United States securities and exchange commission logo September 28, 2022 Tammy Brandt Chief Legal Officer FaZe Holdings Inc. 720 N. Cahuenga Blvd. Los Angeles, California 90038 Re: FaZe Holdings Inc. Amendment No. 3 to Registration Statement on Form S-1 Filed September 27, 2022 File No. 333-266435 Dear Ms. Brandt: We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our September 19, 2022 letter. Amendment No. 3 to Registration Statement on Form S-1 filed September 27, 2022 Exhibit 5.1 1. Please revise the opinion to reflect the updated numbers of shares covered by the registration statement. Tammy Brandt FirstName LastNameTammy Brandt FaZe Holdings Inc. Comapany 28, September NameFaZe 2022 Holdings Inc. September Page 2 28, 2022 Page 2 FirstName LastName You may contact Brian Fetterolf at 202-551-6613 or Lilyanna Peyser at 202-551-3222 if you have any questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Laura Kaufmann Belkhayat