A.
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B. The hotel you seem to want does not exist. There are a couple reasons for this. The largest is simply the size of The Strip; it's huge! There are no cheap strip hotels (<$100/n), and the least expensive of them are worse than some of the off-the-strip joints. If you stay off the strip you will not be walking anywhere. Even if you stay on the strip, walking is only for the fit. Everything is far. The hotel next door to yours is 2 blocks away. It's can be 125 degrees at 3PM in the Vegas sun. The best thing to do is get a 3 day pass for the Ace, and Deuce (buses). I haven't stayed in any fleabags or roach motels there, but I'm sure Vegas has it's share of dogs. Do some research, read some reviews, and decide. People who were there over 5 years ago are going to be unlikely to make good recommendations due to the pace of change in Vegas.
MGM has by far the best pool/lazy river/outdoor area. They have a waterfall in there that will knock you down, but if you can manage to hunch up under it, it's the best massage you will ever have. They were renovating last summer, so they may have nicer rooms now. They were getting a little long in the tooth my last trip out.
Rio has the best 180 degree view of the city, and the balcony at the Voodoo lounge on it's roof affords a pretty easy escape from it all in case things don't go so well on the tables.:awe:
Aria is/was massively overpriced.
Venetian has the best poker room, some would argue MGM or Bellaggio, but I much prefer Venetian.
I think my favorite casinos are Caesar's and Mandalay Bay.
Bellagio has a nice but slightly overrated brunch buffet.
Mirage was my favorite dinner buffet.
C. Shows are expensive. The best shows are very expensive. They are not dumb over there. Shows that are popular go up and shows that are not disappear. The average cost is over $80 per person, even using Tix42nite. The best shows imo are:
Cirque du Soleil: The Beatles Love at Mirage - This is one of the best live performances you will ever see; it's happy, sad, death-defying, mesmerizing, and uplifting. Simply incredible. There is also a promo going on for those that order tickets this month.
Cirque du Soleil: Zumanity - This little adult-oriented gem is at New York, and it's hilarious, sexy, beautiful, naughty, and a little weird. The original music is A+ fantastic. I actually liked it more than Love.*
Cirque du Soleil: Ka - This is the most linear of Guy's shows but the immense 4-axis moving stage is something that must be seen. Past that it's more of the same highwire death-defying stunts that made Cirque famous.
Crazy Horse Paris at MGM - You're taking sand to the beach, so I can't recommend Thunder from Down Under (which is the best get-laid show in town bar none) but I can recommend Crazyhorse. It's sultry, sexy, a little trippy, and super cool. You might just get lucky after.*
*If you are uncomfortable watching others women's naked boobies in front of your SO, do not go to Crazyhorse or Zumanity, and may god have mercy on you.
Also, if you are going to gamble, for Christ sakes, don't play against the house, play poker. Everything else there is designed to look fun and suck your wallet dry. At least with poker you are only paying the house per hand you are in. In all other games they are your adversary and set the odds so you can not win, and if you lose, at least the money went to some other poor sap, and not that vacuous wise and beautiful woman from the Real Housewives of Orange County.
Honestly, if I were you I would spend this budget on an all-inclusive Caribbean cruise. You will get another day or two for the same money and the food will be better overall and non-stop. Vegas is super-expensive and going there for the first time is always a little perplexing.