What is a Las Vegas Residency & Highest All-Time Grossing Acts
Many consider the Las Vegas Strip to be the capital of music residencies in the United States. It’s only fitting that it has such a reputation, seeing as the concept of the musical residency originated in the city of Las Vegas.
But what exactly is a Las Vegas residency? A Las Vegas residency is when a well-known musical artist is under contract to perform regularly scheduled shows at a single venue over a period of time. In Las Vegas, a residency is usually an agreement between an artist and one of the large casinos on the Strip to perform shows several times a week for several months or even years.
In this article, we’ll discuss the history of Las Vegas residencies, why these residencies exist, the most successful residencies, and how to get tickets to see a Las Vegas residency.
Looking for the ultimate Vegas show experience? Check out the calendar of concerts and festivals coming to Las Vegas!
What is a Vegas Residency
As mentioned above, an artist can obtain a Vegas residency by booking a series of shows at a particular venue in Las Vegas, most commonly a resort or casino.
Hotels and casinos on the Las Vegas Strip have played host to resident performers since the 1940s when the world-famous Liberace graced the city with a series of concerts.
Residency shows in Las Vegas have proven themselves to be as profitable as tours, if not more. The duration of a residency (wikipedia) ranges from a few days to several years. Artists like Celine Dion, Britney Spears, and The Chainsmokers have made a fortune from being resident performers in Sin City.
Not only are residencies profitable, but they also save the performing artists from the stress and grind of a tour that plays in a different city every night. In other words, it’s a pretty easy gig for a resident performer, and being a performer in Las Vegas with a residency has become a very desirable thing for many musical artists.
Some critics believe that a residency is nothing but an attempt to rejuvenate the career of a waning artist. However, more trending artists, including Usher, are involving themselves in Las Vegas residencies.
So, how do Las Vegas residencies work, and what are the most profitable residencies in Vegas history? You’ll find out the answers to these questions below.
Why do Las Vegas Residencies Exist?
When you see the ridiculous amounts of money that major artists are making throughout their Las Vegas residencies, one question in particular probably comes to mind.
Why do these residencies exist?
The short answer is that they make the artists and resorts a lot of money!
The artists make money because the resorts and casinos pay them to perform. That makes sense, of course, but what about the casinos?
The casinos themselves tend to lose money on the performance but gain it back indirectly by attracting people to their casinos, where they spend even more money on dining, other attractions, and gaming.
According to Kurt Melien, the vice president of entertainment at Caesars Palace, residencies are a “loss leader” event. The resorts lose money on hiring the performer but realize a huge profit on the backend because the celebrity performances draw more people to the casino.
There’s a lot of competition in Vegas to be the trendiest resort or casino. One of the best ways to attract crowds to your casino is to have the hottest names in music performing at your club or venue. Therefore, resorts will happily pay artists a boatload of money to bring in more customers.
The Most Successful and Highest Grossing Las Vegas Residencies
While dozens of past residencies have raked in millions of dollars throughout their run, a few of them have really stood out in terms of how much money they made.
A few of these Las Vegas residencies have been so successful that it could be extremely difficult for any future artist to beat their milestones.
Let’s look at the six most successful residencies in Las Vegas based on their ticket sale earnings, attendance, and duration. (source)
A New Day — by Celine Dion
- Duration: 4+ years (March 2003 – December 2007)
- Venue: The Colosseum at Caesars Palace
- Gross earnings: $385.1 million
Celine Dion’s first residency concert took the world by storm in 2003. It’s still the highest-grossing Las Vegas residency to date. Nearly 3 million people attended the residency during its 4-year tenure. In total, Celine Dion performed in about 720 shows.
Celine — by Celine Dion
- Duration: 8+ years (March 2011 – June 2019)
- Venue: The Colosseum at Caesars Palace
- Gross earnings: $245.5 million
After already cementing her reputation as the Queen of Las Vegas residencies, Celine Dion returned to The Colosseum in 2011. This time, she stayed for over eight years, thrilling 1.74 million fans to a total of 427 shows.
Although profits from the shows paled in comparison to her first residency, it remains the second most successful Las Vegas residency.
The Red Piano — by Elton John
- Duration: 5+ years (February 2004 – April 2009)
- Venue: The Colosseum at Caesars Palace
- Gross earnings: $166.4 million
The Colosseum continued its Las Vegas residency domination with a series of concerts featuring singer and songwriter Sir Elton John. He appeared in 247 shows over five years and made the organizers more money than any other resident performer aside from Celine Dion.
Piece of Me — by Britney Spears
- Duration: 4 years (December 2013 – December 2017)
- Venue: The AXIS at Planet Hollywood
- Gross earnings: $137.7 million
Although the organizers slated the event to run for two years, Britney Spears’ first-ever residency was so successful the venue extended its duration by another two years. The American singer sold almost a million tickets before ending her residency in 2017.
The Million Dollar Piano — by Elton John
- Duration: 6+ years (September 2011 – May 2018)
- Venue: The Colosseum at Caesars Palace
- Gross earnings: $131.2 million
Elton John’s second stint at the Colosseum proved to be almost as successful as his first. He performed in nearly 200 shows with hundreds of thousands of attendees.
All I Have — by Jennifer Lopez
- Duration: 2+ years (January 2016 – September 2018)
- Venue: Zappos Theater at Planet Hollywood
- Gross earnings: $101.9 million
No residency featuring a Latin artist has been as successful as Jennifer Lopez‘s first residency in Las Vegas. She performed in just over 120 shows. Despite its relatively short duration of fewer than three years, All I Have sits at number 6 in the list of most successful residencies in Las Vegas.
Elvas Presley’s Las Vegas Residency
Speculation indicates that Elvis Presley’s residency at Westgate Las Vegas Resort (formerly known as both the International and Las Vegas Hilton), was one of the most successful residencies in Las Vegas history.
Elvis appeared in over 600 shows spread out across seven years. Unfortunately, there’s little data to back up this claim. Hence, the 1969 to 1976 residency can’t make the official list.
(source)
(Find out about the hottest comedy clubs in Las Vegas in our article here)
Current Las Vegas Artists in Residence (2023)
Residencies have become so popular in Las Vegas that dozens of performers are currently in residence in Sin City. These performers run the gamut from huge names in the music industry today to big-name performers of the past.
Here is a list of current Las Vegas resident performers:
- Katy Perry: Play
- Barry Manilow: The Hits Come Home!
- Carried Underwood
- Keith Urban: Live-Las Vegas
- Foreigner
- Maroon 5
- Rod Stewart: The Hits
- Usher: The Las Vegas Residency
- Santana: Greatest Hits Live
- Sting: My Songs
- Miranda Lambert
- Luke Bryan
- Donny Osmond
- and more…
You can see a partial list of current Las Vegas residencies and check ticket prices here at Vegas.com
Upcoming Concerts in Las Vegas
Beyond residencies, Las Vegas plays host to a large number of visiting headliners. Many of these big-name performers and bands are only in Vegas to play for one or two nights.
For a complete list of upcoming c