Atlantic City’s struggling Trump Taj Mahal casino says it plans to close its doors after failing to reach agreement with its striking unionized workforce.

On Wednesday, Tony Rodio, president of the Taj’s management firm Tropicana Entertainment, announced that the Taj Mahal would close “after Labor Day weekend.” The news comes the same day that the strike called last month by Local 54 of the Unite-HERE union tied the record for the longest work stoppage in AC history.

Rodio said the Taj was “losing multi-millions a month” and Trop Ent’s directors “cannot just allow the Taj to continue burning through tens of millions of dollars when the union has singlehandedly blocked any path to profitability.”

Around 1k Local 54 members walked off the job ahead of the July 4 holiday weekend to protest the cancellation of their health and pension benefits by billionaire investor Carl Icahn, who assumed ownership of the Taj after it filed for Chapter 11 bankruptcy protection in 2014.