Playboy Executive Vice President Dick Rosenzweig said London was a perfect addition to the company's international expansion plans since it once housed one of the clubs where attractive women serve cocktails wearing skimpy bunny outfits, The Sunday Times of London reported.

"We are looking for opportunities around the world. London will be logical for us. We had some very good years there," Rosenzweig said.

London's Playboy club was closed 27 years ago after becoming the focus of illegal gambling allegations by police, the Times said.

Playboy, which is looking to expand its business ventures beyond its magazine base, could obtain its London gambling license in as little as two months and have its club and casino open by 2010.

The Times said the U.S. company opened a Las Vegas club two years ago and already has plans to create a Playboy casino and hotel in the Chinese region of Macau.