Director Rupert Wyatt and actor Mark Wahlberg know when to hold 'em

Another day another remake.  This time of the 70s variety.

"Deadline" reports that Paramount is looking to reboot the 1974 film The Gambler which starred James Caan.  The project has been kicking around for awhile and originally, Martin Scorsese and Leonardo DiCaprio were involved.

Now it looks like the acting duties may fall to Mark Wahlberg and the director's chair to Rupert Wyatt.  The Departed scribe William Monahan, will pen the script. 

The film involves a college professor with a gambling addiction that overcomes his life.  Not surprisingly he gets in trouble with the wrong guys and hijinks ensue.  Not sure if I buy Mark Wahlberg as a college professor.  Hmmmm.

Wahlberg can next be seen in Lone Survivor out this December.