Washington Casino Maverick Files Bankruptcy After Restructuring
The company filed Chapter 11 in Texas and listed total liabilities and assets in the range of $100 million to $500 million, according to court papers. It owns and operates a portfolio of 27 properties across Nevada, Washington and Colorado, its website showed.
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Associated Press
5 minutes ago
- Associated Press
New Report from Wise Business Plans Warns of Rising Rejection Rates for AI-Generated Plans
AI-generated business plans are getting flagged and rejected—Wise Business Plans reveals why human-written plans still lead to funding and visa success. 'AI might save time, but it rarely wins trust—especially with lenders and immigration officers. Author: Joseph Ferriolo, Director at Wise Business Plans'— Joseph Ferriolo LAS VEGAS, NEVADA, UNITED STATES, NV, UNITED STATES, July 21, 2025 / / -- As AI tools flood the internet with generic, templated business plans, Wise Business Plans®, the nation's most trusted provider of custom business plan services, is issuing a critical industry warning: Banks, immigration officers, and investors can tell the difference—and it's costing entrepreneurs approvals, funding, and visas. For time-strapped founders and immigrant entrepreneurs, it's tempting to turn to AI-generated content to quickly produce a business plan. But according to Joseph Ferriolo, Director of Wise Business Plans and a member of the Forbes Business Council, that shortcut often becomes a dead end. 'AI might save time, but it rarely wins trust,' says Ferriolo. 'We've had client after client come to us after facing rejections tied to vague, unvetted, or AI-generated content that doesn't meet SBA or USCIS standards. These automated tools don't understand nuance, compliance, or financial modeling. Humans still do.' The Rise—and Risk—of AI Business Plan Templates Over the past 12 months, Wise Business Plans has reviewed more than 300 AI-generated business plans submitted by prospective clients seeking second-opinion evaluations. These were plans originally created using popular AI tools, often marketed as 'time-saving' or 'one-click' solutions. However, internal audits revealed alarming gaps in compliance and credibility: 88% of AI-written plans lacked detailed or compliant financial projections 71% failed to include industry-specific or visa-specific content required for regulatory review 2 in 3 were flagged by immigration attorneys or lenders as 'non-usable' for legal or funding purposes In several documented cases, AI-generated business plans contributed directly to SBA loan denials and USCIS requests for evidence (RFEs) during E-2 visa evaluations. 'These AI tools don't know what a franchisor expects, or what an adjudicating officer is looking for in an E-2 visa case,' says Ferriolo. 'They don't build financial models that reflect real assumptions. They can't interpret an FDD. They just generate filler.' The Cost of Cutting Corners Banks, immigration agencies, and investment firms are increasingly training underwriters and evaluators to identify AI-generated business plans, many of which include: Generic language not tailored to the business or industry Redundant paragraph structures common to chatbot output Financial tables without source assumptions or market validation Absence of SWOT analysis, milestones, or actionable KPIs No understanding of regional compliance or operational context The consequences are real: clients risk delays, denials, and missed opportunities. In fast-paced markets or tight visa timelines, a rejected business plan can mean losing investors, failing to meet a consulate deadline, or being disqualified from a franchise agreement. Why Human Expertise Still Wins Wise Business Plans has long been recognized for its ability to deliver custom, professionally written business plans backed by real market research and financial acumen. Having completed over 15,000 business plans across 400+ industries, the firm brings both breadth and depth that no AI tool can match. Key advantages of Wise's human-written plans include: ✅ Tailored financial projections created by U.S.-based MBA analysts with real-world industry experience ✅ Immigration- and lender-compliant formatting that meets USCIS and SBA standards ✅ Custom market research and competitive positioning grounded in current economic trends ✅ 1:1 consultation with planning experts, ensuring alignment with your funding or immigration goals ✅ Experience across 400+ sectors, including healthcare, franchising, SaaS, logistics, hospitality, and e-commerce 'We work directly with SBA-preferred lenders, immigration attorneys, and franchisors—something no chatbot or AI tool will ever be able to do,' Ferriolo emphasizes. 