Nice respite from the slots.
Caramel is located on the casino floor of the Bellagio, but walled off from the suckers losing all their money. The size is pretty good. There's a bar in the middle and a larger bar in the back. Dimly lit place and a DJ mixes the sounds of the day. I can't speak to prices as I got my couple of beers for free. I'd imagine it's similar to the insane Vegas pricing for alcohol, especially inside a major strip casino. As a local, I don't know if I would seek this place out just to get a drink, because it's easier to go somewhere off the strip. But if you have friends in town, or want to do something fun but chill on a weekend, go for it.