I go to Vegas every year. Never to watch a fight though so far, just to play poker and get right amongst it.
Some tips from my experience;
Lap Dancing bars. A limo driver gets $70 per head for taking people to most strip clubs. The best one I've been to is Saphire and we got a free limo, beers on route, and the limo driver paid our cover charge into the club ($30) out of his commission as well as slipping us a few free drink tokens. All we had to pay was $20 and for a couple of drinks and obviously for lap dances. If there are 2 or 3 of you or more, never pay for a cab, just ask a limo parked up outside the hotel to take you, or I have a number for a limo driver who will take you anywhere you want. If anyone wants it just PM me.
Best Fast Food restaraunt ever. In and Out burger, one block away from the MGM. Some yank told me it was his favourite thing about Vegas and the food there is awesome and cheap, and fairly healthy as things go, if you're on a budget.
MGM grand is the best hotel I've stayed in. Although at fight time, I was there for Mayorga and DLH, and Trinidad Wright, it' full of Mexicans, who although are a good laugh, scare away any ladies round the pool and the casino
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They're brilliant for a bit of banter and a few beer round the lazy river though!
If anyone is interested in clubbing at some of the best places in Vegas, then I met a guy playing poker a couple of years back who has his own VIP hosting business. He basically can walk you into any club for the same you'd pay if you queued an hour - which isn't uncommon at most places if you just show up on spec.
If there a few of you, try splashing out and getting table service. Me and my mates all chipped in $100 dollars and bought a bottle of Vodka (and a free Jaigermeister) and table service at Jet in the Mirage. Amazing club, packed with good looking girls and my mate who was a VIP host tipped the bouncer to the VIP section $20 to go and grab girls all night to come and have a drink with us. We had more liquor than we could ever drink, and an endless supply of good looking women being brough to our table to help us drink it and meet 4 Englishmen. Was like taking candy from a baby

Bearing in mind a drink is $8 a time in most clubs, we didn't actually spend that much more than we probably would have done just paying into the club normally.
Again if anyone wants my mate's number or e-mail address, he'll hook you up with whatever you want all weekend! Just PM me.