A "Gangnam Style" dance competition will be held in the U.S.

The Belasco, a famous theater-cum-club in Los Angeles, announced on its official website that the contest named after Psy's hit song will be held this Saturday.

The winner will walk away with prize money of US$1,000.

The Belasco has hosted concerts by numerous pop stars and world-famous DJs including Lady Gaga and deadmau5.