Madonna has been offered the opportunity to stage a gig residency in Las Vegas, according to reports.

The singer has apparently been approached about a five-year run of shows, which could earn her more than $1 billion, reports the Metro.

Las Vegas has developed a reputation for artist residencies, with Elton John and Celine Dion staging previous stints in the city.

Madonna completed her Sticky & Sweet world tour last September, which grossed an estimated $408 million.

The star was recently linked to a reported hip-hop tour, which would last six months.

(by Jason Gregory)