And we’re going to have a really impressive global studio and creative footprint, which is really the key to continuing to generate top performing games. Everi’s got expertise in several areas that IGT doesn’t, in particular FinTech, and we’ve got good international experience and we think these things in combination will absolutely be complementary. When we think about, what we have to offer on a go forward basis, both for our employees recruiting new folks to the organization and for our customers. As we’ve said in the past, this is really an opportunity to create a podium position player with great scale, great product diversification, great cash flow, all on par with our competition. We’re looking at — I think we’ve mentioned in the past, just on a pro-forma basis, revenue of $2.6 billion, EBITDA, more than a billion, roughly 60% of that recurring, and an install base of somewhere around 70,000 units.
So we think that excitement around being a one stop shop for land based gaming and really being able to provide the complete player journey from iCasino, the sports betting, to FinTech is something that is a very good value proposition to our customers and one that folks associated with the new company are very excited about.
David Katz: Perfect. And just one quick follow-up with respect to FinTech and systems putting those together, it strikes as something that’s a much longer term opportunity. Are there shorter term singles and doubles and ways that you can leverage each other more immediately post-closing? It’s just a discussion we’ve had with a lot of investors past week since we learned about this.
Vincent Sadusky: Yes. I would say overall, again, the longer term play as you point out, is to be the leading tech and content company in the B2B space, we’ve got a lot of work to do. To get there, we’re working on our detailed integration plans, collectively with leaders from both organizations. And we think the combination has really strong operating and financial merit. So that’s really our focus. It’s not on the short term, it’s really on the long term.
David Katz: Perfect. Thank you.
Operator: There are no further questions at this time. I will turn the call to CEO, Vince Sadusky for closing remarks.
Vincent Sadusky: Yes. Look, thanks everyone, thanks for joining us today. As you’ve heard, 2023 was a good strong year with growth across our Global Lottery, Gaming and PlayDigital segments. We drove record operating income and EBITDA, and we brought the company’s leverage down to the lowest level ever. We truly believe the recent decision to spin-off our Global Gaming and PlayDigital businesses emerge and with Everi’s existing operations creates a really exciting opportunity to unlock the full value of our portfolio. We think the creation of two more focused companies better positions them to service customers and create significant value for stakeholders. Thanks for your interest in IGT. And have a great day.
Operator: This concludes today’s conference call. We thank you all for joining. You may now disconnect your lines.
