In this section the following words have the meanings indicated. “Agent of a regulated gaming entity” includes a marketing firm or other similar entity contracted to perform gaming–related services for a regulated gaming entity. “Institution of higher education” has the meaning stated in § 10–101 of this article. “Mobile sports wagering licensee” has the meaning stated in § 9–1E–01 of the State Government Article. “Online sports wagering” has the meaning stated in § 9–1E–01 of the State Government Article. “Online sports wagering operator” has the meaning stated in § 9–1E–01 of the State Government Article. “Regulated gaming entity” means: A mobile sports wagering licensee; An online sports wagering operator; or A sports wagering licensee. “Sports wagering” has the meaning stated in § 9–1E–01 of the State Government Article. “Sports wagering licensee” has the meaning stated in § 9–1E–01 of the State Government Article. An institution of higher education may not enter into a contract with a regulated gaming entity or an agent of a regulated gaming entity if, under the terms of the contract, the institution of higher education receives a commission, a bonus, or any other incentive payment based on the success of securing student participation in sports wagering or online sports wagering. An institution of higher education may not enter into a contract with a sports marketing entity that enters into a contract with a regulated gaming entity or an agent of a regulated gaming entity if, under the terms of the contract, either the sports marketing entity or the institution of higher education receives a commission, bonus, or any other incentive payment based on the success of securing student participation in sports wagering or online sports wagering. Except as provided in subsections (b) and (c) of this section, this section does not preclude contract formation between an institution of higher education and a regulated gaming entity, an agent of a regulated gaming entity, or a sports marketing entity. Notwithstanding any other provision of law, a contract formed in accordance with this subsection by a public institution of higher education is subject to public inspection in accordance with the Maryland Public Information Act.