Other hotels (Wynn, Cosmopolitan) have taken over as my preferred place to stay in Vegas, but Mandalay Bay is still a good choice (The Hotel is great too). Stripsteak is a great food option here, even if not staying at the hotel.
this was a really nice treat-- gave you a look at an upscale home from back in the day. It's decorated beautifully and there's lots of history. Great silk too