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Hefner penthouse is planned in Las Vegas

Hugh Hefner is coming to Las Vegas, where he'll have a vertical version of his Playboy mansion — a nearly 12,000-square-foot love shack on top of the Palms hotel-casino's 40-story tower that's under construction.

The two-story suite will be named the Hugh Hefner Sky Villa. It will have its own glass elevator that overlooks the Strip, along with indoor and outdoor pools.

The deal will allow the Palms to use the iconic brand in Nevada and in the tower's new nightclub, boutique casino and lounge, along with a retail Playboy store.