1530 S. State St. · Chicago IL 60605 · 312.842.4444

Restaurants are involved in the gambling industry

Just as more and more restaurants in states where marijuana has been legalized are targeting its consumers, the restaurant industry is teaming up with the sports betting business. The logic is clear – it allows for increased revenue, and quite substantially. The fact is that there are forecasts that relate to the global sports betting market – and according to these forecasts, it will grow at a rate of 10.1% and reach 140.26 billion dollars by 2028, such a forecast was given by Grand View Research.

This is particularly due to the fact that more than three dozen states have already authorized betting on sports through retail or online bookmakers. That said, most of this authorization is in the online realm, so it’s unlikely to expect the restaurant business to jump right in. Especially considering that the field is actually not as simple as it might seem. At the same time, many of them are already ready to enter the gambling business and are actively working in this direction.

The New York Restaurant Association is one such group that actively promotes sports betting in establishments. In late 2021, the association teamed up with gaming company Elys Game Technology. In tandem, they have developed a working model for sports betting in restaurants with the expectation that such a model will be implemented in the very near future. Right now, the restaurant industry in New York, as well as their counterparts in other states, are actively pressuring lawmakers to pass clear rules on the issue, as they are currently very vague.

And this is especially important considering that many restaurant brands are already partnering with bookmakers. Buffalo Wild Wings, for example, has already teamed up with MGM Resorts to promote the use of MGM’s smartphone gaming app in conjunction with brand promotion. And Hooters of America announced an alliance with sports betting company Draft Kings and that it is close to a deal with PointsBet, another sports betting firm.

The restaurant business sees the appeal to sports betting enthusiasts as an additional opportunity for itself, as it allows restaurants to attract additional clientele, and a very large one at that. At the same time, betting shops are also gaining new interested customers.

The number of states that have legalized gambling is expected to grow. Accordingly, this will open up opportunities for the restaurant business.

The material was created with the support of Promocode1win.com

What Our Guests Are Saying

Tapas Valencia is only a few minutes from the center of downtown and definitely worth visiting. The food choices are excellent and the portions are very generous. I love the bacon- wrapped dates, the tilapia, and the mahi-mahi. My husband loves the toast pints with Alaskan king crab and the skirt steak. Honestly, everything we’ve tried has been delicious and at a reasonable price. Those with a sweet tooth will love the desserts. The staff is so friendly that you feel like you are family.
-Maureen

Tapas Valencia is always a treat. Their Gambas al Ajillo are absolutely delicious along with Queso de cabra, pork loin topped with caramelized onion placed atop French bread. Of course, let’s not forgot the Sangria! All making it a great meal to share with friends.

Was looking for a Tapas place over Valentine’s Day. We found Tapas Valencia via an internet search. We were intrigued by the menu selection, along with the on line reviews. We liked the fact that we were able to make a reservation and when we arrived we were seated right away. Our server was very knowledgeable and gave us excellent suggestions on food, wine and beer. The added treat was the Flamenco guitar players and dancer. Truly added a lot to the experience. All the food was very delicious and a good size helping for 4 to try each Tapas.
-Joann

This is the best tapas restaurant in town. The food selection is quite varied. You’ll find all the “usual” tapas you find at other restaurants in town, but also many that you don’t find elsewhere. The food is fresh, service impeccable, and it’s not too noisy to have a conversation. We were there on a Saturday night and there was even live music!

Having visited Valencia, Spain some years ago, I’d dreamt of returning to enjoy 3 things: the Valencia oranges right off the tree, the flan & especially the Paella Marisco. I always remembered how delicious these were there. Now I’ve found a place right here in Chicago with a wonderful ambiance & extraordinary food & service. Everything was superb. I’ll definitely be back.

Tapas Valencia is always a great restaurant with great food, great service and a manager that goes above and beyond.

Tapas Valencia is a great neighborhood delight in the South Loop. We have been there for gatherings of friends to share each other’s favorites. We have been there for family birthdays and found a great enough variety that even our picky grandchildren found food they really liked. We highly recommend it.

