I have stayed here twice as part of a flight/hotel package through Fun Jet out of Kansas City. It was actually a fun place to gamble. There's a shuttle that runs back and forth from Palace Station to the strip, but it doesn't run very late. Be prepared to take a cab back if you are out late on the strip.
The rooms were OK. The buffet was pretty good and cocktail service was above average in my experience. Not my top choices of places to stay because of its location, but it's not at all bad and usually a bargain.