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Even with gambling legal in Pennsylvania, bookies didn’t disappear. For instance, “the Accountant” has been taking bets for nearly 15 years in Philadelphia. A registered ER nurse by day, he inherited the book from a friend who owned a bar and reports that he has “about 100 customers” during football season and 25 in the months after that. His client base was cut in half when Pennsylvania legalized sports gambling, but “we got 50 percent of them back,” he reports.

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These markets require licensing fees and, oftentimes, high taxes. Online operators might be seeking lower payout percentages to help offset these costs.

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