1,500 to Lose Jobs in Philippine Casino Closure
Around some 1,500 employees of the Legenda Casino and Hotel at the Subic Bay Freeport in the Philippines now fear losing their jobs after the Philippine Amusement and Gaming Corp. (Pagcor) closed down the establishment two weeks ago.
In a letter to President Arroyo, the employees appealed for the speedy resolution of the case between Pagcor and Legenda in a letter to the President. As the legal battle between Pagcor and Legenda continues to linger, we find ourselves on the verge of losing our livelihood of being able to support our families the letter said.
The employees were informed by the Legenda management that it will be forced to let them go because about 90 percent of the casinos finances come from the operations of the casino that has been closed and is constantly losing money while staying closed.
The Legenda casino allegedly held an illegal cockfight inside the casino plus its failure to pay the government more than P365 million in license fees has resulted in the loss of their gaming license.
Due to the struggle between the casino and Pagcor, it appears as though much trouble will arise and that the workers caught in the middle, will have a very long time to wait to see what comes of this judgment.
