The professional gambler Ross Hadley is the owner of a posh gaming establishment in the heart of New York...

A District Attorney decides to go after a doctor who is targeting young women and talking them into having illegal abortions.

The wealthy Van Dyke family are constantly in the media for outrageous behavior, much to the frustration of the patriarch, Dan Van Dyke. His self-centered wife has a fondness for foreign imports, including "pet projects" like dancers and such and his spoiled children Tony and Carol have constant run-ins with the law. When Dan himself ends up in the clink for five years for tax evasion, he becomes bunk-mates with ex-bootlegger Joe "Spots" Ricardi. Ricardi lectures him on being such a push-over for an out-of-control family, so a dying Dan makes Ricardi his estate trustee once he is released from prison. Ricardi is then thrust into high society and must do everything he once nagged Dan to do.

Ex-vaudeville performer Trixie makes a come-back, and threatens to thwart the ambitions of her song-writing step-children, Bob and Judy.