Brad Pitt and George Clooney are reportedly going into the hotel business in Las Vegas.

The two pals have signed a deal with supermodel Cindy Crawford's restaurateur husband Rande Gerber to build a new hotel and casino with building work due to begin in January, say US reports.

"George and Brad are not putting in any money, but they will be getting a percentage of the profits," a source told the New York Post.

"Brad will design the hotel and be the face of it with George."

Pitt's rep confirmed to the Post the 41-year-old actor was doing "some sort of business with Gerber" but declined further comment, as did Clooney's rep.

In 2001's Ocean's 11, Pitt and Clooney played a couple of gangsters who stage heists on three major Vegas casinos.

Source: Press Release