Sylvester Stallone celebrates the release of his latest Rocky sequel, “Rocky Balboa,” at the Las Vegas Planet Hollywood on Tuesday. Stallone not only stars in the movie but wrote it as well. The first Rocky film was a huge success, winning three Oscars, however each sequel was less of a success than the one before. Sixteen years since Rocky V had a less than stellar reception in the theaters “Rocky Balboa” seems more on par with the first Rocky. Stallone insists that this is the last of the Rocky films.