Good day. Welcome to the 888 third quarter trading update webcast and conference call. At this time, I would like to turn the conference over to Itai Pazner, CEO. Please go ahead. Thank you. Good morning to everyone, thanks for dialing in today for this conference call on our Q3 trading update that we released this morning. I'm Itai Pazner, the CEO of 888. I'm joined by our CFO, Yariv Dafna. On today's call, Yariv will run through the financial update. Then I'll provide a brief high-level update on the business and our strong strategic progress during this quarter, including a quick recap on the exciting William Hill transaction that we announced last month. We'll open up for some questions. I'll now hand over to Yariv. Yariv, we can't hear you. Thanks, Itai. Good morning, everyone. I'm pleased to report another positive trading update this morning, with revenue growing in Q3 by 7% to GBP 230 million. Our B2C revenue was up 7% to GBP 220 million, and our B2B revenue was up 4% to GBP 10 million. The performance was in line with Board expectations, with a solid performance across all business lines. There are some specific factors to consider in relation to Q3 performance. Firstly, Q3 2020 was a very strong comparable period following the significant step-up in volume during 2020 and the fact that sporting calendar was very condensed as sporting events were catching up in Q3 2020 from the disruption earlier in the year. Secondly, most of our important markets have seen significant easing of lockdown restrictions, with people now spending more time and money on physical retail and leisure rather than just on digital entertainment. Finally, we have consistently flagged that during 2021, we expect GBP 70 million-GBP 100 million of regulatory and compliance headwinds, which was weighted more towards the second half of the year. This obviously impact our year-on-year growth. While there are a lot of different dynamic here, the underlying performance was good, with mid-single-digit revenue growth on a year-on-year basis despite the very tough comps. From geographic perspective, our growth was again mainly driven by regulated market with revenue growth of 11%. We saw continued positive year-on-year growth in the U.K. and Spain, albeit at moderated rates, and continued strong progress in Italy, Romania, and Portugal. I'm moving now to the outlook. As I already said, our Q3 performance was in line with Board expectation and consistent with the update we gave with our interim result, which to remind you was mid-single-digit revenue growth. Looking into Q4, we face very strong comps with prior year revenue boosted by both the lockdown and high win margin. In addition to that, at the end of September, we took a decision to stop operation in the Netherlands, which had contributed around 3% of our revenue. Having said all that, even without Netherlands in Q4, our expectation for the full year remained positive and unchanged. With that, I will hand over back to Itai to talk on our strategic progress. Thanks, Yariv. I'll just add a few strategic highlights from a bigger picture perspective, and then we'll go to the questions. I don't think it's an exaggeration to say that the third quarter of 2021 was the most important quarter in 888's history from a strategic perspective. We have a really clear strategy to create long-term shareholder value based around five pillars, and we made huge progress with these during the quarter. Firstly, regulated market growth. We continue to see strong growth trends in our key regulated markets like the U.K., Italy, and Spain, and we're confident that we will continue to grow share in these markets. During the quarter, we announced the transformative acquisition of William Hill's non-U.S. business, which will further boost our position in these key markets. The acquisition will also give us a route towards top three position across the most attractive regulated markets. Secondly, our growth plans are underpinned by our product leadership strategy. We are in a really strong product cycle with industry-leading casino and poker products, and our in-house sportsbook platform is rapidly becoming a top-tier product. During the quarter, we continued to roll out more casino content, further improve our personalization and promotions, and rolled out our in-house sportsbook into Germany with the 888sport brand and into the U.S. with our SI Sportsbook brand. Thirdly is our data-driven investments where we use our in-house technology to drive the most effective real-time decisions in order to optimize our marketing spend, delivering superior returns on our investments. As we continue to build out our brand portfolio and execute our product leadership plan, this opens up more routes to deploy our efficient and effective marketing. Fourthly, our expansion into the U.S. During the third quarter, we launched SI Sportsbook into Colorado. We are looking forward to rolling out across more states in the coming months. The U.S. presents a great opportunity for us, and with our scalable, efficient in-house technology and the very powerful SI brand, we have a great combination to compete effectively and profitably in the market. Fifth is our M&A strategy, and I was delighted to announce the transformative acquisition of William Hill's non-U.S. assets in the period. Strategically, the acquisition is extremely compelling. It combines several powerful brands and product platforms to create a regulated market leader with top positions across some of the most attractive markets globally. Financially, we expect the acquisition will deliver strong returns and more than 50% enhancements to our earnings per share. Most importantly, we will massively enhance our management and employee capabilities. I'm extremely excited to be welcoming some great talent from across the William Hill business. The complementary combination will create a really powerful and large business across both gaming and sports betting. Underpinned by its scale, technology, talent, and brands, the enlarged business will be really well-placed to deliver a superior customer experience and drive continued growth. Just to summarize, Q3 2021 was a real landmark period for 888. We are really executing against our plan using our assets and capabilities to build a world-leading product-led online betting and gaming business. The acquisition of William Hill will further enhance our position, giving us a portfolio of incredible brands and further reinforce our plans to provide world-class safe and entertainment betting and gaming to customers across the world. With that, we will be now happy to take some of your questions. Thank you. If you wish to ask a