Inside Marshmello's $60 million Las Vegas megadeal:
Marshmello’s earnings are about to get jet-puffed with a residency deal worth $60 million over two years. Traditionally, dessert is the last part of a delicious meal. For the freshly renovated Palms Casino Resort in Las Vegas, it’s the starter: Marshmello will open the hotel’s new Kaos Dayclub and Nightclub with a performance on April 4.
The gig will be just the first taste of an expansive residency pact worth $60 million over two years, according to sources close to the negotiation; Marshmello should play several dozen gigs at Kaos annually, putting his average nightly haul a bit short of $1 million. Representatives for Marshmello and the Palms declined to comment on the financial details, but the two sides spoke glowingly of their agreement.
“We’re really excited about the partnership with Marshmello and the team that works with him,” says Jon Gray, general manager of the Palms, pointing out that Marshmello’s show will boast custom touches including a 360-degree rotating stage. “We have an opportunity to create a one-of-a-kind show that you can only see here.”
“Not many other dayclub and nightclubs in the world can compare to the amount of detail, quality and craftsmanship” that went into Kaos, added Moe Shalizi, Marshmello’s manager and a fellowThe deal will cover more than Kaos, whose combined indoor and outdoor space should make it the biggest in Sin City. According to Gray, Marshmello-branded items will be scattered throughout the Palms, which has undergone a $690 million renovation over the past two years.
Just don’t expect to see an army of Marshmello clones fanning out across the country to play simultaneous shows.
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