Allwyn Ag

Ladies and gentlemen, thank you for standing by. I am Gail, your course call operator. Welcome and thank you for joining the OPAP SA conference call and live webcast question and answer session to discuss the third quarter 2022 financial results. Please note a video presentation has been distributed and is also available on the OPAP Investor Relations website. All participants will be in listen-only mode and the conference is being recorded. At this time, I would like to turn the conference over to Mr. Jan Karas, CEO of Opapese. Mr. Karas, you may now proceed.

Thank you, Gali. Good evening or good morning to everyone and welcome in our regular Q3 2022 results conference call. I'm pleased with the set of strong results announced, demonstrating elevated top line and profitability in both retail and online channel. During summer period we saw again our occasional players gradually returning to our stores, along with the further engagement of our regular ones, while online continues to deliver solid contribution. So ahead of an expected strong finish for the year and despite macro challenges, we have upgraded our EBITDA target to around 720 millions, now in line with our original outlook. Hopefully you have reviewed and enjoyed the results recorded video we shared with you earlier today. So we will jump directly to our Q&A session. Kelly, over back to you.

Thank you. Ladies and gentlemen, at this time, we will begin the question and answer session. Anyone who wishes to ask a question may press star followed by one on their telephone. If you wish to remove yourself from the question queue, then you may press star and two. Please use your handset when asking your question for better quality. Anyone who has a question may press star and one at this time. One moment for the first question, please. The first question is from the line of Boynton Russell with Edison Group. Please go ahead.