Shannon Sharpe, Chad Ochocinco, & Bruno Mars – Source: Getty Images/Aaron J. Thornton/Kevin Winter/Rick Kern
Amid Rumors Bruno Mars is in debt to the MGM Grand for $50 Million Shannon Sharpe alleges he heard the pop star lost $17M in one night alone.
Over the weekend rumors emerged that Pop Sensation Bruno Mars was allegedly $50 million in debt to the MGM Grand. According to Yahoo Entertainment, Mars currently is in the ninth year of his residency at the Vegas attraction and brings in $90 Million annually. The problem is allegedly after taxes he’s barely covering his debts. This news made its way to the desk of Shannon Sharpe and Chad Ochocino leaving the duo puzzled at the numbers. According to Sports Rush, they believe they can teach him the power of a dollar.
“Boy, this is f**king absurd. This makes no sense. This is this is the point where you’re crossing the line to where it’s almost dumb. It’s almost stupidity. 50 million in debt. Even if you make 90. How does the casino allow you to be in debt that much?”
Shannon Sharpe and Ochocinco speaks on Bruno Mars allegedly accumulating $50 million in gambling debt with MGM and Shannon Sharpe says he heard from a high roller that Bruno Mars once lost $17 million while gambling.
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— The Art Of Dialogue (@ArtOfDialogue_) March 18, 2024
The Nightcap hosts even revealed their sources told them they’ve allegedly witnessed Mars lose $17 Million in a single night. That may or may not be true but it sounds on brand if debt rumors are true. You do not end up $50 Million Dollars in debt playing small.
“I just need to sit down and talk to him,” Johnson said. “First, we’re gonna stop drinking. That’s step one. We’re gonna stop drinking. Because when you’re making so much money, you’re not thinking right. Let me help you understand the value of a f**king dollar.”
🍸 Bruno Mars opening the doors to his Las Vegas party destination and entertainment lounge – The Pinky Ring – inside Bellagio Resort & Casino with an exclusive celebration with Victoria Monet, Janelle Monáe, Lucky Daye, Babyface and other guests.
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— MARSCHIVES (@marschives) February 12, 2024
Mars has also opened a new lounge in Vegas at the MGM called The Pinky Ring. Regardless of what anyone thinks about the alleged debts MGM and Bruno seem to have a great business relationship. Furthermore, the casino has issued a statement denying all the allegations against Mars.
“We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers,” MGM wrote in a statement provided to Complex. “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 statement continues: “Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests.”
You can watch the full segment on Nightcap below.
