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A law enforcement source told the outlet that Paddock had rented condos overlooking the Life Is Beautiful Festival, which took place in Las Vegas in late August.
The annual festival was headlined this year by Chance the Rapper and Lorde.
Weeks after the Life Is Beautiful Festival, Paddock checked into a room in the Mandalay Bay hotel on September 28. Three days later, from a broken window, his shooting spree left 59 people dead and more than 500 others injured in an estimated crowd of 22,000 concertgoers during the performance of Route 91's headlining act, Jason Aldean.
Police recovered a total of 42 guns from Paddock's home and hotel room. His motive remains unclear.