The Sun reported that the 54-year-old singer is in talks for a $120 million contract.
Kylie is excited and ready to sign up for a 12-week run performing in Sin City.
The Australian superstar flew to Las Vegas in May to start scouting for potential venues for the residency.
It’s been reported that Caesar’s Palace and Planet Hollywood are keen to have the singer in their line-up and have put forward their venues.
A source has said, "While Kylie may not have a huge profile Stateside, she is an absolutely massive draw for the Brits.”
"She has a cult gay following especially, and it's felt she will easily draw in the pink pound.”
Adele debuted her show in Caesar's Palace last week and is reported to be earning £750,000 per show!
“It’s a no brainer for Kylie – easy money, and no touring.” the source said, “Everyone involved is hugely excited about the prospect.”