06.06.2023 23:30:05 - dpa-AFX: GNW-Adhoc: Dave & Buster's to open 20 stores in India and Australia

DALLAS, June 06, 2023 (GLOBE NEWSWIRE) -- Dave & Buster's, the ultimate
destination for food, drinks, and entertainment, announces two more significant
deals for its global expansion plans. The first deal includes a 15-store
partnership in India with the Malpani Group, and the second deal comprises a 5-
store partnership with the NightOwl Entertainment Group in Australia. These
strategic alliances mark Dave & Buster's second and third multi-store franchise
agreements, firmly cementing the brand in the APAC and MEA regions with a total
of 31 stores committed to development since global expansion plans were
announced in 2022.
"We're thrilled to partner with the Malpani Group to bring the Dave & Buster's
experience to the Indian consumer, as India's vibrant economy has ranked the
country in the top 5 globally. The Malpani Group, known for its passion for
innovation and diversified growth, is poised to dominate the indoor and outdoor
entertainment industry," said Antonio Bautista Chief International Development
Officer for Dave & Buster's. He added, "Likewise, we're delighted to join forces
with the NightOwl Entertainment Group, a forward-thinking hospitality and
entertainment company revolutionizing the industry in Australia. Australia's
dynamic market presents a significant opportunity for growth, and the NightOwl
Entertainment Group, renowned for its innovative approach, is the ideal partner
for our brand. We can't wait to bring our unparalleled entertainment experience
to this vibrant market."
Jai Malpani, Director of Malpani Group, expressed his enthusiasm for the
partnership. "We are delighted to partner with Dave & Buster's, an established
brand with a proven track record in the entertainment industry," said Malpani.
"We believe their expertise in family entertainment and dining experiences will
complement our portfolio, and we look forward to a successful collaboration."
David Heaton, the Founder and CEO of NightOwl Entertainment, also shared his
excitement for the partnership. "We're incredibly excited to partner with the
brand that pioneered location-based entertainment and continues to be the point
of reference globally in this space," said Heaton. "We're confident that
together, we'll bring unparalleled experiences to our customers."
Dave & Buster's has implemented several strategic initiatives to ensure a
successful global expansion, including a customizable footprint tailored to meet
specific market requirements and the localization of menu offerings with high
regional resonance to cater to local preferences and tastes. They have also
introduced a proprietary dynamic pricing model to offer flexible pricing
options, launched global marketing programs that are demographically agnostic
yet locally executable, and implemented a unique amusement strategy and packages
to differentiate themselves in the market.
Dave & Buster's is also excited to offer localized entertainment and late-night
programming for customers and introduce immersive experiences to enhance
customer engagement in the competitive socializing space. With these
initiatives, Dave & Buster's is confident they will provide an exceptional
experience to their global customers.
About Dave & Buster's
Founded in 1982 and headquartered in Coppell, Texas, Dave & Buster's
Entertainment, Inc., is the owner and operator of 200 venues in North America
that offer premier entertainment and dining experiences to guests through two
distinct brands: Dave & Buster's and Main Event. Dave & Buster's has 152 stores
in 41 states, Puerto Rico, and Canada and offers guests the opportunity to "Eat,
Drink, Play and Watch," all in one location. Each store offers a full menu of
entrées and appetizers, a complete selection of alcoholic and non-alcoholic
beverages, and an extensive assortment of entertainment attractions centered
around playing games and watching live sports and other televised events. Main
Event operates 52 centers in 17 states across the country and offers state-of-
the-art bowling, laser tag, hundreds of arcade games, and virtual reality,
making it the perfect place for families to connect and make memories. For more
information about each brand, visit www.daveandbusters.com
(http://www.daveandbusters.com) and www.mainevent.com (http://www.mainevent.com)
About Malpani Group:
The Malpani Group from Sangamner is a well-diversified business house with
interests in renewable energy, FMCG products, real estate, hotels, and more.
However, the group's success story goes beyond its diverse portfolio of
businesses. The Malpani Group has always been committed to customer satisfaction
and social responsibility, which has been the key to its phenomenal growth.
Currently, the Malpani Group is one of the leading owners and operators of
amusement and water parks in India. They operate India's largest theme and water
park, Imagicaa, along with five other parks in India. Their amusement and water
parks have become a popular destination for families, thrill-seekers, and
tourists, offering a unique and immersive experience for all ages. With their
unwavering commitment to excellence and customer satisfaction, the Malpani Group
has set a new standard for business success and social responsibility,
reflecting their strong belief in giving back to society.
About NightOwl Entertainment
Established in 2008, NightOwl Entertainment is one of Perth's largest
hospitality groups. Operating several venues across Perth and building many more
nationally! Each with a distinct identity and target demographic. In the
business of pubs and clubs and now location Based Entertainment practicing a
strong corporate ethos and boasting one of the most sophisticated management
systems in the industry, with centralized processes and procedures, best
practice data analytics, and bespoke in-house training for staff.
Media Contact:
Antonio Bautista
Antonio.Bautista@daveandbusters.com (mailto:Antonio.Bautista@daveandbusters.com)
Â
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DAVE+BASTERS ENTER.DL-,01 A1J5S8 Frankfurt 43,600 30.05.24 08:00:12 -1,000 -2,24% 44,400 44,800 43,600 44,600

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH