PhilWeb Corporation and FBM Sign Strategic Agreement to Build and Deploy FBM’s Online Gaming Capabilities Across Its Nationwide Machine and Venue Network

PhilWeb Corporation (PSE: WEB) announced the signing of a strategic service agreement with FBM, a global leader in electronic bingo content, video bingo, slot machines and electronic gaming machines. The contract signing held on February 23 was attended by representatives from both PhilWeb Corporation and Memo Multinational Corporation (FBM’s Philippines representative company). PhilWeb will support the development and deployment of FBM Philippines’ online gaming capabilities, uniquely designed to be rolled out directly across FBM’s extensive offline machine and venue network.

FBM is a leading global casino gaming equipment and content provider specializing in video bingo, slot machines, and electronic gaming machines, with over 20 years of experience in the Philippine market. The company is widely recognized as a dominant force in the e-bingo segment, operating a nationwide network of over 500 gaming venues and up to 30,000 machines.

Under the agreement, PhilWeb will provide technology services, systems integration, and regulatorycompliant support to build and operate FBM Philippines’ online gaming platform, with the key differentiator that these online capabilities can be directly deployed into FBM’s existing machines and physical venues. The rollout is expected to begin across thousands of machines, with the potential to scale to up to 30,000 machines across more than 500 locations nationwide.

Unlike conventional online gaming projects that operate independently from physical venues, this collaboration enables a fully integrated online-to-offline (O2O) model, where digital content, features, and engagement mechanics are delivered through FBM’s brick-and-mortar network. This approach is intended to help physical e-gaming venues reverse traffic pressure, enhance player engagement, and strengthen revenues, particularly in an environment where standalone offline operations face increasing challenges.

PhilWeb Corporation is a PSE-listed IT solutions and gaming services company and the pioneer of eGames in the Philippines, operating under a service agreement with the Philippine Amusement and Gaming Corporation (PAGCOR). The company specializes in delivering secure, compliant, and scalable technology and operational services to licensed gaming operators, enabling large-scale regulated deployments.

“Rather than launching a standalone online product, this collaboration allows us to help FBM build online capabilities that are deeply integrated into their existing machine and venue network,” said Mr. Brian Ng, President of PhilWeb Corporation. “By embedding online functionality directly into physical venues, we can support FBM in driving engagement and revitalizing offline operations at scale.”

Mr. Pepe Costa, Country Manager of FBM Philippines, said, “This partnership enables us to extend our online presence in a way that directly benefits our offline business. By deploying online-driven features across our machines and venues, we can offer a more engaging experience for players while creating stronger revenue opportunities for our partners nationwide.”