We didn't stay here and we didn't gamble, but we had a good time nonetheless. We rode to the top of the Eiffel Tower (which cost about $12 a person). The view turned out to be fantastic. Paris is right in the middle of the Strip, so the Eiffel Tower is a great place to get oriented, and to watch the Bellagio fountains from above. The staff were extremely cute and helpful.
We also wandered around the casino, and found it to be charming and decently quiet (both a rarity in Vegas!). Check it out if you've been to the real Paris--you'll enjoy the knock-off art nouveau features.