A judge has thrown out a civil lawsuit over $1.65 million in alleged gambling debts against the owner of American Pharoah, Ahmed Zayat.
Ahmed Zayat, owner of dual classic winner and Triple Crown hopeful American Pharoah, said a lawsuit seeking to collect from him $1.65 million in gambling debts amounts to extortion.
NTRA president Alex Waldrop sees little chance of federal legislation to allow expanded Internet wagering any time soon but he does believe that states will continue to take the lead on the issue.
The head of a Kentucky horsemen's association said his group withheld approval for the Churchill Downs signal to go out to a pair of offshore rebate shops for the undercards of the Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I), and is aggravated that the track is blaming horsemen for a decline in handle on the two programs.
All-sources handle dropped nearly 2% on the May 3 card of the Kentucky Derby Presented by Yum! Brands (gr. I), a result a Churchill Downs official blamed on the fallout from an ongoing dispute with horsemen over signal distribution.
- By Ray Paulick
By Ray Paulick -- A number of readers took exception to comments made in this space last week concerning account-wagering operators that attract customers by offering rebates of 10% or higher.
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