Prell started in the gambling business with a "bingo palace" in California. Prell ordered that the prizes were to be given out honestly to the players and word got out that the place was to be trusted. The bingo palace thrived. Prell was an automobile salesman and later a successful jewelry salesman in Los Angeles. In 1937, he moved to Butte, Montana, where he opened the 30 Club. Frank Schivo and his family were residents of Butte, where Frank's mother Emma operated a small café and bar. The Schivos and the Prells became friends early on and Frank went to work in Prell's casino behind his retail operation which was a front for the illegal but tolerated gaming operation. Schivo became a protégé of Prell and travelled with him to Reno and Las Vegas, looking for the right opportunity. Prell and his family eventually relocated to Las Vegas in 1945, with plans to open a small hotel there. Milton Prell's first project in Las Vegas was Club Bingo, opened on the Las Vegas Strip in 1947. Prell later opened the $5.5 million Sahara hotel-casino on the property in 1952. Eda Schivo, sister of Frank Schivo, would become Prell's private executive secretary, and Frank was Prell's key employee in the Club Bingo and the Sahara hotel. Called "The Jewel in the Desert" by Prell, the Sahara had a Moroccan theme with statues of camels standing in front of the hotel. Prell sold the Sahara to Del Webb in 1961. In 1965, Prell bought the Aladdin hotel-casino from the Indiana-based Cook Brothers Trusts for $10.25 million on the Las Vegas Strip. The place had been failing and Prell remodeled it and added an Arabian Nights theme; it opened in 1966. Prell had added restaurants, a lounge, a 500-seat showroom and a golf course. At the same time, Prell's brother-in-law sold his mattress business so Prell could purchase The Mint Hotel and Casino on Fremont Street. Prell promised his brother-in-law a job and made him the manager.
Illness and death
Some time later, Milton Prell suffered a stroke. Prell needed to use a wheelchair much of the time, but continued to walk with two canes through the casino to his office each morning. The Aladdin's profits were dropping and eventually he could not keep up and the Aladdin was sold. He died in 1974.