TGI Fridays Expands to Five Las Vegas Locations
LVP Food Service Concepts will open five Fridays restaurants in the Las Vegas market under a new development agreement.
Updated on Nov. 9, 2026 in Dining Out
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TGI Fridays announced a development agreement on November 9, 2026, with LVP Food Service Concepts, LLC, an entity of LV Petroleum, to open five restaurants in Las Vegas. The deal is the second domestic development announcement by Fridays in three months and gives the partner sole rights to the Las Vegas market.
Why it matters
The agreement extends TGI Fridays' presence in a major dining market and advances the company's growth plan. For Las Vegas diners, it means a new set of casual dining options from a chain with a long national footprint.
The agreement covers five restaurants in the Las Vegas market to open over the next three years. TGI Fridays currently operates nearly 400 restaurants in almost 40 countries, and LV Petroleum operates 84 travel centers, 180 quick-service restaurants and 30 convenience stores.
The players
TGI Fridays
TGI Fridays is a casual dining chain founded in 1965 that operates nearly 400 restaurants in almost 40 countries.
LV Petroleum
LV Petroleum is a company founded in 2014 by Guy Madmon and Val Amiel that operates travel centers, quick-service restaurants and convenience stores.
The details
LVP Food Service Concepts, LLC, which owns multiple well-known restaurants throughout the Las Vegas market, will open Fridays locations in both traditional and non-traditional venues, including hotels and casinos. The deal follows a prior development agreement TGI Fridays signed with Bliss Bites to open restaurants in New York.
Timeline
2014: LV Petroleum was founded by Guy Madmon and Val Amiel.
Three months before November 9, 2026: Fridays announced its New York development agreement with Bliss Bites.
November 9, 2026: The Las Vegas agreement with LVP Food Service Concepts was announced.
Over the next three years: Five Las Vegas Fridays restaurants are expected to open.
2030: Target date for Fridays to reach more than 1,000 units and $2 billion in annual revenue.
Growth Strategy
The Las Vegas agreement is the second domestic development deal TGI Fridays has announced in three months, following its New York agreement with Bliss Bites. Both deals advance the company's "1-2-3 Strategic Vision," a plan targeting more than 1,000 units and $2 billion in annual revenue by 2030.
Las Vegas diners will gain five new TGI Fridays locations over the next three years, including options in hotels and casinos. The expansion adds casual dining choices across the city, though specific opening dates and sites have not been announced.
The takeaway
Chain expansions like this one show how national restaurant brands are targeting non-traditional venues such as hotels and casinos. Diners in Las Vegas can watch for new openings over the coming years.
What happens next
The five Las Vegas restaurants are expected to open over the next three years, with no specific opening dates provided.
Further reading
For more restaurant openings and dining news, explore Dining Out coverage.
More information
Learn more about franchise opportunities on the TGI Fridays franchise opportunities page.
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