Brett Knoblauch: Hi, guys. Thanks for taking my question, and congrats on the quarter. I guess I have two. First, on the betting technology segment, the kind of revenue outperformance there, could you maybe parse out the drivers behind that a little bit more? Was it maybe NFL performing better from a GGR perspective? Or was it a win rate perspective? Or were there other factors at play? And then, on the Ryder Cup and the Rugby World Cup announcements, could you maybe just highlight what that means for your business over maybe the medium to long term? Is that maybe more of building a base to drive additional media revenue, or how should we think about that? Thank you.
Mark Locke: Hey, Brett. I’ll take the first part, and I’ll hand over to Josh for the second piece. On the first piece, look, we’ve always talked about, particularly in the betting business about the multiple levers of growth, and you’ve heard us talk about that before. And we’ve seen — really seeing those right across 2023. So, it’s — and the encouraging thing for us is also growth across the world as well. I think both the European and Americas business are up 30% year-on-year. And that’s really coming from a mix of things that’s coming from new customer wins, it’s coming from pricing in the European markets, but it’s also coming from additional services and utilization that we’re seeing. So, we’re seeing it right across the board, and we’re very happy with that growth.
There’s a small benefit of tailwind of foreign exchange within the international business, that accounts for a small proportion from the growth, I think the underlying growth is around about 26% once you strip out foreign exchange. And I’ll let Josh pick up the specifics around those bi-annular events.
Josh Linforth: Hi, there. Yeah. I mean, it’s really for us, those relationships with Ruby World Cup and Ryder Cup are just a continuation of us having sticky relationships with our sports partners. As a reminder, we build the FIFA World Cup platform. We do a ton of stuff for the NFL. And there’s a whole host of reasons that people take those products from us, but around helping our partners understand their audience and feeding that back into the sponsorship models and being able to communicate to their fans better, it’s all part of our overall strategy.
Brett Knoblauch: Perfect.
Operator: [Operator Instructions] Your next question comes from the line of Robin Farley from UBS. Your line is open.
Robin Farley: Great. Thank you. I had two questions. One is, last quarter, you had updated the FX rate that you use in your revenue guidance, and I think it had added to your full-year outlook. This quarter, you didn’t change, you didn’t update for current FX rates. And so, I’m just wondering if you did, can you quantify what impact that would have on the revenue guidance, which I guess at this point would just be for Q4. And then, also wanted to clarify the earlier comment about the known unknown. You were talking about that you won’t know new negotiated terms until later in 2024. Are those terms that would not be effective until 2025, or would they impact 2024? And we just wouldn’t know in your initial guidance. In other words, when do those new terms become effective? Thanks.
Nick Taylor: Hi, Robin. I’ll just take this one the other way while I remember the second part of the question. Mark’s right, in terms of the unknown unknowns, I think in Jason’s question was talking around about Easter, around about the end of Q1. Most of the negotiations, the contracts roll out mid-summer, really for start of the new NFL season. So, they will be effective to ’24, but it will be the last few months of ’24 rather than knowing about them when we give ’24 guidance, which we’d anticipate doing at the full-year results. On the FX piece, Robin, your question was — so we are giving the guidance right now to around about 1.25. Actually, current foreign exchange is actually below that now to around about 1.22. So there’s a sort of $1 million to $2 million risk on those numbers in relation purely to foreign exchange, which is why we’ve not moved Q4’s position.
When I look at the Q3 position that we’ve just reported, I think we originally had it at $97 million was the original guide at the start of the year. And we’ve got that to $100 million, I think, over the course of the last couple of quarters, which I think I called out was mainly foreign exchange related. So the outperformance to $102 million to $100 million is underlying outperformance of the business.
Robin Farley: Okay, that’s super helpful. Thank you very much.
Operator: And there are no further questions at this time. This concludes today’s conference call. Thank you for your participation. You may now disconnect.
