The shuttered Karma nightclub space in downtown Minneapolis finally has a new tenant. It’s called Insert Coin(s), an ultralounge that’s a mix between a dance club and a video game arcade. The concept has one other location in downtown Las Vegas that’s a favorite hangout for athletes and visiting celebrities. Owner Chris LaPorte has signed a lease with building owner Ned Abdul and is hoping to open in late 2012.

LaPorte, a self-described professional nerd (who used to compete in “Street Fighter” tournaments), opened the original Insert Coin(s) just over a year ago. He’s bringing the concept to Minneapolis because his business partner, spine surgeon Stefano M. Sinicropi, resides here.

While Insert Coin(s) has an arcade component, don’t expect another Gameworks. It’s not a family fun center, LaPorte said. “We call ourselves interactive nightlife,” he said. There’s a dance floor and DJs performing every night. The Vegas location has 60 fully-restored classic arcade cabinet games, as well as gaming consoles at the bar. So instead of watching ESPN, you can play the newest “Madden” or “Red Dead Redemption” from your stool. You can also play Xbox and Playstation 3 at your swanky booth, plus order bottle service. The original Insert Coin(s) has also hosted live performances by artists like De La Soul and Talib Kweli. The Karma space is almost twice the size of the Vegas location, so LaPorte said customers can expect some new additions to this “videolounge gamebar.” He thinks the concept will fit right into downtown’s party-hard scene.

“The video game demographic is everybody,” LaPorte said.

Stay tuned for more updates.

More info: www.insertcoinslv.com

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