Charles Gillespie: Yes. So, it’s like that we do expect healthy continuous growth from North America. We see fewer state launches although we’ve had a very healthy Q1 we don’t foresee or forecast any further state launches this year, which means that, the growth would come from the bigger base of active markets and us being able to take market share in the coming three quarters. We give some guidance on the relative size of our U.S. and North American business, and we do expect North America to represent a majority of revenue this year. And like I said, the delta in the range will be largely driven by our continuous ability to generate substantial growth in the UK and Ireland.
Barry Jonas: Got it, got it. And then we have talked in the past about the strong pricing outlook for affiliates scale, that’s despite the push by more operators for profitability. I’m curious, if you have seen any changes since we have spoken last in terms of the pricing outlook?
Charles Gillespie: No. I wouldn’t say that, there has been any meaningful shift in any direction. It’s business as usual.
Barry Jonas: Great. And then if I could just get one more in there. Just curious on how the M&A environment is right now. A lot of stuff of interest out there for you, and sort of how are bid-ask spreads looking with potential sellers?
Elias Mark: We continue to be extremely active on the M&A front. We spent a lot of time examining deals. We spent capital investigating, the feasibility of various things, and we are looking at things of all different shapes and sizes. We also remain as picky as ever. But that doesn’t mean we are not doing the work in the background to evaluate everything we can. I think that expectations from sellers have become slightly more rational. But having said that, cost of capital is all gone up pretty significantly, so it’s kind of different, that’s both a bit of a positive and a negative. But as I’ve said, we are very actively considering things that we think would create shareholder value.
Operator: Our next question is from the line of David Katz with Jefferies. Please proceed with your question.
David Katz: Hi. Good morning everyone. Thanks for taking my questions. I just wanted to talk about the UK and Ireland growth. Because if we are reading this correctly, right, you are getting this growth into what are somewhat more — I think unarguably more mature markets in the U.S., but clearly not fully mature. Can you just talk about kind of how you are getting growth into existing markets that way and into more mature markets and what that growth profile can look like longer-term?
Charles Gillespie: Yes, hey, David. So I’d give you the answer that our Co-Founder and COO, Kevin McCrystle, typically gives me, when I ask him similar questions. He says, it’s all of it saying this Charles. So it’s a little bit better search rankings. It’s a little bit better deals. It’s a little bit better converting. It’s a little bit better machine learning. And that optimizes our yield on these websites by pairing the right operator with the right user at the right time to inch up that conversion rate. It’s slightly better content more engagement, wider net, more keywords. It’s just bread and butter, day to day in and day out, quality execution. And obviously, we’ve come a long way recently in the UK and Ireland. Our growth expectations for next year for those markets are not as high as they were last year, but we do continue to expect it to be a great market for us.
