The virtual arcade of the 80’s and 90’s, New Retro Arcade: Neon, has been released to Windows via Steam for the Oculus Rift and HTC Vive HMDs as well as regular displays. New Retro Arcade is a 3D arcade that lets you hook ROMs into virtual arcade cabinets as well as virtual consoles. It also has other attractions built-in like skeeball (invented in Philadelphia!), basketball machines, air hockey, and more. The game supports multiplayer, but ROMs won’t be shared to other players so you’re limited to the attractions. You can also modify the arcade to swap out cabinet artwork that matches the games you install along with changing the other in-game art and music.
I played New Retro Arcade back when it was a tech demo, and there is a free demo available on Steam if you didn’t get the chance. Virtual spaces have always been interesting to me since back in the day my friends worked on an avatar chat system called OpenVerse.