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It depends on whether the debt is legal or not. If it's a legal debt (i.e. placed at a Vegas casino in their sportsbook), the casino can take the bettor to court, just like any other debt such as credit card or car loan.

What can a bookie do these days if he gets stiffed by a client? - Quora

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Fees. What percentage do bookies take? That question refers to the book fee that is collected from a wager. Bookies usually take around 10 percent, this is what they call the juice  or the vig.

How Do Bookies Make Money? | What Percentage do Bookmakers Take?

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