Chad Beynon: Afternoon. Nice result. Thanks for taking my question. Just to kind of pile in on that Macau question. Wondering if you could elaborate a little bit in terms of the health of the shopping retail market. That’s something that we’ve heard from the luxury operators continues to be strong in specific markets. Wondering how you’re seeing that right now. And then as some of the catchment areas recover in terms of visitation, if that could be an additional tailwind in the future? Thanks.
Craig Billings: Sure. I guess what I would say is if you look at the trajectory over the course of 2023, retail sales have been and were incredibly strong in Macau up over 2019. You saw — you can see — you can look at our numbers, Q3 to Q4, you can see that they were up very, very modestly, I think, about 10 basis points. And so certainly, if anything from China macro is affecting Macau is probably there. But again, given the relative strength compared to pre-COVID, I think it’s difficult for us to complain. I think what appears to us to be occurring is, to a certain extent, Macau has become a substitute for Hong Kong from a retail sales perspective. And certainly, based on the changing type of visitation that you see, particularly on Cotai, I think you can support that premise.
And so I think it’s — again, if you look at the long term, I think it’s very bright for Macau from that perspective. And I think to the extent that someone goes to Macau with a retail-based motivation and the gaming-based motivation or eventually a retail-based motivation and entertainment-based motivation. That’s fine. That’s great. I mean that’s a natural evolution of Macau. But you can see the quarter-over-quarter changes in our numbers.
Chad Beynon: Perfect. Thank you. And then in terms of the interactive business, is there any update to speak about or could there be an opportunity to monetize or partner this in a shareholder-friendly way?
Julie Cameron-Doe: I’ll take that one. Thanks, Chad. Yes, so we announced in August that we were exiting the jurisdictions we operate in, and we were leaving New York and Michigan under review. So we’re continuing to — that strategic review of those two states, and we’ll stay tuned. We’ll have more information on that in the near future. Everywhere else is pretty much wrapped up now. We’ve just — we’re working on closing down Massachusetts online as well. And wherever we’re able to and where we can interact with anybody else, obviously, with player databases and so on, we’ll make sure that we do the best for our shareholders and monetize the assets that we have in a way that works well with what’s allowed and what’s available out there in the market.
Chad Beynon: Great. Thank you very much. I appreciate it.
Craig Billings: Thank you.
Julie Cameron-Doe: Thank you. With that, we’ll close the call. Thank you for your interest and we look forward to talking to you again next quarter.
Operator: Thank you for participating on today’s conference call. You may now go ahead and disconnect.
