Playtika Holding Corp. (NASDAQ:PLTK) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET

Company Participants

David Niederman - Vice President of Investor Relations

Robert Antokol - Co-Founder, Chairman and Chief Executive Officer

Craig Abrahams - President and Chief Financial Officer

Eric Rapps - Chief Strategy Officer

Conference Call Participants

Matthew Cost - Morgan Stanley

Eric Handler - MKM Partners LLC

Colin Sebastian - Robert W. Baird & Co.

Stephen Ju - Credit Suisse AG

Clark Lampen - BTIG, LLC

Eric Sheridan - Goldman Sachs

Douglas Creutz - Cowen and Company, LLC

Jason Bazinet - Citigroup, Inc.

Omar Dessouky - Bank of America Merrill Lynch

Franco Granda - D.A. Davidson & Co.

Aaron Lee - Macquarie

Operator

Thank you for standing by, and welcome to the Playtika Holding's Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, today's program is being recorded.

And now I would like to introduce your host for today's program, Mr. David Niederman, Vice President of Investor Relations. Please go ahead, sir.

David Niederman

Welcome, everyone, and thank you for joining us today for the third quarter 2022 earnings call for Playtika Holding Corp. Joining me on the call today are Robert Antokol, Co-Founder and CEO of Playtika and Craig Abrahams, Playtika's President and Chief Financial Officer.

I'd like to remind you that today's discussion may contain forward-looking statements including, but not limited to, the Company's anticipated future revenue and operating performance. These statements and other comments are not a guarantee of future performance, but rather are subject to risks and uncertainties, some of which are beyond our control. These forward-looking statements apply as of today, and you should not rely on them as representing our views in the future. We undertake no obligation to update these statements after this call. For a more complete discussion of the risks and uncertainties, please see our filings with the SEC.

We have posted an accompanying slide deck to our Investor Relations website and will also post our prepared remarks immediately following the call.

With that, I will now turn the call over to Robert.

Robert Antokol

Thank you, everyone for joining our call today. In the third quarter our casual games growth strategy continued to succeed. We saw excellent results from our casual games which grew 14% year-over-year. These results demonstrate Playtika's superior technology, live-ops and ability to optimize and grow revenue over the long-term. Bingo Blitz is driving these results using advanced live-ops and using new AI-based tools, which has the potential to create upside across our portfolio.