Director Rupert Wyatt (Rise of the Planet of the Apes) and actor Mark Wahlberg are in talks with Paramount Pictures to remake The Gambler. Todd Phillips and Leonardo DiCaprio were originally attached to the project, but they ended up dropping out because it was taking too long to get into production.
The original movie was released in 1974, and the story follows Alex Freed, a literature professor at UCLA who has gambling problem. When he has lost all his money, he borrows from his girlfriend, then his mother, and finally borrows some from some gangsters which isn't good for him. Despite of all this he cannot stop gambling.
Martin Scorsese was also attached to direct the movie at the very beginning, with a script written by William Monahan (The Departed). They are still going to work off of that script.