I would not have normally posted, but the other user was a bit off in the song meaning. Yes it is a song about a girl and a guy who were young and in love. They both worked at a club. This was a dancing club I would assume in Miami, because of the reference that is was north of Havana. (Not in Havana) actually the copacabana was a hot night spot in the 30' 40's and 50's. Anyway her lover "Tony" saw her being hit on by another guy "Rico" Tony came over and Rico and Tony got into a fight, Then there was a gunshot. In the last verse Lola was at the club many years later (30 to be exact) and she was in her old dancing outfit. You could assume that "Tony" was the one who was shot and he died, because of the line that Lola lost her love. Byt on the reverse Tony could have shot Rico and recivied a life sentence in jail. Either way it ends lola still is alone with out her Tony.