Asia
FBM® announces a $10M investment in a software house based in the Philippines during a PAGCOR visit to Portugal
FBM®, a leading player in the gaming industry in the Philippines, is set to reinforce its commitment to this market by investing $10M 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 the FBM Group’s software houses in Porto, Portugal.
The Champion legacy of FBM has strong roots in the Philippines. FBM has been expanding its land-based operations in the country for over two decades and recently launched its remote gaming platform FBM E-Motion, following the steps of PAGCOR in modernizing and expanding the gaming industry in the country.
To strengthen ties between both institutions and renew its commitment to continue investing in the Philippines Gaming Industry, FBM invited a PAGCOR delegation led by Chairman and CEO Alejandro Tengco to join Renato Almeida (Director at FBM) and Pepe Costa (Philippines Country Manager at FBM) in visiting 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 reliable, compelling, and high-performance video bingo and slots. During the visit, Renato Almeida took the opportunity to announce the building of a new software house in the Philippines and explain the brand’s $10M investment in this new 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 and experiences that entertains the 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 FBM 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.
Asia
GGPoker.ph Donates ₱1,000,000 To Feeding Metro Manila To Counter Typhoon Carina’s Impact
GGPoker.ph, the World’s Biggest Poker Room, is proud to announce that it has donated 1,000,000 Philippine pesos to the Feeding Metro Manila charity in the immediate aftermath of Typhoon Carina. This powerful natural disaster devastated Manila and its environs in late July, causing extensive flooding and damage across a wide area.
Feeding Metro Manila will use the funds for three primary purposes: to provide food for needy children impacted by the devastating natural disaster, to improve the locations from which the charity distributes food, and to help fund a library for children in the city’s most impoverished areas.
GGPoker.ph hosted a Charity Freeroll Series of online poker tournaments from August 10 through August 18, which gave Philippine poker players multiple free opportunities to play for prizes. The poker room also encouraged players taking part in the series to consider voluntarily donating to worthy charities helping the country recover from Typhoon Carina.
“All of us need help at one time or another, and the great Philippine poker community is always ready and willing to support their fellow countrymen and women,” said Ron Dale Gascon, President of GGPoker Philippines. “GGPoker is proud to be in a position to help and to acknowledge that there are some things more important in life than playing our favorite card game; we are delighted to support Feeding Metro Manila and see the city’s most needy children receive relief in the aftermath of this terrible disaster.”
Luis Banson, Founder of Feeding Metro Manila, expressed his appreciation to GGPoker.ph and the wider Philippine poker community by adding, “Feed the hungry and experience the power of Love.”
GGPoker.ph is licensed by the Philippine Amusement and Gaming Corporation (PAGCOR) and connects Philippine players to the rest of the global poker community.
New GGPoker.ph players can claim the poker room’s Welcome Bonus, earn additional rewards with the Honeymoon for Newcomers promotion, and automatically join GGPoker’s Fish Buffet loyalty program, offering regular cash prizes.
Asia
Felicity Games partners with AbhiTech Games; publishes two games: Witnesses 3x growth
DeVC led Felicity Games, a casual game developer and publisher, today announced a partnership with AbhiTech Games, a leading game developing studio, to launch and publish two games viz: Warbound and Laser Tanks. With this partnership AbhiTech Games will gain access to Felicity’s 1 million users while Felicity will aim to grow by 3x and almost double their monthly unique users by Q2 of 2025.
AbhiTech Games is a gaming studio founded in 2018 by Abhishek Singh Rana, a two-time winner of Indian Game Developer Conference (IGDC) ‘Student Game of the Year Award’. It is an independent game studio known for creating titles like Paperly: Paper Plane Adventure and Laser Tanks. Currently, they are working on Warbound, a strategic deck-building game that challenges players to lead armies and conquer kingdoms.
Felicity secured a $700K pre-seed funding from marquee angel investors Kunal Shah of CRED, former Nazara CEO, Manish Agarwal, Sriharsha Majety, Nandan Reddy of Swiggy and Sameer Pittalwala, Head of Gaming, Google Cloud (APAC) among key investors including DeVC and Visceral Capital. The company has already generated an increase in revenue by six times and plans to hit USD 1 million ARR in the next 6 months.
Felicity will gain the rights to publish Laser Tanks, with 20,000 downloads on Google Play, and will also launch and publish Warbound, the latest game project from AbhiTech Games. Laser Tanks is a fast-paced top-down shooter game where you battle against alien monsters using weapons and laser-equipped tanks. Warbound is about building your ultimate battle deck and leading your armies in epic strategic warfare. Collect powerful cards & conquering rival kingdoms.
The studio will aim to scale the games with the help of ‘Pokhran’ a proprietary framework which rapidly prototypes and tests casual games in partnership with Indian game developers for commercial viability.
Anurag Choudhary, Founder & CEO of Felicity Games stated, “Through this partnership combining our expertise in casual game publishing with AbhiTech Games’s award-winning game development, we aim to not only expand our audience but also carry forward a shared vision. The innovative Pokhran framework will surely enhance our growth and create unforgettable experiences for players everywhere.”
Abhishek Singh Rana, Indie Developer and Founder at AbhiTechGames also stated that “The Pokhran framework will be a game-changer for us, helping us reach more players, achieve more downloads, and most importantly deliver memorable gaming experiences. Partnering with Felicity Games will allow us to take our games to the next level and grow alongside a company that shares our passion for innovation.”
Beyond game development and publishing, Felicity Games distinguishes itself through strategic partnerships with studios and brands to co-create compelling intellectual properties (IPs). This collaborative approach not only enriches the gaming ecosystem but also expands the company’s reach and influence within the industry.
As AbhiTech Games and Felicity Games come together to bring Warbound to life, Indian gamers and the global gaming community can look forward to an experience that promises to be both innovative and engaging.
Asia
BINGO FOR A CAUSE’ OFFERS BIGGER FUNDS TO LGUS, ORGANIZATIONS
The Philippine Amusement and Gaming Corporation (PAGCOR) said it has tweaked its “Bingo for A Cause’’ program to help local government units (LGUs) and non-government organizations (NGOs) raise more funds for their socio-civic programs.
PAGCOR Assistant Vice President Maria Teresa Ocampo said the state gaming agency has approved new packages that will allow LGUs and NGOs to earn as much as 50% share from proceeds of bingo events to be conducted with PAGCOR.
“The revised bingo package will give our partners the option to sell tickets from as low as Php100 to Php1,000 each, depending on the package that they choose,” she said. “The proceeds will even go higher depending on their ticket sales.”
Ocampo, who heads PAGCOR’s Bingo Department, said the ‘Bingo for A Cause’ project will also allow communities and organizations to enjoy the fun and thrill of bingo games in a lawful way while contributing to worthy causes.
“Like any game of chance, only PAGCOR has the mandate to authorize bingo activities, hence bingo games without PAGCOR’s permission are illegal,” she said.
“We thus remind our partner communities and organizations to first coordinate with PAGCOR’s Bingo Department if they plan to organize bingo events and explore partnership opportunities with us,” she added.
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