Newbie, I lived in Las Vegas for nearly five years. Didn't do casinos much, I'm not a gambler. I spent my money on food (world-class restaurants there like Spago and Postrio.)
On the subject of outlet malls, also try Fashion Outlet of Las Vegas, which is about 30 miles south. The New York New York hotel on the Strip has a shuttle bus, which cost around $10 roundtrip the last time I checked.
At Fashion Outlet, there's a Neiman Marcus clearance center with good selection and prices, especially if you're smaller.
M&M World is a salute to the candies, I guess. I've never been there.
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