Venetian Las Vegas Sues Company for $2M Event Cancellation Fee
The Venetian Resort has sued QTLST Management and Shawn Copeland for over $2 million, alleging that the media management firm and its CEO violated an agreement for a corporate event that the casino resort in Las Vegas had to postpone earlier this summer.
According to its LinkedIn page, which claims a website (qtlst.com) that was never created, QTLST is a media production company situated in Los Angeles with two to ten employees.
In May 2024, QTLST signed a contract with Clark County District Court to hold "QTLST World Media Week" at the resort from July 26 to August 2, 2025, according to court filings made on August 27. In addition to dozens of luxury suites, meeting spaces, and a minimum commitment of $500,000 for food and beverage services, the contract included substantial room reservations, with approximately 1,500 rooms booked per night for four nights.
The payment plan called for a $229,200 down payment by June 10, 2024, with two more installments to follow. According to the terms of the contract, failure to achieve these deadlines would result in a $1,946,000 cancelation fee.
The lawsuit claims that QTLST Management did not fulfill its obligations to make any of the required payments.
In late October 2024, the Venetian issued a formal warning for missing the first deposit date. The resort ended the contract on November 2, 2024, after no money was received. According to the complaint, other demand letters and invoices that were submitted in November and December were not responded to.
Three counts of fraud, unjust enrichment, and breach of contract are alleged in the casino resort's claim. The Venetian requests repayment for legal fees, the full cancellation fee, 18% interest on the outstanding balance, and any other damages the court deems reasonable.
“QTLST reserved 1,535 hotel rooms per night for four consecutive nights (from July 28, 2025, through and including July 31, 2025), as well as twenty-five (25) suites for July 26, 2025, thirty (30) suites for July 27, 2025, and twenty-five (25) suites for August 1, 2025,” the lawsuit reads.
The financial dangers associated with large-scale corporate events on the Las Vegas Strip, where contracts can contain thousands of pricey room nights and significant food and beverage guarantees, are highlighted by disagreements such as this one, according to industry observers.
The matter is presently under resolution in the District Court of Clark County. When interest and legal costs are taken into account, Copeland and QTLST may be left with a much greater financial burden if the court decides in favor of The Venetian.
