Kylie Minogue is said to be in talks for a £100 million Las Vegas residency.

The 54-year-old was reported by The Sun on Friday (25.11.22) to be ready to sign up for a 12-week run in Sin City.

Planet Hollywood and Caesar’s Palace – currently hosting Adele’s Vegas residency – have made offers to Kylie, according to the publication.

It added record label Sony BMG is liaising for “potential spin-off deals”.

A source told The Sun: “While Kylie may not have a huge profile Stateside, she is an absolutely massive draw for the Brits.

“She has a cult gay following especially, and it's felt she will easily draw in the pink pound. Kylie visited a few venues in the summer, and numerous meetings have since been held.

“It’s a no brainer for Kylie – easy money, and no touring. Everyone involved is hugely excited about the prospect.”

Kylie has spent most of the summer in London recording new music, which if released would mark her 16th studio album and her first since 2020’s ‘Disco’.

Adele is reportedly earning around £750,000 per show for her delayed Vegas residency, which started last week.

Tickets for the concerts are going for up to £200,000 each on resale sites, according to the Mail on Sunday.

Other big names to have headlined Vegas in recent years include Britney Spears, Lady Gaga and Jennifer Lopez.

Adele, 34, told fans on her opening night: “I should be giving you a standing ovation, thank you so much for coming back to me.

I really appreciate it. You look amazing and it looks just what I imagined it would look like, it’s perfect.

“I’m so scared and nervous, but I am so happy, I don’t know what I was thinking putting piano ballads at the top of the set, hopefully over time my nerves will disappear.

“I would also really like to thank Caesar’s because there have been a lot of rumours and they never once asked any questions, they’ve been amazing.

“Only legends have been through these doors, I’m so honoured. I have no idea what I’ve embarked on for five months, but I can’t wait.”