Fannie, a performer in a music hall act, teams up with Johnny, an MC and a gambler, and becomes a success. They marry, and a few years later they have a child. One night while they are playing in a club in New York City, two Broadway produces catch their act and offer Fannie a job in their latest show, but they don't have a place for Johnny. Fannie turns down their offer, and soon things take a downturn for the pair, both career-wise and personal-wise, and when Johnny loses all their money gambling, things come to a head.