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Money lost : New blow for Katy Perry

Pop star Katy Perry has been hit with money woes after her lucrative Las Vegas residency was branded a “disaster”. SEE THE VIDEO

The complete downfall of Katy Perry

She’s been brought back to earth.

Katy Perry is no longer wanted in Las Vegas, after her three-year residency at Resorts World apparently bombed — and actually lost the luxury hotel and casino money.

“The residency was a disaster for Resorts World, a complete failure,” a source told Paula Froelich of NewsNation.

“There was a bidding war between Resorts World and Caesars … and Caesars technically lost out — but in the end, Caesars won.”

Katy Perry’s three-year residency at Resorts World in Las Vegas has flopped. Picture: Getty Images
Katy Perry’s three-year residency at Resorts World in Las Vegas has flopped. Picture: Getty Images

Perry, 40, who has a net worth of $US400 million ($623 million), was earning a hefty sum from the residency, dubbed “Katy Perry: PLAY,” which ran from 2021 to 2023.

“Katy was getting paid between $750,000 and $900,000 a show because of the bidding war and the entire run she underperformed and Resorts World lost money,” the source added.

The pop star has been hit with poor ticket sales. Picture: AFP
The pop star has been hit with poor ticket sales. Picture: AFP
Katy Perry’s Blue Origin space mission, as part of an all-female crew, was widely ridiculed. Picture: Instagram/Katy Perry
Katy Perry’s Blue Origin space mission, as part of an all-female crew, was widely ridiculed. Picture: Instagram/Katy Perry

To add insult to injury, the Grammy nominee’s 2024 album, “143,” disappeared from the charts after a mere two weeks, and her “Lifetimes” tour suffered from poor ticket sales after her April star-studded journey to space earned her immense public ridicule.

The songstress had her heart set on more residencies in Sin City.

“I can see myself being in Vegas for periods of time for the rest of my life, especially since I live so close in California,” she gushed to Las Vegas Weekly. “I’ll still go on tours and be putting out records, but it’s a great touchstone to come back to.”

Perry’s reps did not return The Post’s request for comment.

This article was originally published in the New York Post

Originally published as Money lost : New blow for Katy Perry

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Original URL: https://www.couriermail.com.au/entertainment/celebrity-life/money-lost-new-blow-for-katy-perry/news-story/345ce0823bd7868b70fb6e5ff7d96102