Some ex-convicts who have recently gotten out of prison plan a series of highly organized robberies of some Las Vegas casinos.

Stuart Guber has decided to drop back into society, by leaving his performance artist girlfriend and accepting a job working for a top record label. Trouble soon arises when his boss concocts the idea of doing a sex themed game show (hosted by character actor legend Dick Miller). Meanwhile, Stuart begins having an affair with the sister of the label’s new superstar (Thelma Houston).

The heroes in The Black Godfather are members of an African-American criminal organization. Like Brando in The Godfather, they're not averse to robbery and murder, but they do draw the line at narcotics. When the Mafia infiltrates the 'hood with dangerous drugs, the Black Godfather (Rod Perry) orders his minions to put an end to this perfidy.