High-Priced Residencies Are Great For Headliners, But Better for Vegas

In 2016, Bruno Mars brought in $53.2 million from MGM Resorts

By Toni Gonzales | Las Vegas, NV

Let’s talk numbers for a minute shall we?

1.6.

300.

6400.

And finally 10.3.

These obviously are not the winning lotto numbers, at least not yours. But, they do mean something to Las Vegas headliner Bruno Mars. Three hundred is the average cost of a single ticket to see Mars live at the Park Theater inside the Park MGM.

Sixty-four hundred is the number of seats at said theater.

How about one point six? Well, that is one point six million, as in dollars. That is the average take of a live Bruno Mars performance.

And finally, 10.3. Any guesses? That’s also in reference to millions. Believe it or not, Bruno Mars took in $10.3 million dollars for his Las Vegas residency in July alone. Add in a double-header at the beginning of August for $3.1 million and for a total of eight shows, his residency has earned over $13-million dollars.

Even more impressive, since the launch of his residency in 2016 Mars has brought in $53.2 million from MGM  (including his MGM National Harbor on Oxon Hill, Md).

On the horizon are several big names with equally hefty paydays. Celine Dion is once again coming back to Las Vegas with an announced residency at Resorts World. Consider that her last stint at Caesars from March 2011 to June 2019 brought her $245.5 million dollars. Her previous residency brought in even more at $385 million dollars.

Newcomers Carrie Underwood and Katy Perry also have scheduled dates at Resorts World and both promise to pump in the dollars to their respective bank accounts. Also returning to their existing residencies are Gwen Stefani and Lady Gaga. Mother Monster recently announced added Jazz and Piano shows in October at the Park MGM. Gaga is reportedly earning a cool million per show. She reportedly took in more than the $16-million in her first Vegas go around.

Numbers and names aside, all of this is to say that the headliners are indeed getting a big payday. They sure don’t mind it. And while visitors to Vegas shake their fist at the ongoing pandemic, they don’t appear to mind paying for entertainment that only Vegas can provide. Just ask Bruno Mars.

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