Olongapo SubicBay BatangGapo Newscenter

Sunday, May 28, 2006

1,500 to lose jobs in Subic casino closure

OLONGAPO CITY - Some 1,500 employees of the Legenda Casino and Hotel inside the Subic Bay Freeport now feared 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.

"As the legal battle between Pagcor and Legenda lingers, we find ourselves on the verge of losing our means of livelihood," the letter said.

The employees have been informed by the Legenda management that it will soon be forced to let them go because about 90 percent of its finances comes from the operation of its casino that has been closed.

Pagcor revoked the gaming license of Legenda for allegedly holding an illegal cockfight inside the casino and for its failure to pay the government more than P365 million in license fees. Anthony Bayarong


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