Monte Carlo is in a prime location on the strip - the middle.  For me, that's their biggest highlight.  Judging from the nice statues and upkeep of the outside one might come to expect more from the inside.  However don't.  The inside looks old and dingy.  Their rooms reflect this feel.  I was disappointed and felt deceived at the table when we ordered Hennessy shots and were given some other cognac.  When we asked the cocktail waitress she said that's the only kind they're allowed to serve... fine but at least be upfront with me about it instead of hoping that maybe I wouldnt know the difference!  I give it a 3 stars because the rooms while old looking were decently clean and price was reasonable.  Stay here if you're on a budget but party and play elsewhere.