Our Macau trip earlier this year, we stayed at the Holiday Inn Cotai Strip Macau and had Shrekfast with the kids. This isn't the most luxurious of Macau hotels, but it suited us fine.
Right across the Holiday Inn Cotai was the Venetian and we could walk over quite easily via an overhead bridge.
Somebody mentioned the Galaxy. We took a complimentary shuttle from the Holiday Inn Cotai area to the Galaxy just to look around. Also had dinner at the Tsui Wah there.