Straight From The Horse’s Mouth: Ahmed Zayat Accusations Primer

Submitted by Don Shapiro on

Written by :

Don Shapiro

Published on :

Over the next few days, Gambling911.com will be providing its readers with exclusives related to the accusations lodged against American Pharoah owner Ahmed Zayat. 

These revelations admittedly took us completely by surprise on Thursday but with our vast resources in the offshore gambling community, only Gambling911.com will provide an in depth look at what others are saying about Zayat….and he is not exactly coming out smelling like roses.

*Following a news story published on the Gambling911.com website Thursday morning, offshore gambling companies contacted G911 to advise that Zayat’s reported debts extended well beyond just that of Tradewinds Casino.

*Zayat wagered an average of $200,000 per weekend and a total of nearly $9 million, according to an interoffice email sent in September by an official with the state Sports and Exposition Authority.

*Gambling911.com has learned that www.ahmedzayat.com was scheduled to go live by Friday, illustrating accusations lodged against Zayat.

*Gambling911.com has learned that Andy Asaro, a horse racing advocate, sent out an email to about 200 media types with this article attached. Quite possibly it was Mr. Asaro who got the word out about Zayat.  It’s not just the offshore books who seem to have a beef with American Pharoah’s owner.

*Horse racing experts tell G911: “Don’t expect Bloodhorse.com or the Daily Racing Form to write anything negative about Ahmed Zayat.  He is definitely a likeable guy”.  And to that end, Bloodhorse.com posted an article Thursday offering Zayat’s side of the story.  Zayat calls it “extortion”.  The New York Daily News was running the same story ahead of the upcoming Belmont Stakes, which many believe will be among the most wagered Belmont Stakes ever.  Gambling911.com, always fair and balanced, will report both sides of the story even if the offshore operators call it "Horsesh**".

*Harvard’s business school told The Record this week that it has no record of Zayat’s attending the school despite his claims to the contrary.

*More shocking accusations to come, say offshore gambling insiders.

*Last but not least, we here at Gambling911.com would be remiss in pointing out that American Pharoah could be the first horse to win the Triple Crown in more than four decades, especially if it rains.

- Don Shapiro, Gambling911.com

Related Content

2026 Early Kentucky Derby Odds Released

2026 Early Kentucky Derby Odds Released

We’re less than three weeks away from the 152nd Kentucky Derby.
Horse racing

Betting Against The Crowd In Kentucky Derby Markets: Is It Worth It?

On May 2, 2026, the Kentucky Derby returns to Churchill Downs in Louisville, Kentucky. The race continues its long-standing tradition of being held on the first Saturday in May. It will mark the 152nd time the Derby has been run.
Raid in Idaho at horse track by ICE

U.S. Citizens and Legal Residents Sue Over Aggressive Immigration Raid at Idaho Horse Racing Track

Three Idaho families who are U.S. citizens and lawful permanent residents are suing after they and hundreds of others were detained for hours during an aggressive immigration raid at a rural horse racing track last year.
Horse racing

How We Follow Horse Racing Has Completely Changed

Horse racing has always been a sport built on routine. Certain days meant certain tracks, the form guide landed when it landed, and if you missed a race, you simply caught up later. Following the sport required a bit of commitment, a bit of patience, and often a bit of guesswork.