My wife and I stayed there on Friday/Saturday the 13, 14th of July 2012.
The room: Basic digs. Clean. Flat screen TV. Modern decor, small bathroom.
The Casino: No frills. The VP odds are better than the strip and the penny slot selection is decent.
They offer a free shuttle that runs from Gold Coast ==> Orleans ==> Bill's Gambling Hall ==> Gold Coast
Location is close enough to walk to Rio or the Palms.
Overall it is a decent stay. If you have a specific question send me a PM or ask on here.