Topic: Drake and Bruno Mars An Example of How Gambling Addiction Can Affect Anyone - page 4. (Read 964 times)

Actually its none of our business on how they would really be spending their money on, on which it would be neither on gambling on pure or not. Also, i dont believe about on community benefits or economy because
it would really be just that having on getting some partial in terms of taxation and the rest of those loses would really be on that casino owners pocket on which it does take the bigger slice of the pie.

Thing here is that no matter how big these celebs would really be using up as their betting amount then its none our business. Somewhat it would really be just that a common scenario
on how someone would really be able to face up challenges on the time that they would really be going above into their limits when it comes to financial spending.
All of us would really be making out realizations on the time that we do able to meet up or would be able to encounter tough situations.

I think wealth and fame has a way it get into some people brain without gaining control over their overzealous lifestyle. Celebrities are often guilty of these, you will never see top 100 rich person make this kind of headlines, it's always the celebrities that makes this news. Instead of them to invest all their sweat in good way, they rather gamble, smoke nonsense to spoil their lungs and drink to become unhealthy in the next 10 years, some do drugs to become a menace to the society and the people that call them role model.

The fact that only the celebrity are the only people you see this news among the most shows there is a problem among the industry. Perhaps inferiority complex and trying to look too financially stable until they become broke to put for their kidney transplant, no money to furnish their lifestyle and then later go bankruptcy. Then they beg promoters online for shows to make money to get back but it's usually when it's late for them.

You are right. I should have put a disclaimer. After I read your reply, I did another search on this and the latest on this issue is that MGM Resorts has come out to  denied claims that Bruno Mars owes the company $50 million in gambling debt.

What I know is that whether this is actually true or some PR to manage the situation, we cannot tell.

The strong message here is that gambling debt can ruin a person's reputation especially if you are a famous person. Aside being famous, seeking help for gambling addiction is the first step to quitting the addiction.

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Folks please take not of this new information - https://nypost.com/2024/03/19/entertainment/mgm-resorts-responds-to-claims-bruno-mars-owes-50-million-in-gambling-debt/

I missed this thread, I thought no one was discussing Bruno Mars, lately I've seen the news a lot on social media and a lot of what I read is also in the language of my country, I thought Bruno Mars was not a gambler, it turns out he really is a gambler, I doesn't know what he wants when gambling, does he just want money when gambling, is it just to have fun, if it's just to have fun, he should have a special budget for gambling so as not to go over the limit or get into debt with the casino.

Obviously, this is very excessive and it seems that Bruno Mars is not there to have fun gambling, but really wants to make money because he borrowed money perhaps to recover previous losses or try to catch up on losses so that they can be recovered, but instead he experienced more and more consecutive losses which made him have to go into debt. with casinos, it is clear that gambling is not a place to make money, especially if you experience a loss, you should not try to recover it, even though it might be successful but the chances are small, it is best to avoid it like that.

gambling should be for fun, using money that is ready to be lost is enough, but if you don't have money, it's best not to try gambling, BTW, it looks like he can still pay his debts, after all, just by holding a concert in some countries he might be able to pay it off, just try if he an unemployed person would have become a corpse by now because he committed suicide due to the terror of debt collectors everywhere. 

I personally do not wish anyone to suffer from gambling addiction, to be honest, not matter they are from a very privileged economical status or whether they are super-stars from Hollywood. That is the kind of mental struggle which could mess anyone up and destroy their life if they are not careful enough with their wager.
On the other hand, that money loss by those rich gamblers would only significantly affect the economy of the country if that money was heavily taxable by the federal government and would not stay in the pockets of the casino. It would pretty much depend on the jurisdiction the casino is settled in and whether it is placed in some country or state where much of the gambling profits by the casinos are supposed to be donated to charity. It is very situational.

We are never supposed to wish anything as bad as gambling addiction to anyone.

But it's better not to spend it in gambling those money that they earn? Still it's hard-earn, they have to work hard for it, not like the invested money that grow overtime. And if the likes of Bruno Mars want to make changes, then he can donate some of that money to his country or to where his family is, that is in the Philippines.

