Playboy boss Hugh Hefner has slammed reports he's retiring from his hard-partying ways at the Playboy mansion. The 82-year-old mogul was rumored to have scheduled his last celebration at the infamous estate with this year's Halloween party.

But, according to the New York Post, Hefner's hosting duties - and his libido - are still roaring, despite reports the famous Playboy parties are costing him dear.

He tells the newspaper, "These parties pay for themselves," adding the sponsorships and ticket sales cover outstanding event costs.

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(This news article provided by World Entertainment News Network)