'Our job is not to fill space. Our job is to get your plan approved.' The Human Touch Behind Every Plan Clients of Wise Business Plans include startup founders, franchisees, foreign investors, non-profit directors, and real estate developers. From L-1 visa intra-company transfers to multi-million-dollar Series A investor plans, the company provides end-to-end strategic planning support. Each project is assigned a dedicated project manager and MBA writer, who conduct: Structured interviews with the client Market opportunity analysis Competitive benchmarking Financial modeling over 5 years Narrative development tailored to the audience (lender, investor, USCIS officer) Unlike templates or AI systems, Wise Business Plans builds each plan from scratch, combining client insights with third-party data, SBA formatting standards, and industry best practices. Entrepreneurs: Don't Risk Funding or Approval For business owners applying for an SBA loan, investor capital, or U.S. visas like the E-2, L-1, or EB-5, using an AI-generated plan is a costly gamble. In today's environment, decision-makers demand clarity, credibility, and custom strategy—not recycled content and auto-filled projections. Wise Business Plans encourages entrepreneurs to seek out trusted human expertise for a plan that reflects the seriousness of their business and the opportunity they're presenting. 'Your business deserves more than a shortcut,' says Ferriolo. 'It deserves a plan that works.' Speak With a Real MBA Plan Writer Today Wise Business Plans offers a free initial consultation and can deliver investor- or immigration-ready plans in as little as 10 business days. To learn more or schedule a call, visit: 👉 About Wise Business Plans® Wise Business Plans® is the industry leader in professionally written business plans for startups, franchises, visa applicants, and growing enterprises. Trusted by over 15,000 businesses and professionals across the globe, Wise delivers investor-grade, lender-ready, and USCIS-compliant plans tailored to each client's goals. The company is a proud member of the Forbes Business Council and supports clients in over 20 countries. Media Contact: Press Team, Wise Business Plans 📧 [email protected] 📞 1-800-496-1056 Joseph Ferriolo Wise Business Plans LLC +1 800-496-1056 email us here Visit us on social media: LinkedIn Instagram Facebook YouTube TikTok X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Fox News
7 minutes ago
- Fox News
Congressional Republicans face bruising battle to avoid government shutdown
Congressional Republicans are facing an uphill battle over the next two months to deliver on their promises to cut spending in the next fiscal year – while avoiding a partial government shutdown if no deal is struck."When's the last time we got 12 appropriations bills actually done, and completed in a couple of weeks? It's almost impossible to do," Rep. Rich McCormick, R-Ga., told Fox News Digital last week. Passing 12 individual appropriations bills, each funding separate aspects of the federal government, has been Republicans' goal each time the Sept. 30 fiscal year (FY) deadline nears. But that has not happened since 1996 — FY1997 — and the partisan environment in Washington has only gotten more polarized since. Recent Republican-backed legislation has all but sidelined the once-powerful appropriations committees in both chambers. Meanwhile, House Republicans are more broadly eager to adhere to the Trump administration's request to cut $163 billion from non-defense government spending than their Senate counterparts – which could result in a standoff between the two chambers. "It's looking like it's going to be higher than what the president's budget is. And that, I'm not a fan of," Rep. Andrew Clyde, R-Ga., a member of the House Appropriations Committee, told Fox News Digital last week. Another committee Republican, Rep. Riley Moore, said, "I'm really proud of the work the committee has done so far. I do feel like we're gonna be able to get these bills done. The question is, what's the Senate going to do?" Further compounding difficulties between the two sides of the U.S. Capitol is the 60-vote filibuster threshold that most bills in the Senate must ram through. That means that any spending bills have to be bipartisan, but after Senate Republicans advanced President Donald Trump's $9 billion rescissions package, Senate Democrats have warned that they won't play ball. Senate Majority Leader John Thune, R-S.D., said that he would like to go ahead with a regular appropriations process, but that Senate Democrats "have signaled that they don't want one." "The Democrats have been very clear," he said. "They are already conferencing the idea of a government shutdown — I don't have any idea, no idea how that is helpful for them or to anyone." Senate Majority Leader Chuck Schumer, D-N.Y., previously warned that if Republicans were successful in passing the rescissions package — after icing out Democrats during the budget reconciliation process — that there could be trouble down the road in generating enough bipartisan support to pass spending bills, nonetheless avert a partial government shutdown. Sen. John Hoeven, chair of the Senate Agriculture, Rural Development, Food and Drug Administration, and Related Agencies appropriations subcommittee, told Fox News Digital that if Democrats planned to block everything, then "what would you expect?" "By working with us, that's how they actually will get some of their priorities," the North Dakota Republican said. "But when they're going to just block us, then why should their priorities be included?" A House Appropriations Committee member who spoke with Fox News Digital on the condition of anonymity indicated that Republican lawmakers are beginning to accept the possibility of a short-term continuing resolution (CR), a stopgap measure extending the previous fiscal year's funding levels in order to keep the government open. "You could see a situation where you're in a