Casino operator Wynn Resorts lost nearly $73m in the final quarter of 2019 and Macau’s casino shutdown is burning $2.5m per day off the company’s books.

On Thursday, Wynn reported that its revenue in the final three months of 2019 hit $1.65b, a 2% decline from Q4 2018. The company booked a net loss of $72.9m versus a $465m profit one year ago, although the 2018 profit got an artificial $391m boost from Donald Trump’s tax cuts.

For 2019 as a whole, revenue was down a modest 1.5% to $6.6b but net income plunged 78.5% to $123m, again, reflecting the wind assist the previous year’s results got from Trump’s tax giveaway.

In Macau, the Wynn Palace casino reported Q4 revenue falling one-fifth to $590m and earnings down 21.6% to $177.6m. VIP gambling turnover slumped 42.4% and VIP revenue slid 45.5% to $286.3m. Mass market table win managed a 2.6% rise to $315.4m while slots added $53.1m.