FBM has announced plans to build a new US$10 million software house in Manila as part of a strategic expansion aimed at reinforcing its commitment to the growing Philippine market.
The investment was announced in Portugal on Wednesday during a visit by Philippine gaming regulator PAGCOR – including Chairman and CEO Alejandro Tengco – to one of the FBM Group’s software houses in Porto. The PAGCOR delegation was joined by FBM director Renato Almeida and Philippines Country Manager Pepe Costa, who showcased the technology, innovation and methodologies used by the FBM Group in the creation of its video bingos and slots. Almeida also took the opportunity to announce the new software house and explain the brand’s investment in the new facility, the company said.
“We are a reference in the Philippines gaming scene, and this investment represents our commitment to reinforcing FBM’s leadership position in the country,” Almeida said. “We want to continuously bring tailored entertainment products and experiences that resonate with the Filipino audience, and this facility will be the perfect infrastructure to meet the growing demand of this market.”
FBM added that the new software house will follow the successful models implemented in FBM Group’s current software houses in Portugal and Brazil while adding proximity and expertise to local culture. The aim, it explained, is for the facility to serve as a gateway for innovation in the country, allowing FBM to stay ahead of trends and develop cutting-edge technology and innovative solutions.
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