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Related to Ace in the Hole: Billy Wilder
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Winnipeg expatriate Chester Kent (Mark McKinney) moved to the United States to become a Broadway producer; but like his inspiration in Ace in the Hole (not to mention his namesake, the James Cagney character in Footlight Parade) he finds himself out of money and out of luck.
It's here, perhaps, the film finds the most in common with Wilder's Ace in the Hole, where the predicament of a trapped prospector initiates a media circus and ultimately becomes a tourist attraction.