Everything about our dining experience was great: Authentic tapas in a wonderful, festive atmosphere. We will definitely return soon.

Tapas Valencia continues to be our favorite neighborhood spot!

Always a pleasure to dine at Tapas Valencia. Expect to be checked on frequently by the manager, your server, and bus help. This visit, we tried “Gambas al Ajillo”; a delicious grilled shrimp tapas with a light, creamy, lemon sauce that perfectly complimented the dish. In addition, a container of their signature marinated olives accompanied us home.

We really enjoyed dinner at Tapas Valencia. I was surprised by live music and flamenco dancing on Saturday night. Our service was prompt and attentive to my needs and food allergies. He made great recommendations, which we really enjoyed. Two out of the three in our party returned to enjoy this restaurant again two nights later on the same business trip.

We had a great experience. The restaurant is really nice looking, the food was great, the staff very nice. I highly recommend.

The half dozen times I have eaten at Valencia the service is excellent for their price point. They bring fresh plates, fill up bread & water as needed and keep the table free from water spills/drips. The food is interesting and tasty.

This is a great spot for brunch. Many delicious options and a great value.

We frequent Tapas Valencia; going out of our comfort zone to try different offerings, and have never been disappointed. The service is measured; never hurried or”hovering”. Our favorites include the virgin mojitos, anything seafood, Patatas con Alioli, Dátiles con Tocino, among others. One of the few eateries in the S. Loop that opens early (4:00 pm) and provides reasonable valet parking. A true gem in a sea of “ho-hum-millennial-neighborhood-bar-food-restaurants”.

It was a great experience. My reservation was at 6:30 pm, but my family and I got there 45 minutes before. We got a table right away and the service was great. Even though the restaurant seems to be for adults only, there was no problem in taking our 7 and 3 year old daughters. it really exceeded our expectations. (good price, service, and great food).

We went to Tapas Valencia last night and had a wonderful time. It was a goodbye party to a post doc in our department. The restaurant was a great venue, roomy, not too noisy, the food and drink were great, and the wait staff attentive. We’ll be going back!
-Bill

This is my favorite restaurant. We go there as often as we can. Food is delicious, staff very professional and polite. Atmosphere is very pleasant and for casual and for special occasions.
-Jacob

We went to Barcelona in October of 2014 and Tapas Valencia has been a favorite since…vegetarian and gluten-free options…service is great friendly staff! This was a Birthday Celebration for me.
-Dale

Amazing plates and exceptional service. Top notch ambiance. Perfect for a date night extravaganza!! So many small plate gems. Too many to list…oh and great drinks!
-Logan

This is a South Loop must! The food, service and atmosphere are always tops!

Tapas Valencia is still our favorite restaurant for tapas outside of Spain. From the warm greeting to knowing Jose will always stop by and say hello, the service, cuisine, and atmosphere are incredible!!

Awesome as always!! This has become an annual visit when we come for our convention. Lots of time to relax and visit.

The food is always outstanding! The service from the moment you walk in is great. The live music was enjoyable and it’s done tasteful as to not interfere with dinner conversation. Love this place. I changed my reservation a few times and they accommodated me.

I love this place! The service was excellent and food delicious! The General Manger personally came over to our table to introduce himself, nice touch. The location in South Loop is great where street parking is free after 6pm. I’ll definitely be back!

I have been here a number of times and have NEVER been disappointed. The staff is so friendly (especially the manager and the server Francisco!) and accommodating, and the food is delicious! This is a perfect spot for a date, family dinner or gathering with friends.

Our experience was great, we definitely enjoyed the ambiance.  The staff was excellent as well, all of our needs were met.  Happy Holidays!

Keisha

The event yesterday was excellent!  Everyone loved the food and the atmosphere.  Also, the staff were all great – friendly, attentive, and kind.  I would consider yesterday a great success.  THANK YOU!

Leigh

Everything from our welcome to departure was fantastic. Brian, our server, was friendly and helpful with wine selection. Food was incredible. Live flamenco music added a lively touch. I will be back!

