During a town meeting, Principal Skinner pitches the idea of opening a casino. Mr. Burns adopts this notion and builds the "Mr. Burns' Casino." Homer takes a job as a blackjack dealer and Marge takes up gambling. At home, Lisa is having difficulties with her school project and Bart opens a treehouse casino.

It's during the Holiday's, and Frasier finds out his son Fredrick isn't coming over for Christmas. With nothing better to do on Christmas day, Frasier decides to air his radio show and ask listeners to give him input of their Holiday Cheer. Unfortunately all the callers are just as depressed as he is, and makes him even more depressed. Still depressed, he ends his show and decides to head down to dine at a local dinner bar, where he is mistaken as a homeless man and discovers how generous other people can be, making it not so bad of a Christmas.

George converts to Latvian Orthodox to be with a woman of the same religion, but his parents aren't pleased with the change. Jerry finds a tube of fungus cream in his girlfriend's medicine cabinet and has Elaine find out from her podiatrist friend what it's used for. Meanwhile, a sister at George's church becomes obsessed with Kramer.

TEAMS: Ian Hislop & Maureen Lipman; Paul Merton & Lesley Abdela