Hugh Hefner aims to expand his business empire

Playboy’s owner wants to open London and Macau casinos

2010-08-02
Reading time 55 seg

He said: “We will be announcing casinos in both Macau and London. As far as media goes, I think we'll be involved in more mainstream ventures. Then he added: “We already have spin-offs of ‘The Girls Next Door’ on the E! Channel with both Holly Madison and Kendra Wilkinson, as well as a pilot with Bridget Marquardt on A&E. We're going to be doing more of that. “That's the direction we're moving in; we're moving away from the adult programming because it's not the future. I think it gets in the way of who we are, and who we want to be.”

The media mogul believes that as time goes by, his other ventures will become more famous and even more successful than the iconic men’s magazine he founded. He explained in an interview with website The Daily Beast: “Frankly, early on, as a single title company, the strength of the brand led us into other directions. The first Playboy products - cuff links, T-shirts, and things of that kind - began in the late '50s and the first Playboy club opened in 1960.”

“In their early years, the Playboy clubs were so hugely popular that the company's ability as a ‘branding’ vehicle became obvious. “In the early years the magazine carried the brand while I think that, in the future, the brand will increasingly help to carry the magazine,” he concluded.

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