After various ownership changes, the Aladdin was closed in 1997 and demolished the following year to make room for a new Aladdin resort that opened in 2000. A 19-story hotel tower was added in 1976. Milton Prell purchased the hotel and began an extensive $3 million renovation of the property before reopening it as the Aladdin on April 1, 1966. The company added a casino and showroom but plans to open the casino were halted when the Nevada Gaming Control Board declined to issue a gambling license because of concerns about the resort being inadequately financed. The Tallyho was the only major hotel in Nevada to not include a casino it closed at the end of the year and was sold to Kings Crown Inns of America, a hotel chain which reopened the property a month later as the King's Crown Tallyho. Lowe originally opened the 450-room Tallyho Hotel on the property in 1962. The Aladdin was a hotel and casino located on the Las Vegas Strip in Paradise, Nevada.
