Yes and what immediately jumps out to me as a source of bias is that they asked this small group of 48 coin flippers to flip thousands of times each. I would’ve thought it would be obvious that when you ask people to do something thousands of times they might do it in a different (and biased) way than someone doing that thing only once.
Get a hundred thousand people to flip a coin once each and then see what happens!
What's more, from the numbers cited it sounds like they had 48 people do nothing but flip coins for 8 hours (avg. 15 flips/min). Whether continuous or with breaks, there's no way you won't become seriously consistent. 7000 flips is many more flips most people will perform in their entire lives.
Get a hundred thousand people to flip a coin once each and then see what happens!
Of all the stats we collect in sports, I wonder if someone has info on coin tosses in sports like American Football, Tennis, etc. I wonder if there are even rules regulating how a coin should be tossed in different sports...