Dance artist Kaskade is suing the owners of Las Vegas' Palms Casino Resort for breach of contract over his residency deal with the now-shuttered KAOS nightclub -- but his lawyers want to keep financial terms private.
"As a performer and entertainer, my professional activities and earnings are highly dependent on performance contract," Ryan Raddon, who performs as Kaskade, wrote in affidavit Jan. 10 to the judge overseeing his lawsuit against F.P. Holdings, a limited partnership connected to the Palms. Raddon accuses the company of failing to pay out the remainder of his contract after closing down its KAOS nightclub last year.
Opened in April 2019 with a residency from global superstar Marshmello as part of a $690 million renovation of the Palms, the club lost $28 million in July-September 2019, according to a Nov. 6, 2019, quarterly earnings call. KAOS closed in November 2019 and the company said on that call it anticipated another $12 million to $20 million over the following three months.