Arnold Rothstein gains a reputation in 1920s New York City as an expert gambler. He so impresses mob boss Big Tim O'Brien that he is given a job in his illegal enterprises.
Rothstein has a lifelong pal, Johnny Burke, and makes a deadly enemy, Phil Butler, a corrupt cop. He rises to become rich and well known in gambling circles, often using ruthless tactics, like tricking business partner Jim Kelly into sacrificing his half of their arrangement.
Although he has little time for a personal life, Rothstein impulsively marries Carolyn Green, an attractive actress. He devotes little effort to their marriage, his principal obsessions being to build a huge bankroll and to someday win a poker hand with a royal flush.
As his empire grows, so does his arrogance. Rothstein eventually sells out his only friend, resulting in Burke's being gunned down by thugs. He and lawyer Tom Fowler conspire to make sure Butler is exposed and convicted for his criminal activities. But at the precise moment a royal flush is dealt to him, Rothstein is dealt with by Butler's associates.
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