Queen of Pop 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 Sun.

The mega deal would make her the world’s third female billionaire entertainer, alongside chat show queen Oprah Winfrey and Harry Potter author JK Rowling.

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

Presently, it is not known if the deal would conflict with her $120 million deal with Live Nation to distribute three studio albums, promote concert tours, sell merchandise and license her name.