KAOS Nightclub and Dayclub at the Palms Casino Resort in Las Vegas is closed, effective immediately. The promising club – which secured residencies from Skrillex, Marshmello, Cardi B and many more – faced challenges due to their cost structure that ultimately prevented organizers from continuing to operate.
In a statement from Red Rock Resorts, Inc. to KTNV Las Vegas, the company cites challenging entertainment and fixed costs as the reason for their decision. “Therefore, we have decided to take some time to reassess the programming and use of those venues going forward,” reads a passage. “In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations.”
From the start, KAOS appeared to be paying frothy valuations to secure their all-star talent roster. Marshmello reportedly received a record-breaking $60 million deal from the club. However, after just a few months the cracks began to show when both Marshmello and Skrillex abruptly ended their residencies in September.
KAOS’ fixed costs were equally steep. The venue’s 73,000 square foot dayclub and 29,000 square foot nightclub spoke for themselves. The club’s infrastructure also included the largest LED wall in Las Vegas as well as the most pools of any North American resort.
KAOS opened on April 4th, 2019 and was in business for just seven months before shutting its doors.