Simon West is helming with William Goldman penning the script.
The pic is a remake of the 1986 Burt Reynolds pic about a recovering gambling addict who finds work providing protection to his friends.
In the modernized version tells the story of Nick Escalante (Statham) whose compulsive gambling has led him to the streets of Vegas, where he takes odd jobs providing “security” to support his addiction. His professional and personal lives collide when his friend is brutally beaten forcing him to take on the mob.
Statham and Steve Chasman will produce through Chasman’s SJ Pictures.
Sierra/Affinity is handling international sales, which commenced earlier this year during the Berlin Film Festival.
Cory Yuen, who co-directed “The Transporter,” reunites with Jason Statham as the action director/fight choreographer.
Though she has made a name for herself on “Modern Family” for her comedic chops, Vergara looks to be trying to flex her muscles in her next couple projects. Besides “Heat,” she is also in the action pic “Machete Kills” starring Danny Trejo.
She will next be seen voicing one of the Smurfs in Sony’s “Smurfs 2.” She is repped by CAA, Latin World Entertainment and Untitled Entertainment.