Tapas Valencia is an excellent choice! Friendly and efficient staff, excellent cocktails and sangria’s, creative menu, wonderful ambiance and valet parking! Seriously, find this hidden gem and enjoy!

 

Amazing service! Watching a live flamenco performance while we ate dinner was very entertaining.

We ordered 6 different small plates to share and I was pleasantly surprised how good each one was. Prices were reasonable and service was excellent. Will definitely be back.

 

A return trip and did not disappoint. Group ordered about a dozen dishes and all were delicious! Service can be tricky, but our waitress was a pro. Highlights were a goat cheese-filled pastry, bacon-wrapped dates and dessert. Profiteroles and lava cake. Someone in the kitchen knows their chocolate! Peach sangria was a great twist. Can’t wait to go back.

 

Great food. Great service. Great atmosphere. We love this place!!

 

Our group tried Tapas Valencia last year while in Chicago attending a business conference. We were so impressed that we returned this year. We went around the table, each ordering a dish for a “round” of fine dining. Add a pitcher of sangria and it made for a fun experience.

 

Nice little neighborhood location in South Loop. Good food, great service.

 

One of my favorite tapas places in the city, the service is beyond excellent!

Made reservations for 7 for both my daughters birthday. The food came out at appropriate times, allowing us to pass, enjoy and converse. Our waitress was knowledgeable and fun! And at the end, she provided ice cream puffs for the birthday girls….which was certainly enough for all of us! The food still has me drooling!!

We just wanted to thank you and the staff at Tapas Valencia for doing such a great job on our event this past Saturday. Everything went very smoothly and both the food and service were great – please tell the staff that we really appreciate all the effort that went into it.

Alex

The food was amazing and the service was flawless. Your service was excellent and our server always knew what we needed before we even asked. He event got us a projector screen when we were playing around with our slides. Your staff was excellent. Thank you for a great event and we look forward to future ones.

Alfredo

Our event was wonderful! Your staff was very attentive and did not miss a beat. The food, as always, was tasty and the service was essentially flawless. We were very happy with everything and I can’t say enough about how good the team at the South Loop location always is. Thank you for making this run smoothly – my compliments to everyone!
-Rosanna

“The entire evening was terrific and everyone was so welcoming! Nikole, our server, was particularly attentive; especially with the several guests who can’t eat dairy; she brought out a special paella and other dishes ensuring that they were lactose free which was greatly appreciated. I will be in touch if we have another event to schedule. We have our recruitment weekend in early 2020 and have spent the last two at your restaurant again with great success!
– Matthew, University of Chicago

I have only positive feedback to give Tapas Valencia! The food was very good, the atmosphere was welcoming, and the staff was terrific! Thanks for making it so easy for me to organize my event. Two thumbs up!
– Pauline

“Great place for tapas! Food is delicious. Service is outstanding. Saturday night live music is entertaining and adds a pleasant vibe to the dining experience. The volume is just right. Try it, you’ll love it!”

-rman

“I lived in Spain for eight months, and this place is the closest I’ve come to since being back in the states. The tapas were amazing, and the staff were so friendly and patient I thought I was back in the land of relaxed smiles. Really good happy hour menu.”

-Brian O’connor

“If you like Spanish Tapas you will love Tapas Valencia! Have eaten here 3 times on separate visits to Chicago and have never been disappointed. A great dining experience!”

-JE Greer

From calling to explore the possibilities and get a quote, to your kindness, patience and gentle reminders (appreciated your assistance- during this busy time for me); to walking out to the valeted car. AWESOME! Customer care…..I use “care” because that’s the genuine feel you and the team at Tapas Valencia delivered. AWESOME-  staff! Ambiance, food and drinks. And Jose the manager . . Made us feel so special! We had a number of dignitaries attend, they loved the reception received!!! I HAVE NEVER BEEN SO HAPPY TO PAY THE BILL!!! Absolutely got more VALUE for the $$$!

 

What Our Guests Are Saying

Receive Tapas Valencia Updates