Variety reports that Stephen Frears is going to direct Lay the Favorite, Take the Dog. This is an adaptation of the soon to be released memoir from Beth Raymer.

Lay the Favorite, Take the Dog follows a young woman as she navigates the world of sports gambling.

The film is being made through a partnership between Random House Films and Focus Features. It will start production in June.

Adapting the book for the screen will be D.V. DeVincentis. He previously worked with Frears on High Fidelity.