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The Secret Life Of A Bookie
Not All the Big Bets Are on Wall Street
Marvin R. Shanken
From the Print Edition:
James Woods, May/Jun 97
(continued from page 10)
CA: Why do bookies' phone numbers change so frequently?
Pete: Well, for obvious reasons, we don't have a license. We wish we did. We'd love to pay tax, but unfortunately, we can't.
CA: Have you ever been raided?
Pete: Yes.
CA: How often does that happen? How do they find you?
Pete: A lot of people make very good money, they flash it around, high-roll it. It's kind of out in the open, and I guess it's obvious.
CA: How many times in your 25-year career have you been raided?
Pete: At least five times.
CA: When was the most recent time?
Pete: 1992.
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