Exhibit 14.1
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Form 10-KSB
Million Dollar Saloon, Inc.
File No. 0-27006


                           MILLION DOLLAR SALOON, INC.
                            FINANCIAL CODE OF ETHICS


As a public  company,  it is of critical  importance that Million Dollar Saloon,
Inc.'s ("Million Dollar") filings with the Securities and Exchange Commission be
accurate and timely.  Depending on their position with Million Dollar, employees
may be called upon to provide information to assure that Million Dollar's public
reports are complete,  fair, and  understandable.  Million Dollar expects all of
its employees to take this  responsibility  seriously and to provide  prompt and
accurate  answers to inquiries  related to Million  Dollar's  public  disclosure
requirements.

Million Dollar's Finance Department bears a special responsibility for promoting
integrity throughout Million Dollar, with  responsibilities to stakeholders both
inside and outside of Million Dollar.  The Chief Executive Officer (CEO),  Chief
Financial  Officer (CFO), and Finance  Department  personnel have a special role
both to adhere to the  principles of integrity and also to ensure that a culture
exists  throughout  Million  Dollar as a whole that  ensures the fair and timely
reporting of Million Dollar's financial results and conditions.  Because of this
special  role,  the CEO,  CFO,  and all  members  of  Million  Dollar's  Finance
Department  are bound by  Million  Dollar's  Financial  Code of  Ethics,  and by
accepting the Financial Code of Ethics, each agrees that they will:

     o    Act with honesty and integrity, avoiding actual or actual conflicts of
          interest in personal and professional relationships.
     o    Provide information that is accurate, complete,  objective,  relevant,
          timely and understandable to ensure full, fair, accurate,  timely, and
          understandable  disclosure in the reports and  documents  that Million
          Dollar  files with,  or submits to,  government  agencies and in other
          public communications.
     o    Comply  with the rules and  regulations  of  federal,  state and local
          governments,  and other  appropriate  private  and  public  regulatory
          agencies.
     o    Act  in  good  faith,  responsibly,  with  due  care,  competence  and
          diligence,  without  misrepresenting  material facts or allowing one's
          independent judgment to be subordinated.
     o    Respect the  confidentiality of information  acquired in the course of
          one's work,  except when authorized or otherwise  legally obligated to
          disclose.  Confidential  information  acquired  in the course of one's
          work will not be used for personal advantage.
     o    Share job  knowledge  and maintain  skills  important  and relevant to
          stakeholders  needs  . o  Proactively  promote  and be an  example  of
          ethical  behavior as a responsible  partner  among peers,  in the work
          environment and in the community.
     o    Achieve  responsible  use of, and control  over,  all  Million  Dollar
          assets and resources  employed by, or entrusted to yourself,  and your
          department.
     o    Receive  the  full and  active  support  and  cooperation  of  Million
          Dollar's  Officers,  Sr. Staff,  and all employees in the adherence to
          this Financial Code of Ethics.
     o    Promptly  report  to the  CEO or CFO  any  conduct  believed  to be in
          violation of law or business  ethics or in violation of any  provision
          of this Code of Ethics, including any transaction or relationship that
          reasonably could be expected to give rise to such a conflict. Further,
          to promptly  report to the Chair of Million  Dollar's Audit  Committee
          such  conduct  if by the CEO or CFO or if they  fail to  correct  such
          conduct by others in a reasonable period of time.