Lawrence Ho, the CEO, chairman and executive director of Melco Resorts and Entertainment Ltd., can’t complain about his salary from last year, unless he believes $14.99 million is something to complain about. Of course, he could always gripe about the fact that it was about 6.5% less than the $15.97 million he received just a year earlier. Financial hardship is approaching.

According to a filing with U.S. Securities and Exchange Commission (SEC) from this past Wednesday, Melco indicated that Ho was given $3.75 million in salary and benefits. He was also given $8.41 million in share-based compensation, over $2.83 million in performance bonuses and $2,000 in contributions to his retirement plan. The filing also indicated that all of the Melco directors earned a combined $17.42 million for their efforts in 2018.

The income package comes as Melco reported a net profit of $351.5 million last year, about $3.5 million more than the $347 million a year earlier. However, net revenue dropped from $5.3 billion to $5.2 billion year-on-year.

As of the end of this past March, Ho controlled 54.05% of Melco’s ordinary shares that entitle him to share dividends paid by the company. Another 0.95% is held by the executive through vested restricted shares or through the exercise of options that have been granted to him.