Todd Phillips to direct remake of The Gambler

The former documentary maker will revamp the 1974 James Caan classic, taking over from Martin Scorsese, who had previously been linked to the project.

The film, about a college professor with a gambling addiction who falls foul of a mob of gangsters, has yet to be cast.

Production will begin after Phillips completes work on the upcoming second sequel of The Hangover franchise, which starts shooting next month (Sep12), according to The Hollywood Reporter.