First of all, thanks for all the responses to my original question, they were very informative.
After talking it over, we thought, hey why not just stay in one of the non-casino hotels. Save the $50-75 a spend it towards and nicer dinner/drinks/gambling. Also, this way we wouldn't feel tied to one casino either. What are your opinions on this? I was looking at the Days Inn Boardwalk for $125/night.
We plan on getting there friday evening, check in, freshen up, heading out to the Borgata to the show, then go to a casino for gambling/bar/club until the weee hours of the morning, sleeping, then checking out. So as you can see, the room isn't really that important.
Anyone have any experience with the Days Inn (or have a better recommendation) or suggest a good casino for young (mid 20's) gambling/drinking/partying crowd (Harrah's was suggested). Thanks for all your help.