Not really a strip club, as...

Not really a strip club, as Iceland doesn't really have those anymore. There are girls working who are wearing slutty clothes, and they will try to talk you into buying them extraordinarily overpriced drinks (on the order of $50 US) or more or to go to the equivalent of VIP. Don't go in with great expectations, but if you want to blow a lot of money on not much. This is the place for you.

It's an upstairs club right in the middle of Reykjavik. The good thing is once you've blown most of your cash here, the cheapest bar in all of Reykjavik is just two doors down.