Smiggys is in the Punta Jabillo shopping centre, the one with the mini golf in it which is right next door to the hotel, it is a bar that serves food / cafe that sells drink! depends on the time of day really (IMO) It doesnt have "entertainment" as such, but theres a amusement arcade next door with rides for little ones and the Shamrock has live music every night, opposite Smiggys, which you can hear just as well at Smiggys (the drink is cheaper than shamrock!)
Saxos is basically across the road and slightly to the right, in the other shopping complex, with the playpark in it. its upstairs and first bar on the left. The bar does have some shows, like a rip-off of the Lively ladies (see below) but its actually quite dirty, i found. kind like a nightclub....
For a good night, try lively ladies drag show. Its fantastic, and family friendly as well my almost 3 & 6 yr old's LOVED it!!
also theres the Highlander which is a 5 min walk away, and they have Kareoke nights, and the owners are a great laugh!
Hopefully this helps
Nic x