Indiana has collected about $2.7 million in taxes from sports bets through its first three months. That puts it on target for about $9 million this fiscal year.

The Hoosier Lottery is seeing record sales and sending more money than ever to Indianas tax reserves.

The legislation seeks to modernize Indiana's gaming tax system. But the measure could decrease how much money local communities get from their casinos.

The House approved legislation that its author says "modernizes" Indiana's gaming tax structure.

Representative Todd Huston says his legislation aims to help Indiana casinos stay viable as they face increasing competition.