Bruno Mars joked about his rumored $50m gambling debt in a social media post on Tuesday. [Image: Shutterstock.com]

Rumors began doing the rounds last March that Bruno Mars was in debt to the tune of $50m to MGM Resorts International after a bad losing streak. The singer is a regular fixture in Las Vegas, as he has held a residency at the Park MGM since 2016. News Nation’s source said that MGM basically owned the singer as he had yet to repay his losses.

MGM subsequently released a statement saying that Mars didn’t have a $50m gambling debt and that it is happy to have a long-running relationship with the 11-time Grammy winner.

The Hawaii native has clearly heard the rumors of his supposed gambling debts, so he decided to have some fun on Tuesday. He reposted a message on Instagram from Spotify highlighting that he’s the first artist to get at least 150 million monthly listeners. He attached the message: “I’ll be out of debt in no time,” to the post, referencing his supposed gambling losses.

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The 39-year-old has a reputation for enjoying gambling, particularly high-stakes poker. When he first tried to break into the music industry, he attempted to cover his monthly rent by playing cash games.