The Rio (125 per night + 28 per day resort fees): It's right next to the strip and a very quick drive to the Orleans where the games are. All you'll need to do is take Flamingo to Arville and you'll be at the Orleans in a jif. Negative: it's not on the actual strip and the buffet line can be ridiculously long. No cheap eating options, but you can walk across to the gold coast.
Luxor: 140 per night plus 28 dollar per day resort fee: Decent place, you can get to tropicana pretty quick and head over to the arena. Negative: it's on the south end of the strip.
Palms place: 144 per day plus 25 per day resort fee: Looks nice, close to the strip and close to the game.
Harrah's: 148 per night plus 28 per day resort fee. Closer to the middle of the strip.
Treasure Island: 154 per night plus 33 per day resort fee: On the strip, but a little ways north. You're starting to get farther from the game.
Planet Hollywood: 187 per night plus fees
South point is 164 per night. Very nice place but it's a ways south of the strip.