follies

Etymology 1
From.

Noun

 * 1)  A lavishly-produced theatrical revue characterized by major stars, huge casts, and opulent costumes and scenery.
 * 1)  A lavishly-produced theatrical revue characterized by major stars, huge casts, and opulent costumes and scenery.
 * 1)  A lavishly-produced theatrical revue characterized by major stars, huge casts, and opulent costumes and scenery.

Usage notes

 * The theatrical sense is probably influenced by the French usage, as with the Folies Bergères in Paris.
 * The word is not really used any more, but the big Las Vegas shows meet the definition for follies.