No Elvira from Stern, for show pricing?

So there is a post on the MGC Facebook page that is a bit confusing to me. If I am reading it right, it appears as if MGC is asking to be shutdown by a government agency. If not, they will be financially ruined for any future shows.

I am confused, what is stopping them from just having the show? And if the show goes on, is the only concern nobody would show up, or are there already vendors canceling?

Because at this moment I am still planning on attending.

So I am still a bit confused, was it simply a moral reason that MGC did not want to "have" to hold the show. Or were there indicators that attendance wouldn't be made, and thus a funding shortfall.

Also, I assume this cancellation includes Tom Taylor's event?