My bf took me here for my birthday. Olives has a gorgeous view of the Bellagio water show. Do ask to be seated by the window if you can.
As for the food, we had one hit and one miss.
The blue nose bass - This was one of the specials on the menu. Blue nose bass has a similar texture to Chilean sea bass, perhaps slightly rougher. The waiter recommended the Chilean sea bass but this one had a more unique pairing. When I find the exact ingredients, I'll add it here =P
The ribeye - What sucked me in were the croquettes which turned out to be less than spectacular. The ribeye was also not marbleized at all. It tasted more like a mediocre flat iron steak.
The bread basket with the olive spreads were pretty delicious. I liked the slight sweet raisin like bread in the basket the best.
I was a tad sad that the meal was on the expensive side but the food was not all around solid. Ah well, I still loved the view and of course the company =P I think this is a great place for appetizers and happy hour to soak in the gorgeous view but I'd probably skip dinner here again. And if you plan to come here for dinner, stick to the bass.