FBM, a global supplier of electronic gaming machines such as casino slots, will invest US$10 million to build a new “software house” in Manila.
On Tuesday, a delegation from the Philippine Amusement and Gaming Corporation (PAGCOR) visited FBM Group’s software facility in Porto, Portugal. During the visit, FBM officially announced the upcoming investment.
In a written statement, FBM emphasized its steady, two-decade growth in the Philippine land-based gaming sector. Recently, it launched its remote gaming platform, FBM E-Motion, marking another major step in its expansion.
FBM’s investment aligns with PAGCOR’s broader strategy. The regulator aims to modernize the local gaming ecosystem and encourage sustainable industry growth.
The new software house in Manila will follow successful models from FBM Group’s existing facilities in Portugal and Brazil. However, it will also integrate Filipino talent and culture to ensure local relevance.
FBM expects this new facility to drive tech innovation in the Philippines. It will help the company stay competitive by designing and developing advanced solutions tailored to market needs.
Renato Almeida, FBM’s director, underlined the company’s strong position in the Philippine gaming market. “This investment reinforces FBM’s commitment to maintaining its leading position in the country,” Almeida said.
He added that the facility will also meet increasing demand. Filipino players are seeking more personalized entertainment products and immersive gaming experiences that reflect their preferences.
In addition to the announcement, FBM hosted PAGCOR’s delegation at its Portuguese software facility. PAGCOR Chairman and CEO Alejandro Tengco led the group. FBM executives, including Almeida and Philippine country manager Pepe Costa, joined them during the tour.
Together, they explored the technology powering FBM’s popular video bingo games and slot machines. The visit provided PAGCOR with deeper insights into the company’s innovation-driven approach.
The Philippines remains one of the few countries in Asia with a legal framework for both land-based casinos and online gaming. This dual market structure creates a strong advantage for operators.
By encouraging suppliers like FBM to open local offices and training centers, the country stands to gain even more. These investments will strengthen domestic capabilities and create new opportunities for Filipino talent.
