Britney Spears
Britney Spears signs Vegas residency/Reuters Reuters

American singer Britney Spears has reportedly signed a deal with Caesars Entertainment in Las Vegas, for a series of nightly shows in the American city. The 31-year-old singer is reportedly excited about the prospect of her own musical revue and is expected to sign a multi-million dollar deal at the city's Planet Hollywood venue.

Sources have told entertainment website TMZ Spear's act will bring a "cool, hip club-like show" feel to the table and will change on a regular basis. The Baby One More Time singer is believed to have begun rehearsals and has taken a personal interest in choreography. The agreement, incidentally, also calls for Spears to appear at pool parties at the nightclub.

"The plan is for Britney to begin the shows around New Years Eve with a huge concert on the last night of the year. Rehearsals are already under way. Expect Britney to appear at a press conference in Las Vegas and announce further details. It's a very exciting time in Britney's life and she has never been better," sources close to the Toxic singer explained.

Meanwhile, there have been conflicting reports about the role of Los Angeles judge Reva Goetz in this matter. Britney Spears has been under a conservatorship order since 2008, when she suffered mental problems.

Some reports say Goetz had to be talked into allowing Spears to function under the pressure of a nightly revue, while others, particularly the TMZ report, say there has been no cause for disagreement between Spears and Goetz. A report by Radar Online backed TMZ's claim.

"The judge was impressed with how happy and excited Britney was. Britney assured Goetz she could handle the stress and felt comfortable with the performance schedule," a source explained.

Eighth Album

Meanwhile, fellow musician has said he is excited about working with Britney Spears over their new album. The 38-year-old told Billboard, "We start next week. Before we even start we've had these juicy sessions, where we've been bonding, building the trust and comfort. I've never worked like this before - not even the Peas."