RPT-FOCUS-Pandemic-hit Macau casinos look to play the long game with cash pile
Light on debt and cash rich,
Macau’s Galaxy Entertainment is bleeding $3 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.
Macau’s Galaxy Entertainment is bleeding $3 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.
Posted by Reuters
