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Gambling Lawsuit Dismissed Against American Pharoah Owner

American Pharoah owner Ahmed Zayat was relieved to have a lawsuit over gambling debts dismissed in federal court.

American Pharoah will run for horse race's first Triple Crown in 37 years on Saturday, and his owner will be able to take pleasure from it with no concern with a major lawsuit hanging over the procedures.

A federal judge dismissed a $1.65 million gambling lawsuit against Ahmed Zayat, the one that accused him of having run up those debts by betting on sports with an offshore casino.

Zayat stated that the lawsuit, brought by Howard Rubinsky, ended up being 'a fraudulence.'

'It's total fiction,' Zayat said. 'It's a lie that is total. It is just a full instance of blackmail by a criminal.'

Statute of Limitations Exceeded

Those comments landed Zayat with a libel suit over the top regarding the gambling claim. But it seems as if Zayat was ultimately vindicated.

According to US District Judge William J. Martini, Rubinsky's claim dated back to 2005, as he first hired an attorney and investigator in an endeavor to recover the debt. That meant that the lawsuit fell outside the statute that is six-year of for the instance in nj.

Rubinsky had hoped that Martini would rule that the full situation had started in 2008, when Rubinsky stated he'd received text messages from Zayat promising to settle the amount of money he owed.

Nonetheless, Martini ruled that it absolutely was clear in those text messages that Zayat was say