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Oak Street will provide $300M to fund the development, as well as a 99-year ground lease on the site, which is located near the intersection of Chicago and Halsted Street, according to a report in the Chicago Tribune. The deal includes 10 optional 20-year renewals on the lease.
Whereas, for alleged involvement in online gambling, Alvin Chau clarified his stand, saying that his company in Macau had never advertised their online gambling operations based in other countries and never deployed the Suncity staff to do so in Macau or Mainland China.




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