"I’m not running a bucket shop"

Crowd outside the Mallers Building during a bucket shop raid, c.1905
Public DomainCrowd outside the Mallers Building during a bucket shop raid, c.1905 - Credit: Chicago Daily News, Inc
Bucket shops were dubious establishments which, operating under the guise of stock exchange businesses, essentially functioned as bookmakers. Customers would wager money on the rise and fall of stocks or commodity prices. Though they flourished from the 1890s onwards, by the 1920s they were illegal.