Business
Dave & Buster’s to open 20 stores in India and Australia
The entertainment destination announces international franchise partnership with the Malpani Group and NightOwl EntertainmentDALLAS, June 06, 2023 (GLOBE
About this update from Dave & Buster's Entertainment, Inc.
[{"type":"text","content":"The entertainment destination announces international franchise partnership with the Malpani Group and NightOwl EntertainmentDALLAS, 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 unp...