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Details: Karen Wells, executive director of the Massachusetts Gaming Commission, cautioned commissioners in a letter against issuing more temporary licenses than what they can issue permanently without a regulatory process in place.
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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.
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