We stayed 4 nights at the Hooters Casino Hotel and overall was a pretty decent experience.
We were attending the Pac 12 basketball tournament (Go Cats!) at the MGM Grand and so therefore the location was perfect. The price was pretty impressive too considering it was spring break and St Pattys Day weekend.
The rooms were spacious and clean, nothing spectacular, but that was expected coming into it. For the most part things were quiet and had no problems relaxing in the room.
A couple negatives were that these bright lights shined on the hotel right outside our window at night. The lights were the ones that shine on the hotel itself. We actually had a pretty impressive view of the strip but was somewhat ruined by the blinding lights that flooded our room. Luckily, great window shades were provided. The other negative was the TV was rather outdated. Having a flat screen put in would have been nice.
For the location and price range, the Hooters Casino Hotel is definitely a good idea if you're coming to Vegas on a limited budget.