Pandemic-hit Macau casinos look to play the long game with cash pile

HONG KONG (Reuters) - Light on debt and cash rich, Macau's Galaxy Entertainment is bleeding $3 million (£2.4 million) daily in operating cost as the coronavirus crisis upends its casino business. Such a jolt could sink most companies - a risk not taken lightly by global policymakers who have delivered various measures over the past two months to help cushion corporate losses. Yet Galaxy and many of its counterparts in the world's biggest gambling hub have enough cash on hand to ride out the..