Indie darlings Ryan Fleck and Anna Boden are delving into the world of gambling for their next film and have enlisted Jake Gyllenhaal for a lead role.

The multihyphenate duo, who directed Ryan Gosling to a best actor Oscar nomination, will helm Mississippi Grind from a screenplay they penned.

The story centers on a down-on-his-luck gambler facing crushing debt who teams up with a younger gambling addict (Gyllenhaal) in an attempt to change his luck. The two set off on a road trip through the South with visions of winning back what has been lost. The lead character would be a plum role for Hollywood’s fortysomething set.

WME, which reps Fleck, Boden and Gyllenhaal, is packaging the project, which would fall in the less-than-$10 million budget.

Electric City partners Jamie Patricof and Lynette Howell are producing alongside former WME agent and Paramount president John Lesher.

Since moving from the world of documentaries, Fleck and Boden have become lightening rods for talent. They most recently wrote and directed It’s Kind of a Funny Story with Zach Galifianakis.

Gyllenhaal will next be seen opposite Anna Kendrick and Michael Pena in David Ayer’s crime drama End of Watch.