American pop singer Bruno Mars has no gambling debts from table games worth US$50 million at MGM Resorts in Las Vegas, Nevada.

The Las Vegas Review-Journal reported this in an official statement sent by MGM Resorts on Monday.

The full statement:

“We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers. 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. Any speculation otherwise is completely false; he has no debt with MGM. Together, we are excited to continue creating unforgettable experiences for our guests," the statement read.

A source familiar with Mars’ residency commented: “That whole thing is such BS.”

Bruno's stage show premiered in December 2016. Due to its success, his residency has been extended multiple times.