Permits sports wagering on New York college teams

This bill removes a longstanding ban that prevented sports betting on games involving New York college teams. It directly affects sports betting operators and fans, allowing wagering on these events for the first time. The key change amends the state law to redefine "prohibited sports events," specifically eliminating the restriction on New York college team competitions. As a result, betting on games featuring New York college teams is now permitted under New York law.