The employees of the Dragonara Casino (located in Malta) are quite upset with the casino’s new owners – and rightly so. When the Novomatic Peninsula Consortium took over, the new owners gave assurances that none of the casino’s 200 employees would be fired. Despite this employee retention agreement, four managers have been fired, The Malta Independent reported.
According to The Malta Independent, the casino’s manager, deputy manager, slots manager and cash manager were all summarily fired without being offered alternative positions within the organization. The Novomatic Peninsula Consortium simply told the managers that the positions they occupied were no longer available; security officers where then called in and escorted the managers off the premises.
The managers did get a severance pay though – the minimum severance pay required by law.
The four managers did not see this coming at all. They were given guarantees from the government that no employee would be fired. According to The Malta Independent, the managers consider their firing as unacceptable treatment and they intend to take their case to the Industrial Tribunal.
The Malta Investment Management Co. Ltd (Mimcol), a government body, leased the Dragonara Casino until June 2009. Mimcol then extended the lease until January 2010. For another six months after that, the concession of the casino was delayed. Finally in July 2010 the Novomatic Peninsula Consortium took over after it offered about €12.8 million in net value. The Novomatic Peninsula Consortium will operate the Dragonara Casino for the next 10 years under the name Dragonara Gaming Ltd. When the Novomatic Peninsula Consortium took over it agreed to take in its employment all Dragonara Casino Ltd staff under the same terms and conditions and to retain the same employees through the concession period, unless they are dismissed for good reasons according to law.
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