John Davis: And then maybe Randy or Mark, as we think about kind of the guide down the eight million or so versus your prior guidance and EBITDA for this year, how much of that would you contribute to macro versus micro, like, the air pocket and, and kind of cabinets and content versus potentially lower GGR or just general macro conditions?
Randy Taylor: Look, John, it is hard to say. Look, we are still seeing reasonable growth in our – that we look to our FinTech business, our cash access, cash to the floor. But it is going – it is lowering down. It is been lowering each quarter, but still a, I will say, a low single digit growth. So I think there is some impact from the macro. Maybe you have heard it from operators probably a little bit more in the regional market. Las Vegas still doing well. But I think, look, we are in the transition period and so we know that there is some, there is some impact to us as we transition to the newer cabinets and the newer content. And so it is probably a little skewed more to that than macro. But again, right now macro seems to be holding in line what we hear from other operators.
And I think, the big question will be how it does next year. But so far, I would see that it is more from our standpoint, this transition, getting those new cabinets, getting that new content so that we are set up well to grow in 2024.
John Davis: And then last quickly just want to clarify want to Mark’s comments to the prior question. I believe I heard you say, Mark, that you would expect EBITDA growth next year. Just wanted to confirm that and even if macro were to deteriorate further do you think you can still grow EBITDA next year?
Randy Taylor: Look, we haven’t given guidance yet. We always expect ourselves to grow on a year-over-year basis. And as I sit here today, looking at the macro where it is today, and without completing my true 2024 roll up just yet, I’m expecting growth year-over-year. I’m expecting to see us grow. We always strive to have growth on an annual basis. So I do see it growing.
Operator: Next question comes from the line of Anna [Indiscernible] with Jefferies. Please go ahead.
Unidentified Analyst: I just wanted to ask if we could get some color on R&D and whether it remains at a stable level or how to think about it moving forward. Thank you.
Randy Taylor: Sure. I think Mark touched on it a little bit, but I will just reiterate. We still look to spend, I want to say on the expense line somewhere between 8% and 8.5% expense – R&D expense as a percentage of revenue. We think that numbers in line with larger competitors, obviously from a pure dollar standpoint, they spend more than we do, but we think that is an adequate amount to really support both businesses being FinTech and games. And that doesn’t account for the amount that you capitalize. So we feel good about that. It is what Dean’s worked with throughout this year to kind of line up his hardware, the new content he’s got coming out. And we stayed within that range. So I don’t anticipate that range going up or down, because I think we believe that one of our main tenants in capital allocation is to continue to reinvest in the company. And that really is that R&D line that drives both FinTech and games.
Operator: Thank you. There are no further questions at this time. I would now like to turn the floor over to Randy Taylor for closing comments.
Randy Taylor: Well, we would just like to thank everyone for joining us today, and we appreciate your continued interest and we look forward to providing an update on our business and our outlook for 2024 in our fourth quarter year-end call in March. Thank you very much.
Operator: Thank you. This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.
