Approved Games Sample Clauses

Approved Games. (b) All Authorised Lotteries, which are those which have been matched with a Nominated Lottery, being a lottery conducted under the licence, regulatory control and taxation administration of a Regulatory Authority in an Australian Jurisdiction or the Territory, whereby for each ticket sold in the relevant Authorised Lottery, an identical ticket in the relevant Nominated Lottery is purchased and held by the Licensee, so that any and all of the value of the prize money accruing to that ticket as a result of the relevant Nominated Lottery draw is paid to the holder of the relevant ticket in the Authorised Lottery. All Authorised Foreign Lotteries, which are those which have been matched with a Nominated Foreign Lottery, being a lottery conducted under the licence, regulatory control and taxation administration of a Regulatory Authority in a Foreign Jurisdiction, whereby for each ticket sold in the relevant Authorised Foreign Lottery, an identical ticket in the relevant Nominated Foreign Lottery is purchased and held by the Licensee, so that any and all of the value of the prize money accruing to that ticket as a result of the relevant Nominated Foreign Lottery draw is paid to the holder of the relevant ticket in the Authorised Foreign Lottery.
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