Source: Hollywood Reporter

According to The Hollywood Reporter, Universal Pictures has acquired the spec LIVE BET by brothers Charley and Vlas Parlapanides, with Curtis "50 Cent" Jackson attached to star.

Mary Parent and Scott Stuber are producing through their Universal-based shingle. Chris Lighty also is producing alongside Jackson via his G Unit Films banner.

The story is described as a character-based heist film and is based on the actual existence of underground clubs in Manhattan that place bets and wagers on illegal car racing.