Not saying that I disagree with you, but I think that kind of mindset is your. It's like just giving excuses for this celebrities to continue to gamble because they are thinking that they are helping the economy and that is very wrong argument.

Caught myself thinking, that it is better for celebrities to have a gambling addiction like that, so that money they have lost would go to country economy (instead of just being on bank accounts), then they have drug or alcohol addiction. Here is why: they earn, they lose in gambling, they do their best to perform (act or write a new song, whatever they want, as it is about creativity) and earn new money. Than earn and spend everything on drugs, alcohol and party.

What I want to say is gambling is not a side hustle and it's not advisable to impress anyone in a casino whether woman or man because you have more to spend or not. Just gamble for fun if you are the type that gambles for fun, if you are not the type then risk what you can afford to lose.
IMO Bruno Mars gamble quietly because he's not a fan of making his addictions known to everyone, there are people like that and as a celebrity, people must talk about you good or bad things. You only have to do your best but don't try to impress anyone more especially when it's related to gamble. Even if gamble is fun you also have to make your decision and keep to it for reference purposes.

I have been quiet about this and doing some digging into this and found out that the "debt" is not really like he took out a loan to gamble but that MGM based on his status as a famous allowed him to gamble on credit. Who does this? It is almost like taking advantage of the celebrity and then didn't they have the moral compass to prevent him from going on into more debts? On the other side , I blame Bruno for being so financially reckless. He needs to sign up for a financial management classes. Being a celebrity doesn't make one immune to reckless and irresponsible financial behaviour.

Rich people are not excused from gambling addiction. In fact, they are more prone to any type of addiction, whether in gambling, drugs or in alcohol. However, there are gambling addicts that can still manage their expenses most particularly in gambling and their winnings still outnumbered their losses. But in Bruno Mars case, if it’s really true that he ended up with a huge debt because of gambling, then it must be that he is expected immense gambling addiction. While it’s okay to be in debt if you are in investments, but I think as long as gambling is concerned, that would be unacceptable for everyone.

Before sharing the news that wasn't verified as accurate or real, you should put a disclaimer.

Browsing the web, you are right that there is a lot of news on different websites about the "alleged gambling debt" of Bruno Mars but if you look at the majority of those websites publishing the story, they are only relying on ONE SOURCE and that's from NEWS NATION.

Let's also not just look at the title but read also the content. It was NEVER reported that Bruno Mars borrowed money just to gamble. He inked a deal with the MGM Casino several years ago and I will assume that part of the deal is the privilege of Bruno Mars to gamble on the casino without cash-on-hand or the casino probably give him some regular bankroll periodically. It seems Bruno Mars enjoys gambling so much that he abused his privilege with the casino and now ended up in gambling debt.

Anyway, I know that it's not about Bruno Mars or Drake but if ever that's true, it should be clear to us what's the moral lesson of that story.

Bruno doesn't appear like he gambles. I thought the guy don't feel like doing anything all the time and just wanna lay in his bed.  

But he owes $50M because of his gambling, where are his financial advisers?  He must be trying to impress some women in the casino. These celebrities are still vulnerable despite how many of these people have taken advantage of them.

Bruno probably started by thinking that he could always pay up and always be able to meet up the debt perhaps why he has landed himself in this sort of mess where he has become addicted to using unconventional means to raise money for gambling.

There are some people that due to what they have achieved or because of how successful they are believe that they cannot become addicted to gambling or that even if they become addicted to gambling the effects of gambling will not be terrible on them because of their level of maybe financial success. Gambling also threatens the financially successful, it will take your richess if your are not careful.

This is true, I agree with this part without a doubt. I understand that people may worry about him but don't, because he is a multi millionaire with 100+ million networth who is partnered with a casino to do all of this. Even when he loses a lot of money, remember that he can do like 10 concerts and raise millions for himself.

