Good morning, and thank you for all joining us at short notice for this important investor update. This is Sam Swanell, Group CEO, and I'm joined on the call today by Group CFO, Andrew Miller, and President of Technology and Product, Manjit Gombra Singh. Turning to slide three. As announced earlier today, PointsBet has entered into a binding share purchase agreement to acquire Banach Technology Limited for $ 43 million on a cash and debt-free basis. The purchase price will be paid 55% in cash, and the remainder in scrip, being 1.75 million company shares calculated using the 20-day VWAP immediately prior to the date of the agreement. These shares will be issued under the company's Listing Rule 7.1 placement capacity. Turning to slide four. Established in 2015, Banach Technology is a Dublin-based B2B provider of proprietary risk management platforms and quantitative-driven trading models that support complex betting products across numerous sports, including the four major American sports and international soccer. Banach has built a team of 40 staff with deep experience creating products in the mature and sophisticated European sports wagering market, with a key focus on in-play betting. The acquisition provides PointsBet with a European technology and operations hub, which will enable PointsBet to attract talent from the mature European and UK markets. Having such a deep bench of European-based sports wagering technologists will assist in accelerating recruitment efforts in that region as key talent seeks to apply their European learnings to the burgeoning US market. Moving to slide five. Banach was founded by Mark Hughes, Alex Zevenbergen, Hadrien Lepretre, and Rob Reck, all of whom played a major part in establishing the quants division of Paddy Power, being now part of Flutter Entertainment. The four founders will have the following roles within the PointsBet Group. Mark Hughes will become Group Chief Operating Officer. Alex Zevenbergen will become the Vice President of Engineering, Trading Platform. Hadrien Lepretre will become Vice President of Quantitative Analytics, and Rob Reck will become a Product and Technology Advisor to PointsBet. The founders will receive 65% of their total transaction consideration in PointsBet scrip. The scrip will be subject to lockups for periods of between 12 and 36 months, aligning the interests of these individuals with the ongoing success of PointsBet. Turning to slide six. Over the next three years, in-play wagering is expected to represent circa 75% of all sports wagering activity in the U.S. This acquisition accelerates PointsBet's technology roadmap and places the company in a prime position to take advantage of the coming growth in in-play sports betting activity in the U.S. I believe this acquisition will position PointsBet as the US leader of in-play sports wagering. The strategic rationale for the acquisition is to accelerate and strengthen PointsBet's in-play technology and product roadmap by delivering 40 leading technology and product professionals together with proven market-leading in-play models, platforms, and products. In-play clients are more valuable than the traditional pre-match bettor. In particular, the higher engagement of in-play client leads to more play days, more betting sessions, and ultimately, more turnover and revenue. However, in-play clients seek a superior betting experience based on a fast-performing and reliable technology, high uptime availability of markets throughout a match, faster bet acceptance, and depth and breadth of in-play product offering, including increased player prop and micro market opportunities. Therefore, owning and controlling first-class in-play betting technology is a must. Having considered various other solutions, it is clear that the Banach team and technology is best in market. Banach currently provides services to several of the world's premium sportsbook operators. PointsBet will continue to honor these existing B2B contracts until they're expiry, with the revenues generated assisting in covering the overheads of the Banach business, the majority of which are staffing costs. The Banach acquisition provides significant strategic benefits to PointsBet. A meaningful ROI is expected when considering a conservative increase in customer lifetime value across our current US states and our expected rollout in further US states. This will be driven by increased share of wallet, gross margin improvement, and improved retention, as well as the future benefits from cost internalizations. While we continue to honor Banach's existing B2B relationships, we don't expect the acquisition will require additional funding from the group. I will now hand over to Manjit to provide some further details on how this acquisition will accelerate and strengthen our existing capabilities. Thank you, Sam. Turning to slide seven. Technology is at the forefront of everything we do at PointsBet. As Sam has previously noted, PointsBet has taken an approach to control our destiny by owning in-house proprietary technology since day one. This has always been our number one priority. As the opening of legal US sports betting accelerates, it has become clear that the in-play opportunity will be significant, and those with the best depth and breadth of product will win. With this in mind, the acquisition of Banach is a strategic approach to strengthening our in-play capabilities. It accelerates speeds to market while allowing us to own market-leading technology and control our destiny. Let me now step through what the acquisition of Banach delivers to accelerate our technology roadmap