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Matt Cooper: Will U2 hit the jackpot with a lucrative move to the Vegas stage?

With residencies in Las Vegas yielding potentially enormous rewards, U2's latest plan makes good business sense – but audiences are more likely to be treated to the old favourites than any new output

Vegas plans: U2 still put on a hell of a show, albeit one that relies heavily on the back catalogue of early material. Picture: Getty

Bono will not go the way of Elvis, despite U2 apparently committing to taking up a “residency” at a Las Vegas venue to which fans can travel to see regular live shows.

For a start, the Irish singer is 20 years older than the American was when he died prematurely in Vegas in August 1977. Bono is not just healthier, but far more savvy and in control of his business affairs than Presley ever was.