There is nothing that can be done to fix any of this, and there is nothing to fix because he is just doing what he can afford to do and that should eb fine for him. I understand that the amounts may look too much for people, and sometimes he may go on a losing streak, but just the other day I saw him won like 250k+ on a simple plinko game. This is why, we do not need to worry for a multi-millionaire famous rich rapper.

Well, addiction has been a real case of study in the world, nit just in gambling, but to many other aspect. No body is bigger than it. Anyone can be addicted to something but it now depends on how they are able to manage their addiction and control their activities towards it. As a gambler, it's usually advisable not to borrow money for any reason just for gambling activities. That's because, there's no guarantee that you will make some winnings. A lot of gamblers have lots their life's to these reasons and even their image in the society.
These celebrities, sometime engage them self with so many activities that they no longer care if their image in the public is damaged. Though not all, because their life's most times is constantly being monitored by fans. We should learn from this story though as addiction can hit anyone and anytime.

Addiction is a disease that is not easy for the person who has this disease to admit that they are sick, because often the person who has the addiction thinks that they are fine and that what is happening to them is something normal and that they have control. of the situation. and when you confront the addicted person so that they admit that they are addicted, it takes a long time for the addicted person to admit that they are addicted and when they admit it comes another big problem which is the fact that the addicted person refuses to undergo treatment with a specialized doctor, most of the time it is necessary for people from the addicted person's family to take him to the hospital and admit him for a long time without him receiving visitors, without him having access to the internet

In this case of these two singers we need to know if they are undergoing some type of treatment to cure themselves, playing in a casino has no problem, as long as the person does not abuse and continues to have self control, as they are rich people, obviously sometimes they could play with a lot of money as long as it doesn't become something they do every day and with an amount they can't afford to lose. In my opinion, these guys should seek help while it's still early, the sooner they are cured of their addiction, the better for them. unfortunately in the US many singers are also drug addicts, so if they are also involved in drug addiction plus gambling addiction, then the situation becomes more serious

I did make out some research and found this.

Annual: $16,200,000.00
Monthly: $1,350,000.00
Weekly: $311,538.46
Daily: $62,307.69

Source: https://paywizard.org/salary/vip-check/bruno-mars

Earnings overview:
Billboard Dec 2022: $ 16.2 million
Forbes Oct 2019: $51.5 million
Forbes 2018: $100 million
Forbes June 2017: $39 million
Forbes June 2015: $40 million
Forbes Nov. 2014: $60 million
Billboard March 2014: earnings over 2013 - $18,839,681

Source: Link above

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These are outdated and we dont know on how much he's earning as of today but basing up on
those numbers then having that $50M debt would be a pain in the ass on repaying it up.

The worst part of this story is that they are models for youngsters who (incredibly) want to become like them.

Back on the news, I don't know how much Bruno is paid every year, but I hope it is more than 50 millions because otherwise he may have ruined his life. And, even if his salary is higher than that, the solution must start with the recovery from his addiction, because otherwise the snowball will continue growing.

Well this smells bad for bruno mars if he is already living on loan at this young age. I don't think he has a very patronizing career like drake because of his style of music or popularity that will attract deals to him. The only saving grace he has is that he still has the time to pick himself up from this kind of habit and start to live right. If he were to be old then he may not have that opportunity to grow back capital to repay his debt. A lesson not to borrow to gamble because once you start borrowing you will continue to do that and that will get you to run into debts.

I think drake is more of advantage than Bruno Mars when it comes to gambling. I have not heard that drake is living on loan from gambling and moreover, he is a streamer and has a music career that is flourishing unlike like Bruno Mars. Well I wish for Bruno to get some help to stop borrowing to gamble but an addict hardly leaves his addiction.

As far as I've read , Bruno Mars loves gambling for quite a while and he is okay with it. However, on Drake side , the dude had no business to actually gamble but when Stake came to him and offer a monstrous contract to him , he slowly started to gamble more and more and more and at some point , he will gamble daily without even noticing it.

Also , wait until Twitch/Kick streamers will ran out of gas to gamble and those website won't fund them anymore , most likely all of them will still gamble from their own pocket money. We are living in the gambling era right now when it comes to sports and not only.