and how it allows us to deliver on our objectives faster. Firstly, it will drive clear product enhancement and market-leading differentiation. This will assist us in building a rich in-play sports betting experience for our customers and will deliver much sought-after innovative micro markets and player prop betting products. Secondly, it will assist in driving improved customer retention and lifetime value through an increase in player share of wallet and through increased brand trust, which comes from having a superior in-play product and betting uptime. Thirdly, this allows for a product-led point of distinction in our marketing strategy and will deliver strong customer advocacy. Fourthly, over time, as we continue to internalize data feeds, our costs for data feeds will reduce. Before I hand back to Sam, I would like to reference slide eight, which gives an overview of the key areas of product acceleration, which will directly benefit from this acquisition. I'll mention just a few of these. Points one, two, and three deliver a complete product for in-play and pre-game betting, including same-game parlays, player props, and micro markets for the key US sports. With increased market uptime and modern tooling, points six and seven increase market availability and price stability. On points eight and nine, the promotion and bet recommendation engines will deliver personalized content automatically for our customers. With call to action stats and game visualization, points 10 and 11 will offer a richer customer experience. Lastly, in-play betting creates a fun experience for our customers and is projected to dominate sports betting. Supporting high volume and high quality in-play betting changes the fundamental operations of a sports betting platform, requiring automation and intelligence. As you see from the areas we have covered, we are well-positioned for innovation in this space. I'll now hand back to Sam for concluding comments. Thanks, Manjit. It is clear that the long-term success of an operator in the US sports wagering market will be largely determined by the quality of a sportsbook's in-play product offering and user experience. In Banach, we are acquiring a best-in-class proven product with world-leading talent. This will see clear product enhancement and market-leading differentiation and lead to optimization of critical success factors such as reduction in cost per acquisition, increased client retention, increased share of wallet, and increased lifetime value. We've consistently stated that excellence in product will be the ultimate determinant of success in the US sports betting market. With today's transaction, PointsBet is strengthening and accelerating its product roadmap. I'll now happy to take any questions which directly relate to this acquisition. Thank you. If you wish to ask a question please press star one your telephone and wait for your name to be announced. If you wish to cancel your request please press star two. If your on a speaker phone please pick up the handset to ask your question. Your first question comes from Rohan Sundram from MST Financial. Please go ahead. Hi, Sam, Manjit, and Andy. Thank you. Just a couple of quick ones. Firstly, can I ask, how did the acquisition come about? How was it originated? And maybe, Sam, if you can just talk through how in-play enhances the cross-sell opportunity into online casinos, that'd be great. Thank you. Yeah, certainly. Hey, Rohan. Look, the opportunity came about, as we've always spoken about, we're committed to proprietary technology, but we've always got our eyes open for opportunities that may be able to accelerate and strengthen our position in terms of our product roadmap. I think it's fair to say that we have had a look at the full spectrum of similar businesses in the marketplace, and we know all, let's call it relevant B2B providers and B2C providers that could be of value. In finding Banach, we found the partner that delivered what we believe are the critical elements for this US in-play sports betting product. Just a result of understanding how important this area is, looking at opportunities that may be able to accelerate our own development in this space and identifying Banach as clearly the number one opportunity. What was the second part, Rohan? It was around the cross-sell into online casino, how in-play actually enhances that opportunity. Yeah. Look, obviously, from a PointsBet perspective, we haven't launched our iGaming product yet. That's coming soon in Michigan and in New Jersey, as you're aware. From previous experience in the space, let's call it the alignment between an in-play bettor and their propensity to play online casino and the pure pre-match bettor, there's certainly a higher propensity from other businesses that we've looked at. You can see the natural synergies there in that there's quick-fire betting opportunities. You're not putting a bet on pre-match and then waiting three hours for that match to complete. There's an opportunity to bet regularly. I think there's a clear sort of alignment there. Thanks, Sam. Thank you. Your next question comes from Sacha Krien from Evans & Partners. Please go ahead. Morning, Sam, and guys. A couple of questions. First of all, Sam, are you able to give a little bit of color on once you wind back Banach's B2B contracts. What the remaining costs will be? Should we take it from that you will no longer provide a B2B service once those contracts expire? Great, Sacha. Yeah, that's correct. We've made this acquisition for the benefits that Banach can provide to PointsBet as an in-house resource. We will honor the