question at this time, please press star one on your telephone keypad. Please ensure the mute function on your telephone is switched off to allow your signal to reach our equipment. Again, please press star one to ask a question. We will now take a question from David Brohan from Goodbody. Please go ahead. Morning, guys. Thanks for taking my questions. I have three, if that's okay. Firstly, on betting and win margins in the quarter. Can you give any kind of sense, either in absolute terms or year-on-year comparisons, what was margin like in the quarter? Secondly, on the Netherlands, how quickly do you see revenue rebuilding post-relaunch there? Is there any risk that it drags into FY 2023 numbers? The update you can give either on timing of the William Hill deal or timing of the placing. Thank you. David, can you repeat that, just the third question? It's the William Hill progress. Yeah. Okay. Yeah, exactly. Thanks. I will start with regard to the win margin. The win margin was similar this Q3 versus last year. This is not really coming from a margin. It's really a matter of the volume. Again, we need to consider that Q3 last year was very abnormal. There was a lot of sporting event moving from H1 into Q3, and therefore the right way to look at that is the nine months. Over nine months, we are still 40% up on the sport. Even if you look at the quarter as a standalone versus Q3 2019, for instance, you will see that the sport was 21% up. With regard to the Netherlands, we are expecting to launch next year after getting the license. Obviously, there will be some process to ramp up again in this market. We are suggesting that there will be an impact on our performance next year with regard to Netherlands, but it's almost a one time because we don't expect impact on 2023 as this was already in the forecast under the regulated assumption. With regard to William Hill, we just only comment that process is going well as expected and nothing has changed in terms of the schedule. We cannot comment on the trading of William Hill, but in terms of all the processes to bring this transaction to closing, everything is on track. That's great. Guys, thanks very much. As a reminder, to ask a question, please press star one. We will now take our next question from Simon Davies from Deutsche Bank. Please go ahead. Morning, guys, just a few from me. Can you give us an update on Germany and what you're seeing in the German market and your expectations in terms of the speed of recovery in your business there? Secondly, you talk about this range of GBP 70 million-GBP 100 million of regulatory headwinds. Where do you think you're going to end up at the end of the year? Presumably, given the Netherlands hit, you're more likely to be at the upper end of that range. Lastly, you talk in terms of the Netherlands of certain mitigations bringing down the cost impact of the regulatory changes there. Can you give us some color around what those mitigations are and how much they might amount to? Itai, do you want to start maybe in Germany and then I take the regulatory. Yeah. Headwind in Netherlands? Yeah, sure. Thanks, Simon. In Germany, basically the way that we saw the business there through the relaunch of the new regulatory product is almost a reset of the market. We reported on the impact that the new regulations had on gaming. There was further impact after we relaunched the sports betting business. We see this as a very attractive market going forward simply because it's going to be a large-scale regulated sports betting-led market that also provides gaming. This is more about a medium to long-term opportunity rather than a short-term one, and we're now working on building our presence and our product into the market. Simon, with regard to the GBP 70 million-GBP 100 million, we will be in this range. Netherlands, of course, would be absorbed into this GBP 70 million-GBP 100 million. The Q4 impact is within this range. There is a good chance that we will be more on the higher end of the range rather than on the lower side. Just maybe to complete what Itai just mentioned, Germany was also considered as part of the GBP 70 million-GBP 100 million regulatory headwinds. With regard to the Netherlands, basically we will launch next year and the direct EBITDA impact is slightly higher. When we are talking about mitigation, we are looking on our current trading on how we see the next year with Netherlands under the new regime, and this suggests that we are short with GBP 10 million. There are a few other markets that compensating some of the impact of the Netherlands, the direct impact. Well, you're going to, what, review your marketing budgets in other markets to see where you can reduce the overall impact on group profits? Correct. Okay. Thank you. We will now take our next question from Richard Stuber from Numis Securities. Hi, good morning. Just one question from me, please. I guess since you announced the William Hill acquisition in September, have you made any sort of tactical changes, knowing you'll complete the deal early next year? For example, less focus on pushing ahead with your sports betting platform. Is there anything around sort of tactical changes between September and now? Thank you. Thanks, Richard. We haven't made any tactical changes. We are working intensively on integration plan that will start next year. Our focus is, from our perspective and also from William Hill's perspective, to continue business as usual, performing on both sides and delivering further strong results like we both delivered this year. Right. I see. Okay, you haven't overemphasized any particular brands in any markets at the moment, knowing you'll have the William Hill and Mr Green brand. As you say, it's just business as usual so far. Business absolutely as usual. Okay. Thank you. As there are no further questions over the phone, I'd like to turn the call back to Scott for questions over the Webex. Many thanks for that, Cecilia. We've got one question from the webcast, that Sorry, Itai's already covered. My apologies for it's there. We've got no further questions from the webcast, so if I could pass it back to you, Itai, for closing remarks. Yes. Thank you very much, everyone, for joining us today. As we said earlier, we're really pleased with the continued progress that we made in Q3. We are on track for our full-year plans. We look forward to the future. Our combination with William Hill next year will transform our business and accelerate our plans to create a global leader. We look forward to sharing more on this early next year. In the meantime, if you have any further questions, please do get in touch with us. Thank you very much, everyone.