Yet another reason for Rendell and BO to talk about how great Harrah's is.
They actually lost $$$ ($142M) for the quarter. They must have had some incredibly high extraordinary one time charges or costs to shut down discontinued operations.
I have the hard copy (2/10-16) PBT in front of me. Harrah's S&P bond rating is BBB (stable rating). IoC is BB- (negative rating). Majestic Star is B+ (negative rating). Harrah's has a debt to equity ratio of 1.79. IoC is 4.81. Majestic Star is negative. Harrah's has a $2.71B borrowing capacity as of 9/30. IoC is $400M as of 10/23. Majestic Star is $40M as of 9/30.