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With seventeen casinos, Moneyland operates the most casinos

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Manager
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Joined: 04 Sep 2016
Posts: 201

Kudos [?]: 30 [0], given: 110

Location: India
WE: Engineering (Other)
With seventeen casinos, Moneyland operates the most casinos [#permalink]

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New post 06 Aug 2017, 04:02
Hi sonikavadhera

I used similar approach to yours but can you validate my below reasoning
on the lines of RaghavSingla in above post:
M A E
17 25 x before acquisition
22 20 x-5 after acquisition

Let's leave E since we know it is acquired by A and as such had less casinos than A and M

Now my goal of weakening the argument should be to weaken the prediction that
A does not have maximum no of casinos

This is possible if option (A) is true then as per your remarks M has more casinos than A but
only if there are no other casino organizations in country.

Kudos [?]: 30 [0], given: 110

Manager
Manager
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B
Joined: 06 Nov 2016
Posts: 90

Kudos [?]: 17 [0], given: 15

GMAT 1: 710 Q50 V36
Re: With seventeen casinos, Moneyland operates the most casinos [#permalink]

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New post 07 Aug 2017, 14:21
adkikani wrote:
Hi sonikavadhera

I used similar approach to yours but can you validate my below reasoning
on the lines of RaghavSingla in above post:
M A E
17 25 x before acquisition
22 20 x-5 after acquisition

Let's leave E since we know it is acquired by A and as such had less casinos than A and M

Now my goal of weakening the argument should be to weaken the prediction that
A does not have maximum no of casinos

This is possible if option (A) is true then as per your remarks M has more casinos than A but
only if there are no other casino organizations in country.


Hi adkikani

I am not quite sure what your question is but it seems like you answered your own question:
Pasting Option A for your reference below:
'A) Apex, Eldorado, and Moneyland are the only organizations licensed to operate casinos in the state.'

This says, that if Apex, Eldorado and Moneyland can only operate casinos and there are no other casino organizations.

Hope I was clear

Kudos [?]: 17 [0], given: 15

Manager
Manager
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Status: One more try
Joined: 01 Feb 2015
Posts: 52

Kudos [?]: 20 [0], given: 150

Location: India
Concentration: General Management, Economics
WE: Corporate Finance (Commercial Banking)
GMAT ToolKit User
Re: With seventeen casinos, Moneyland operates the most casinos [#permalink]

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New post 13 Aug 2017, 08:45
walker wrote:
With seventeen casinos, Moneyland operates the most casinos in a certain state. Although intent on expanding, it was outmaneuvered by Apex Casinos in negotiations to acquire the Eldorado chain. To complete its acquisition of Eldorado, Apex must sell five casinos to comply with a state law forbidding any owner to operate more than one casino per county. Since Apex will still be left operation twenty casinos in the state, it will then have the most casinos in the state.

Which of the following, if true, most seriously undermines the prediction?

A) Apex, Eldorado, and Moneyland are the only organizations licensed to operate casinos in the state.
B) The majority of Eldorado's casinos in the state will need extensive renovations if they are to continue to operate profitably.
C) Some of the state's counties do not permit casinos.
D) Moneyland already operates casinos in the majority of the state's counties.
E) Apex will use funds it obtains from the sale of the five casinos to help fund its acquisition of the Eldorado chain.



Great Question .
Nicely explained by Singal
_________________

Believe you can and you are halfway there-Theodore Roosevelt

Kudos [?]: 20 [0], given: 150

Re: With seventeen casinos, Moneyland operates the most casinos   [#permalink] 13 Aug 2017, 08:45

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With seventeen casinos, Moneyland operates the most casinos

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