Britney Spears Has Helped Revamp And Save Las Vegas's Planet Hollywood, Raking In A Reported $20 Million

By Kat Ernst (kat.ernst@mstarsnews.com) | Oct 16, 2014 05:41 PM EDT

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Las Vegas showstopper Britney Spears has proven that she's still at the top of her game, as the performer has raked in a reported $20 million for Planet Hollywood during her Piece of Me tour.

According to Wall Street gaming experts, Britney has helped revamp the once-struggling Las Vegas hotel and casino.

The "Hit Me Baby One More Time" singer has the attention of financial liaisons as she has boosted the hotel's annual operating earnings by about $20 million.

Naturally, we understand why the pop star's contract was renewed for another two years.

With Spears's two sons, Sean Preston, 9, and Jayden James, 8, MStars reported last month that the famous mama thinks Vegas was a good place to keep her family intact.

"I figured it'd be a really good place for the children and the family. It was kind of like an ideal situation," she said.

According to financial insiders speaking to the Las Vegas Sun, Britney has been singlehandedly instrumental in helping fill the Caesars Entertainment rooms and boosting profits to nearly $100 million. Caesars Entertainment took over the former Harrah's property after its $870 million debt obligations.

The Piece of Me show opened December 2013 in the hotel's AXIS Theater. This is the first residency show by Spears and comes after her completed Femme Fatale Tour that made a total of nearly $69 million.

According to Spears in a May 2013 interview with Shape magazine, she revealed that, "The performances won't be simple — they'll be a massive party from start to finish. And to pull this off, I have to be in top condition and running at full speed."

Spears is contracted to perform 50 shows per year for 2014 and 2015. She is reportedly earning $15 million per year.

Tickets for the show are priced anywhere from $59 for rear orchestra seating and up to $800-plus for front row VIP seating, according to ticketmaster.com.

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