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Wrapping the greedy King Midas (Noel Trevarthen) around her little finger, the beautiful but treacherous Voluptua (Jennifer Ward-Leland) uses Midas' vast wealth to establish the Touch of Gold gambling palace. Upon realizing that the palace is actually a shrine to corruption and evil, Midas demands that it be destroyed, only to be locked up by Voluptua's minions. It is up to Hercules (Kevin Sorbo) to free the repentant Midas and foil Voluptua -- but first he is forced into a boxing match with the fearsome Segallus (Terry Batchelor) in order to rescue Midas' daughter Flaxen (Trac Lindsey), who has been strapped to an archaic booby trap.