Yes they have several bar areas inside the Magic Castle where you can get a drink and bar food.
It's your preference, if you want to get the prelims going, but if you go for the whole Magic Castle exp. it's a pretty fun and long night if drinking. There are bars inside and if you made reservations for dinner that's approximately about an hour. All that said it's a great time and its Hollywood(plenty of bars)
There are several bars in the castle. Pub crawl them all!
You will have dinner before your show time. There are a couple of bars throughout the Castle you can visit. Make sure you go see Irma, the piano playing ghost. She has a bird in a gilded cage that if you drop a tip into that cage, she will play ANY song you request, she hasn't been stumped by a request yet. She knows all and plays all.
A few different bars throughout the castle and they have a restaurant as well.
There are a few bars to choose from. They also serve appetizers and such.
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