The term 'Well-Known Palace' can be solved by the crossword solution 'Caesars', which is a seven letter word. Caesars Palace is a luxury hotel and casino located on the Las Vegas Strip in Paradise, Nevada. It is one of the most iconic and well-known casinos in the world, having been featured in numerous films and television shows. The hotel is known for its opulent decor and luxurious amenities, making it a popular destination for tourists and gamblers alike.