Keith Smith: Well, look, with respect to Downtown, there clearly is seasonality in that business, much like the Las Vegas business. Summertime tends to be softer and the fall and winter seasons tend to be a little bit stronger. So, you should expect that seasonality to exist. The margins that we produced in Q4, we’re comfortable withgoing forward, yes, significantly higher than a few years ago as we’ve kind of rightsized that business, have gotten out of the charter business. So, margins are probably ones getting in a good place, and there will be seasonality.
Brandt Montour: Okay. I realize it was a convoluted way to ask the question. So, I appreciate the answer. Thanks everyone.
Operator: Thank you. Our final question comes from Joe Stauff with Susquehanna. You may proceed.
Joe Stauff: Thank you. Hi Keith, Josh. Just a question on the levels of, say, core consumer spending that you saw, especially in your Las Vegas Locals and Regional segments. Can you give us those and just in terms of what you saw, given the importance of that segment?
Josh Hirsberg: I can try to give you some color around it, Joe, and hopefully, this point you in the right direction. I think, look, I think we — the Las Vegas Locals, as Keith said in his prepared remarks, really benefited from a strong out-of-town business as well as big demand or stronger demand for our non-gaming amenities, not necessarily opening more amenities, just a growing demand among our customer for that particular aspect of our business. We also saw not only — well, primarily in Las Vegas, we saw kind of a strong core business, again, supported by out-of-town business from our core customer that just continue to get healthier as we move through the quarter. And that’s largely continued into January as well. So, we’re really focused on serving that core customer.
That customer has a lot of worth with us. We watch their frequency and spend, and that’s all kind of remained very consistent as we move through the quarter, if not, improving slightly as we progress through. So, hopefully, that gives you a sense of what was going on.
Joe Stauff: And just final question. Obviously, just kind of like the discussion about choppiness, initial choppiness in the fourth quarter. Is it fair to say like you haven’t really seen that — maybe that level of choppiness elsewhere during 2022? Can you remind me?
Keith Smith: I would — it’s a hard question to answer. I think the — as I alluded to earlier, in any quarter, there’s going to be a soft month. And the issue you hear for us was we called out some items, but we just didn’t want to say that’s the whole explanation of what happened in the quarter. We had some softness early in the quarter. We don’t necessarily know if that is a forbearing to something that’s to come. Second half of the quarter, January seems to kind of offset that belief. But we just wanted people to be aware and investors to be aware that we did have a first soft start to the quarter, and that was something that we wanted to just highlight to folks. That’s all. And I wouldn’t say if you look back at each quarter of this year and even last year, largely, there was at least one month in each quarter that was soft, and then it would come back.
