Strip clubs are venues that regularly provide adult entertainment, predominantly in the form of striptease or other erotic or exotic dances. Strip clubs typically adopt a nightclub or bar style, and can also adopt a theatre or cabaret-style. American-style strip clubs began to appear outside of North America after World War II, arriving in Asia in the late 1940s and Europe in 1950, where they competed against the local English and French styles of striptease and erotic performances.
As of 2005, the size of the global strip club industry was estimated to be US$75 billion. In 2002, the size of the U.S. strip club industry was estimated to be US$3.1 billion, generating 19% of the total gross revenue in legal adult entertainment. SEC filings and state liquor control records available at that time indicated that there were at least 2,500 strip clubs in the United States, and since that time, the number of clubs in the U.S. has grown. Profitability of strip clubs, as with other service-oriented businesses, is largely driven by location and customer spending habits. The better appointed a club is, in terms of its quality of facilities, equipment, furniture, and other elements, the more likely customers are to encounter cover charges and fees for premium features such as VIP rooms. The popularity of a given club is an indicator of its quality, as is the word-of-mouth among customers who have visited a cross section of clubs in different regions. (Full article...)