Former Playboy model Holly Madison is becoming a bar owner by opening a new speakeasy lounge at the Mandalay Bay Resort and Casino in Las Vegas, Nevada.

Hugh Hefner's ex-girlfriend is opening a "social lounge" called 1923 Bourbon & Burlesque, a bar inspired by the style of prohibition-era hangouts.

The venue will feature nightly live performances from a four-piece band as well as scantily clad dancers working the room.

This isn't Madison's first venture in Sin City - she starred in Planet Hollywood's topless burlesque revue, Peepshow, for three years before leaving to have her first child, daughter Rainbow Aurora, in 2012.

Madison's lounge will open on 17 April (14).