Daryl Easton, 61, was found by an employee hanging in a showroom. The death prompted the private club to close just before 7:30 p.m. Friday night.
Earlier reports indicated it was a possible suicide. Coroner officials said Saturday the motive is accidental and was still under investigation.
The non-profit Academy of Magical Arts issued a statement, calling Easton one of their most beloved and talented performers.
Easton won gold in an international magic competition, was a headline act at Caesar's Palace in Las Vegas for seven years and performed at President George W. Bush's inaugural ball.