Britney Spears has been offered $12 million to extend her Las Vegas residency for two more years. Caesars Palace President Gary Selesner told the New York Daily News that the 32-year-old singer has been given the chance to continue her Planet Hollywood show through, at least, Christmas of 2016. "Britney Spears has been a great success for the company and will be extended, if she wants to do it, and I cannot see why not," Selesner said, adding that the pop princess "has been filling out the place every night, and she's enjoying it." "She has a good life, coming in on private jet," Selesner continued. "She has a villa upstairs at Caesars and really enjoys it here -- so why wouldn't she stay?" Spears' new offer would add to the $30 million she received for the first two years of her residency in Sin City. Although the "Work Bitch" singer reportedly lip-syncs her way through her 90-minute performances, Selesner said her shows have been a success. "You just didn't know what was going to happen," he said, explaining he took a "gamble" with the singer. "But the fans loved her. And she has so many fans from all over the world, that the support has been fantastic."