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Zayat allowed to bet on credit in New Jersey

Ahmed Zayat, the prominent racehorse owner, was allowed to bet on credit through New Jersey’s state-run account-wagering system in violation of state laws, according to a report on a New Jersey website.

Northjersey.com published Zayat’s name after receiving copies of exhibits in a lawsuit filed on Wednesday by the owners of Freehold Raceway against the New Jersey Sports and Exposition Authority. One of the exhibits identifying Zayat as the bettor was later redacted by a judge, and a copy of the lawsuit obtained on Friday did not include the exhibits identifying Zayat by name.

A phone call to Zayat was not returned on Friday, but he was quoted in the story as saying, “The facts are all wrong.”
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