Margot Robbie’s (“I, Tonya”) latest project is moving forward with a high-rolling financier. “Dangerous Odds,” the film adaption of janitor-turned-sports-betting-empire boss Marisa Lankester’s hit memoir, will be financed by Bold Films after getting picked up in turnaround from Warner Bros. “Dangerous Odds” will now be produced by Robbie’s production banner LuckyChap Entertainment, Entertainment 360 (the production branch of Management 360), and Bold Films, according to Deadline.
The original memoir, titled “Dangerous Odds: My Secret Life Inside an Illegal Billion-Dollar Sports Betting Operation,” follows Lankester’s 1980s Cinderella story from cleaning lady to empire boss before being arrested on charges of bookmaking in 1987. During her criminal career, Lankester rose through the ranks of the gambling operation and was a key player in establishing the first offshore gambling operation and growing it into a billion dollar machine. Things fell apart for Lankester after her arrest when the LAPD raided the office of Ron “the Cigar” Sacco, the operater of a horse-racing and sports-betting operation, according to Variety.
“Dangerous Odds” will be based off an adapted screenplay from “Straight Outta Compton” scribe Andrea Berloff. LuckyChap Entertainment Principals Robbie, Tom Acklerley and Josey McNamara will produce with Bold Films’ Michel Litvak and Jon Oakes and Management 360’s Ben Forkner. Bold Films’ CEO Gary Michael Walters and Svetlana Metkina, Management 360’s Gabe Cohen, Chris Huvane and Jill McElroy, and Berloff will executive produce. The financing deal comes on the heels of Robbie’s latest success with Oscar contender “I, Tonya,” which earned $30 million domestically and clinched three Oscar nods for Robbie (Best Actress), co-star Allison Janney (Supporting Actress) and Best Film Editing. Ackerly and Robbie were producers on “I, Tonya” alongside screenwriter Steven Rogers and Bryan Unkeless.
Walters said of the deal:
It’s a great character; it’s a female Scarface in the rise of this great criminal operation under the leadership of a very savvy woman. Margot Robbie is an extraordinary actress and couldn’t be hotter right now. She is so versatile and strong with comedy, drama and action — she really is the full package, and that’s rare. She’s built up a great production company with LuckyChap.
Robbie is repped by CAA and Management 360, while Aran Michael Management reps her in Australia. CAA arranged the financing deal and will rep domestic distribution rights.