B2B relationships that they have, but as those contracts expire, we wouldn't plan to renew them. Look at these costs as being people that we would've hired anyway. What we've just done is ensure that we can find the best 40 people with the most experience and with an advanced product already. These are roles that we would've continued to add to our team to flesh out our in-house product and technology team. We're just picking them up in this transaction with Banach. Is this something that others can replicate with an investment? You say you're gonna be the market leader in the US space on the back of this. Is it something that's replicable with enough investment? Look, our view is that, these guys are best at what they do, and combined with what Manjit has built currently in our technology and product division, that we will have the opportunity to lead the market here. I don't believe it is that easy to replicate. I think if we look across the marketplace in our assessment of in-play products out there, what we plan to deliver, we don't believe is currently out there in the marketplace. I think everyone is aware of the opportunity of in-play betting, and in particular, US in-play betting. Missing the complexity and the challenges to really deliver a best-in-class product, I don't think anyone will be able to deliver what we're going to deliver. That indirectly tells you that I don't think anyone has the current capability inside their teams. so I think, Flutter would be the closest comparison. And a lot of that success comes down to the impact that this group of individuals had on the Flutter business a few years ago. Okay, great. One other question. We'll get someone else to go. There's a comment in one of your documents about this being your first European operations. Is there much we can read into that in terms of an interest in the European sports betting market? No. This is just us setting up an office. Obviously, we've set up offices in India and other places where we think we can access best-in-class talent. I think it just makes sense that now having the base of this group there, it does make it easier having a European HQ to attract and retain talent from that part of the world, that can get exposure to the exciting US opportunities. No, no intentions to launch beyond the U.S. and Australia. Yeah. Okay. Thank you. Thank you. Once again, if you wish to ask a question, please press star one on your telephone and wait for your name to be announced. Your next question comes from Damien Williamson from Bell Potter. Please go ahead. Hi, Sam, Andy, and Manjit. Just a question on the in-play technology. Can you outline how this enhances what you currently offer? I assume that your current in-play offer would stack up pretty well, but can you sort of outline what this new Banach acquisition does to enhance what you currently got on offer? Certainly. Damien, I hope you're well. I think, look, as has been recognized, in the US market where in-play is operating online, our product is seen as a top-tier product. That's what gives us the confidence that by adding these individuals and this team, that we can grow from that perspective and really prove ourselves to be elite in this space. The easiest, let's call it elements, to understand are, one, your ability to keep markets open through a game. Obviously in matches, there's critical moments of where things are happening, and the odds that you're offering clients can go stale very quickly. And a real differentiator between the good operators and the average operators is your ability to maximize uptime or minimize downtime where you're not offering markets because you've suspended them, because you don't have the confidence in your models and your prices to withstand what's happening in the game. We want to improve our uptime. We want to be able to leave our markets up for longer, and that's a clear differentiator because if you're a punter, when you want to place a bet, you want to place a bet. You don't want to have markets suspended on you. Depth and breadth of products. Obviously, to bet in play, you're dealing in live data. You're dealing with things that are happening at once. The more markets you offer, the more complicated the markets, let's call it player props, micro markets, et cetera, the more complexity that you introduce into your back office support of those products. With these algorithms, the tools, the data ingestion, et cetera, we believe we can have a greater depth and breadth of product in our position. They're probably the two easiest examples. The final one I'd probably say is on margin and ensuring that not only do you have prices up, but they are actually extremely accurate and maximizing margin on the relative outcomes of the prop that you're betting on. We see these guys certainly enhancing our ability there as well. Yeah. Also, in terms of the technology, like you obviously got in-play betting with Betfair. Would you sort of ensure that, like part of that technology, that you ensure that there's no arb opportunity between Betfair and what you're offering as well? Yeah, that's always a consideration for bookmakers, whether that's pre-match or in-play is having an assessment of what's going on in the market and being able to digest those market indicators and then automate those market indicators as seamlessly as possible. That's something that we do, and Betfair being an exchange is relevant to those sorts of indicators. I think it's part of the wider picture of having lots of data points, and being able to use them in an automated fashion. Okay. Thanks, Sam. Well done, guys.