EXHIBIT 99.1

                                  NEWS RELEASE

                                                           FOR IMMEDIATE RELEASE
                                                   FOR MORE INFORMATION CONTACT:
                                                  GERALYN DEBUSK OR JEFF ELLIOTT
                                                  Halliburton Investor Relations
                                                                    972-458-8000

                 DAVE & BUSTER'S COMPLETES ACQUISITION OF ASSETS
                              OF CANADIAN LICENSEE

DALLAS, October 8, 2003 -- Dave & Buster's (NYSE: DAB) today announced it has
completed the purchase of the business and assets of its Canadian licensee,
Funtime Hospitality Corp., for approximately US$3.6 million, plus the assumption
of certain liabilities. As previously announced, the transaction terminates
Funtime's rights to license and develop Dave & Buster's locations in Canada. The
company expects the operations to be immediately accretive to earnings and to
contribute approximately $0.02 to $0.04 in earnings per share in the first full
year of operations.

About Dave & Buster's

Founded in 1982, Dave & Buster's is one of the country's leading upscale,
restaurant/entertainment concepts, with 33 Dave & Buster's locations throughout
the United States and Canada. Additionally, Dave & Buster's has international
development and license agreements for the Pacific Rim, the Middle East and
Mexico. Further information, including the current investor presentation, can be
found on the Company's Web site, www.daveandbusters.com.

Forward-Looking Statements

Certain information contained in this press release includes forward-looking
statements. Forward-looking statements include statements regarding our
expectations, beliefs, intentions, plans, projections, objectives, goals,
strategies, future events or performance and underlying assumptions and other
statements which are other than statements of historical facts. These statements
may be identified, without limitations, by the use of forward looking
terminology such as "may," "will," "anticipates," "expects," "projects,"
"believes," "intends," "should," or comparable terms or the negative thereof.
All forward-looking statements included in this press release are based on
information available to us on the date hereof. Such statements speak only as of
the date hereof. These statements involve risks and uncertainties that could
cause actual results to differ materially from those described in the
statements. These risks and uncertainties include, but are not limited to, the
following: our ability to open new high-volume restaurant/entertainment
complexes; our ability to raise and access sufficient capital in the future;
changes in consumer preferences, general economic conditions or consumer
discretionary spending; the outbreak or continuation of war or other hostilities
involving the United States; potential fluctuation in our quarterly operating
result due to seasonality and other factors; the continued service of key
management personnel; our ability to attract, motivate and retain qualified
personnel; the impact of federal, state or local government regulations relating
to our personnel or the sale of food or alcoholic beverages; the impact of
litigation; the effect of competition in our industry; additional costs
associated with compliance with the Sarbanes-Oxley Act and related regulations
and requirements; and other risk factors described from time to time in our
reports filed with the SEC.

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