KAOS Nightclub in Las Vegas closes six months after opening, posts massive losses
The night and day club has closed due to expense
KAOS nightclub in Las Vegas has been forced to close down.
The dayclub and nightclub at the Palms has welcomed the likes of Above & Beyond, Deadmau5, Gorgon City, and Skrillex since opening its doors six months ago, and boasted a sculpture by Damien Hurst and the biggest LED-wall in Vegas. Now, Red Rock Resort have issued a statement advising of the club's closure, citing losses of over $20 million in the third quarter of 2019.
In the statement, Red Rock Resort said: "This afternoon, Red Rock Resorts, Inc. announced the closing of KAOS dayclub and nightclub at the Palms Casino Resort, effective immediately. While Palms has experienced exceptional growth across both the gaming and non-gaming segments of the business, the expense side of the business has been challenging to date, due in large part to the entertainment and fixed cost structure associated with KAOS. Therefore, we have decided to take some time to reassess the programming and use of those venues going forward. In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations."
KAOS isn't the first club closure in Las Vegas this year, with Wynn Nightlife's Intrigue closing its doors in May for the final time.
EDC Las Vegas recently opened its waiting list for 2020 tickets.
