Ole and Chic are comedians employed in a nightclub, but seeking to be released from their contracts to take a better job. But the prissy nightclub owner, B. J. Wagonhorn, refuses to let them go. In reprisal, they start hurling insults at the nightclub patrons… a ploy that soon has them facing multiple lawsuits… to the delight of three struggling attorneys, Charlie Rodman, Bettty Wilson and Arthur Lane.

In the gay '90s, cardsharps take over a Mississippi riverboat from a kindly captain. Their first act is to change the showboat into a floating gambling house. A ham actor and his bumbling sidekick try to devise a way to help the captain regain ownership of the vessel.