Bally's Las Vegas Hotel and Casino keeps Classic Vegas alive. Book Bally's today and get ready for an all aces vacation at the heart of the Las Vegas Strip. Bally's Las Vegas Hotel · Restaurants · Things To Do · Shows. Bally's Las Vegas is a hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Caesars Entertainment Corporation. The hotel. As the bridge between old and new Vegas situated in the heart of the Las Vegas Strip, Bally's offers its guests convenience and class with a central location and.