Vegas is still probably the best-value vacation spot in the US. Even coming into town as a Vegas virgin, you can stay weekdays at most of the Fremont Street Properties and the entry-level to mid-level Ceasars and MGM properties on the strip for $80 a night all in. Where else in America can you get a cheap stay like that in a major tourist destination?
The budget motels on the Intestate exits near where I live, in a rural area, are more than that. The only thing that would be roughly in the same price range is the 25-year-old Motel 6 with no amenities. Even the lowly Dirty Castle has a nice pool and numerous restaurants and bars. I got a deal about a year ago at the Circa. It was $100 a night all in or about $40 a night cheaper than the 4-year-old Comfort Inn that opened along the Interstate near me.
A real thrill for me is finding cheap dining options. I can eat pretty damn cheap in Vegas with BOGOs, dining credits, coupons and other special deals. And I don't feel like I deprive myself of anything.
As far as gambling, I don't do much. When I used to come to Vegas 3-4 times a year year in and year out, I was a slave to play time to maintain my comps. I enjoy my trips much more now that I actually have the freedom to do what I want.
And I still get comps! And I get them from three different sources now. I get the myVegas comps where I currently have enough LPs for a two-night stay at the Bellagio or any other MGM property I want. I took the free play I got from myVegas on my last trip and parlayed that into MGM Rewards room comps. From them, I get three nights at the Dirty Castle, two at the Luxor and 1 at the MGM Grand, Park MGM or Mandalay Bay. I can also stack those nights with the myVegas comps. My only real play goes to Four Queens and Binion's where for a little play, I get a buy one night at 25% off and get the second night free + $20 free slot play offers including weekends. Plus, I got two free meals out of them on my last trip.
I almost forgot Vegas is one of the cheapest places to fly into in the US. Great deals are still available if you have a bit of flexibility with your travel dates.