The Horseshoe Las Vegas (formerly known as Bally’s) has undergone a massive transformation. Sitting at one of the best intersections on the entire Las Vegas Strip (right across from the Bellagio Fountains), it has long been a staple for budget travelers. But recently, Caesars poured significant money into renovating the casino floor and rebranding the entire property.

This review examines whether the recent changes make it worth the money. Spoiler alert: The Horseshoe stands out as the “Most Improved Property” on the Strip and easily secures a top spot among the 5 Best Cheap Hotels on the Las Vegas Strip. Here is a full 2026 breakdown.

The Rooms: Spacious, But Bring Your Own Pillow

One of the biggest selling points of the Horseshoe has always been its room size. The standard rooms here are massive—significantly larger than what is typically offered for the exact same price down the street.

The rooms feature a comfortable couch, a desk, a personal mini-fridge (perfect for saving money on drinks), and incredible floor-to-ceiling windows. Depending on which side of the tower the room is located, guests are treated to fantastic views of either the High Roller observation wheel or the new MSG Sphere.

The Caesars Promo Deals

If the booking is timed right, the value here is unmatched. Caesars frequently runs a “$300 Package” where guests get a two-night stay (Sunday through Thursday) and a $200 dining credit to use at any Caesars property.

When factoring that in, the room itself costs just $50 a night, and that includes all taxes and resort fees! This represents one of the best promotional deals in all of Las Vegas.

Dining on a Budget: The Secret “777” Menu

Guests don’t have to leave the property to find great, affordable food. The Horseshoe is directly attached to the Grand Bazaar Shops, offering quick bites at Dave’s Hot Chicken or $7 deals for two beers and shots at the Wahlburgers stall.

For a classic, sit-down meal, Jack Binion’s Steakhouse is highly recommended. It has an old-school Vegas vibe, but the real secret is the 777 Promotion.

Be sure to save room for dessert—their Banana Cream Pie is a legacy recipe that has been served in the building for 50 years (dating back to when it was the original MGM Grand).

Nightlife & The Casino

The casino floor is where the Horseshoe really shines. The new lighting and carpet have completely transformed it from the dreary days of Bally’s into a bright, welcoming space. $15 minimums for Blackjack and Craps are common, and the casino bars often run $5 domestic beer specials. Plus, it is seamlessly connected indoors to Paris Las Vegas, allowing guests to explore two massive casinos without ever stepping outside.

For nightlife, Bottled Blonde is a must-visit. It spans two stories, but the top patio is the highlight. It offers an unobstructed, dead-center view of the Strip and the Bellagio Fountains.

The Pool

The Horseshoe is home to the Blu Pool, which is famous for being the deepest pool on the Strip (plunging down to 12 feet!). However, it closes during the winter season. The good news is that because the property is connected to Paris Las Vegas, Horseshoe guests receive full access to the heated Paris pool year-round.

The Verdict

The Horseshoe has successfully shed its old reputation. Between the unbeatable center-Strip location, the massive room sizes, and the surprisingly excellent dining deals, it stands as one of the smartest budget-friendly bookings available in 2026.