The Palazzo is really an extension of the Venetian and it's not a full hotel/casino. In any case, my friend was able to get a free room here for 3 nights this past weekend. All the rooms here are suites and we apparently got the smaller suite, which is still around 600 sq feet. The rooms are very nice and cozy.
The casino sucks. It's missing quite a few games, the sports book & a poker room. We had to trek over to the Venetian to play so we didn't gamble at the Palazzo at all.
I just don't like that they didn't give us the extended check out. We had gone to sleep at 5am so we needed the late check out, but nope. They wouldn't allow it. They said we had to be out by 11am. What's the freakin difference if we leave at 12pm anyways? They don't let anyone check into the room until 3pm anyways. Stingy stingy.