Bruno Mars Is Reportedly About $50 Million In Gambling Debt With MGM Casinos: "They Basically Own Him"

[Mike809]

he might as well sell his masters if he owns them.

 

[L&HH]

Yeah I have a feeling we're going to see a lot more former NBA and NFL players become sports gambling addicts, especially shortly after they retire and face financial distress. Gilbert Arenas hinted at many former players dealing with gambling issues.

Allen Iverson stays at the MGM here in the DC area

 

[Absolut]

What's the biggest credit line you've seen?

It’s based on cash on hand available to the player. Net worth has zero to do with it. If you have a credit line above 10 mil it’s exceedingly rare. Not a chance Bruno is sniffing 50 million in credit lines. Dana White has a ten mil line, and he’s worth a couple times over what Bruno is worth. You’d have to have hundreds of millions in liquid, available cash to get to these reported numbers. Casinos aren’t extending and risking what isn’t able to be paid back

 

[Lucky Millionaire]

He’s a dangerous man with some money his pocket

MGM: Pay Up!

 

[$cam-U-Well_Jack$on]

he got a gambling addiction

Michael Jordan is another one.

 

[Dameon Farrow]

Bruno gets paid 90 million a year?? I know he has hits but that’s Taylor Swift money

His music has high appeal and he performs worldwide and, aside from gambling obviously, has some business sense or someone around him does. Taylor Swift actually should be doing better than 90 million as she's a hotter act than him.

For a hot act that tours sells records and has investments ie money making money for you 90 million isn't far fetched.

 

[Roid Jones]

Mood

 

[TaxCollector13459]

His music has high appeal and he performs worldwide and, aside from gambling obviously, has some business sense or someone around him does. Taylor Swift actually should be doing better than 90 million as she's a hotter act than him.

For a hot act that tours sells records and has investments ie money making money for you 90 million isn't far fetched.

dem silk sonic boyz getting that bread fr huh

 

[CreepyMcCreeperson]

Bruno gets paid 90 million a year?? I know he has hits but that’s Taylor Swift money

Those Vegas shows do well because people need stuff to do, in addition to his regular fans.

For instance, I probably wouldn’t buy Bruno Mars, or J. Lo tickets if they were touring. But I’d get tickets to see them if I was in Vegas, and needed a show to watch. At this point, my wife and I have seen all the Cirque Du Soleil shows, Awakening, and Jaberwockeez in Vegas. We’re going to have to find new shows, and other activities. I’d see a concert.

 

[SadimirPutin]

It’s based on cash on hand available to the player. Net worth has zero to do with it. If you have a credit line above 10 mil it’s exceedingly rare. Not a chance Bruno is sniffing 50 million in credit lines. Dana White has a ten mil line, and he’s worth a couple times over what Bruno is worth. You’d have to have hundreds of millions in liquid, available cash to get to these reported numbers. Casinos aren’t extending and risking what isn’t able to be paid back

Bingo

This talk about the leverage of owning a big pop act by letting him run up a tab is some b movie shyt

They have shareholders and regulators to answer to about their solvency and risk profile

 

[ThrobbingHood]

How do you have over $50 million in gambling debt? And why would a casino allow someone to rack up that much debt?

Why would a casino want a multi millionaire to owe them as much money as possible?

Hmm, I’m stumped.

 

[ThrobbingHood]

He makes 90 million a year from them and he owes them money

So he got finessed? It don’t make no sense. You know it, you know it.

 

[Fani Willis fan]

Good.

 

[Ari Gold Bawse]

they don't have gambling limit laws or anything?

Only limits is how much casinos let you win before you are kicked out

 

[AnonymityX1000]

If he makes 90 million a year and owes 50 million and the people who pay him 90 million are the same people he owes the money to it seems much ado about nothing. They can get their money back and Bruno can keep living his life. I guess he needs to address his gambling addict but actually not really. Seems he has the money to gamble like this.