short-term CR, and we'll try to negotiate topline numbers and all that," that House lawmaker said. It's a situation that House Appropriations Committee Chairman Tom Cole, R-Okla., didn't rule out to reporters early last week – while agreeing with Senate Republicans' concerns about Democrats failing to work across the aisle. "I'm always worried about a shutdown, because I think the Democrats have a very hard time bargaining with Donald Trump. I mean, that's why we ended up in a CR," Cole said, referring to the last round of government funding talks that resulted in a CR from March through the end of FY2025. "We offered them a much better deal than a CR, and they couldn't do it. So I hope this time they can, but the temperature on the other side is very high, and Democratic voters are punishing their own members for cooperating on things like keeping the government open." That could create issue with members of the conservative House Freedom Caucus, however, who have fiercely pushed back against CRs or "omnibus" spending bills in the past – though no such standoffs have led to a shutdown in recent years. Both House and Senate Republicans are dealing with razor-thin margins of just three votes. House Republicans scored an important victory last week in passing their $832 billion defense funding bill. That, along with the bill funding military construction and Veterans' Affairs, make up more than half of the discretionary budget requested by the White House earlier this year. But they're not expected to hold House-wide votes on any of the remaining 10 bills before early September, when Congress returns from August recess. Senate Republicans are also gearing up to consider their first spending bill, one for military construction and the VA, on Tuesday that will likely end up being a test of how the appropriations process, and likely government funding extension, will play out in the coming months. Sen. Patty Murray, the top Democrat on the Senate Appropriations Committee, said after the rescissions package passed that she wanted to see the panel return to form, and in doing so, keeping the bipartisan spirit of appropriations alive. "It is unfortunate that many members of this body have voted to make that a whole lot harder," the Washington state Democrat said. One senior House GOP lawmaker who spoke with Fox News Digital ultimately downplayed concerns of a shutdown, however. "The factors of the Senate wanting more money than the House, Democrats wanting more money than Republicans – those have been in place for a generation. And most of the time, shutdowns don't happen," that lawmaker said. "It would seem to me that although the Democrats are big mad about Elon and Trump, and reconciliation, at some point, that temperature's going to fade and people are going to realize that a shutdown doesn't really serve our national interests."
Yahoo
34 minutes ago
- Yahoo
AeroMech Issues STC for Starlink High-Speed, Low-Latency Connectivity on Citation Sovereign and Sovereign+ Aircraft
MUKILTEO, Wash., July 21, 2025--(BUSINESS WIRE)--AeroMech Incorporated ( announced today it has been awarded a Supplemental Type Certificate (STC) for the installation of Starlink high-speed internet connectivity for Cessna Citation Sovereign and Sovereign+ aircraft. AeroMech will provide the STC and PMA installation kits to Starlink Authorized Dealers. AeroMech's wholly owned subsidiary, AMI Aviation Services, will also install Starlink for customers at its facilities in Orlando/Sanford (KSFB) and Nashville/Smyrna (KMQY). AeroMech is now accepting orders for the Cessna Citation Sovereign and Sovereign+ Starlink STC equipment package and scheduling appointments at AMI facilities for installation. AeroMech currently holds Federal Aviation Administration (FAA) STCs for the installation of Starlink on the Beechcraft King Air 200/300 Series, Cessna Citation Excel/XLS/XLS+/XLS Gen2, Cessna Citation X/X+ (750), Cessna Caravan and Grand Caravan, and Cessna Citation Sovereign/Sovereign+ aircraft. For more information, please contact starlinksales@ About AeroMech Incorporated and AMI Aviation Services, LLC AeroMech / AMI provide turnkey solutions for inflight connectivity, avionics and other aircraft systems to aviation customers worldwide. By utilizing its delegations as an FAA STC ODA, Part 21 PMA and Part 145 repair stations at the Orlando/Sanford Airport (KSFB) and in Smyrna, TN (KMQY), AeroMech can provide a dynamic and efficient approach to integrating the latest and most desirable technology into your aircraft. For more information, email starlinksales@ or visit and the AeroMech LinkedIn Page: About Starlink by SpaceX Starlink delivers high-speed, low-latency internet to users all over the world. As the world's first and largest satellite constellation using a low Earth orbit, Starlink delivers broadband internet capable of supporting streaming, online gaming, video calls and more. Starlink is engineered and operated by SpaceX. As the world's leading provider of launch services, SpaceX is leveraging its deep experience with both spacecraft and on-orbit operations to deploy the world's most advanced broadband internet system. Learn more at Follow Starlink on X View source version on Contacts Press Contact: Anthony WiederkehrChief Operating OfficerAeroMech Incorporatedstarlinksales@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
