FBM®, a leading player in the gaming industry in the Philippines, is set to invest €9 million in the construction of a new software house in Manila. This strategic expansion decision was announced yesterday during a visit by a Philippine Amusement and Gaming Corporation (PAGCOR) delegation to one of FBM Group's software houses in Porto, Portugal.
FBM has strong roots in the Philippines, having expanded its land-based operations in the country for over two decades. Recently, the company launched its remote gaming platform, FBM E-Motion, in line with PAGCOR's efforts to modernize and expand the gaming industry in the country.
To strengthen ties between both institutions and reaffirm its commitment to the Philippines gaming industry, FBM invited a PAGCOR delegation led by Chairman and CEO Alejandro Tengco to visit one of the Group’s software houses in Portugal, where FBM announced a key strategic decision for the market.
The tour allowed PAGCOR representatives to explore the technology, innovation, and methodologies used by the FBM Group in the creation of high-performance video bingo and slots. During the visit, Renato Almeida, Director at FBM, announced the construction of a new software house in the Philippines and explained the brand's €9 million investment in this facility.
“We are a reference in the Philippines gaming scene, and this investment represents our commitment to the industry and to boost FBM’s leadership position in the country. We want to continuously bring customized entertainment products that entertain Filipino players, and this facility will be the perfect infrastructure to meet the growing demand of this market,” stated Renato Almeida.
The new software house in the Philippines will follow the successful models implemented in FBM Group's current software houses in Portugal and Brazil, while adding proximity and expertise in local culture. FBM expects this facility to serve as a gateway for innovation in the country, allowing it to stay ahead of trends and develop cutting-edge technology and innovative solutions.
With this significant investment in a new software house, FBM begins a new chapter in its successful journey in the Filipino gaming industry. Once again, the FBM Group demonstrates its commitment to continuous growth and technological evolution, remaining focused on delivering high-quality experiences for players and business partners worldwide.
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