alleging Bruno Mars Has $50...

Oop! MGM Rep Reportedly Shuts Down Experiences Alleging Bruno Mars Has $50 Million Debt With Them

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Bruno Mars’ monetary life was within the headlines this week after NewsNation claimed he owes MGM at the least $50 million. The report cited a “well-placed Vegas insider,” however it seems just like the playing debt scoop wasn’t one in any respect.
A rep for MGM Worldwide Resorts has come ahead to clear the air on Bruno Mars’ ties to their enterprise, per TMZ.
RELATED: Social Media Reacts After Nick Cannon Insinuates Bruno Mars Has “Extra Hits” Than Beyoncé (Video)
MGM Denies Experiences Of Bruno Mars Being In Debt
Social media had already been tussling with the credibility of the report. Principally as a result of Bruno has had a long-standing relationship with the corporate, together with his Park MGM residency and the 2024 opening of his cocktail lounge — that’s the connection TMZ’s sourced rep cited whereas denying that Bruno is $50M within the gap with them.
Not solely did the rep deny the existence of any such debt, however additionally they confirmed their pleasure for future collabs with the signer. That included the extension of his Vegas Park MGM residency, which he introduced in December. His residency was set to run out in August, however he added 5 new reveals that passed off final month.
“We’re pleased with our relationship with Bruno Mars, one of many world’s most thrilling and dynamic performers. From his reveals at Dolby Stay at Park MGM to the brand new Pinky Ring lounge at Bellagio, Bruno’s model of leisure attracts guests from across the globe.” 
NewsNation’s report additionally claimed that Bruno’s residency earned him $90 million however that MGM collected the vast majority of the cash.
“He makes $90 million a yr off of the deal he did with the on line casino, however then he has to pay again his debt… after taxes (Mars makes $1.5 million per evening),” NewsNation reported.
However the MGM rep says that’s completely not the case. Although the rep didn’t spotlight Bruno’s earnings, they assured the general public it wasn’t amassing any cash on the backend.
“MGM and Bruno’s partnership is longstanding and rooted in mutual respect. Any hypothesis in any other case is totally false; he has no debt with MGM. Collectively, we’re excited to proceed creating unforgettable experiences for our friends.”
PEOPLE has contacted Bruno Mars’ reps for remark, however they haven’t acquired a response. Presently, the ’24K Magic’ singer has not publicly commented on the debunked information through his social platforms.
RELATED: See Which Artists Have Introduced A 2024 Las Vegas Residency
The publish Oop! MGM Rep Reportedly Shuts Down Experiences Alleging Bruno Mars Has $50 Million Debt With Them appeared first on The Shade Room.

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