GCG halts termination of over 700 Pagcor workers
The Governance Commission for Government-Owned or Controlled Corporations (GCG) has stopped the state gaming regulator from firing more than 700 workers affected by the privatization of a casino in Malate.
According to Senator Raffy Tulfo, GCG officials led by its chairperson Marius Corpus visited his office and reported that the GCG “prohibited” the Philippine Amusement and Gaming Corp. (Pagcor) “from firing New Coast employees while their redundancy plan has not been approved.”
The affected workers are from the Casino Filipino (CF)-New Coast, which will be turned over to Hong Kong-based private license holder Marina Squares Properties, Inc. (MSPI).
GCG disclosed that they have not yet approved Pagcor’s request to abolish the 774 plantilla positions in the New Coast casino. Of these, only 710 positions are filled. It added that the abolition of plantilla positions in CF-Now Coast has not yet been approved by the GCG, emphasizing that, pending approval, Pagcor may not remove its employees.
Pagcor, meanwhile, has submitted a report to the GCG on the options available to the affected casino employees.
