The Weinstein Company has acquired Lay the Favorite, just one day after the Sundance Film Festival came to a close. It is said the studio paid approximately $2.2 million for the the sports gambling drama.

Rebecca Hall stars in Lay the Favorite as Beth Raymer, a sports bookie who figures out how to manipulate the Las Vegas sports betting system. Bruce Willis, Catherine Zeta-Jones, and Joshua Jackson also star.

Stephen Frears directs Lay the Favorite from a screenplay by D.V. DeVincentis, which is adapted from Beth Raymer's non-fiction book.

The Weinstein Company plans to release Lay the Favorite sometime this fall, in 50 theatrical markets and video on demand platforms.