NBA owners Michael Jordan, Mark Cuban and Ted Leonsis are gambling $45 million on a future where there is legalized sports betting.

The trio of sports team owners invested their millions into Swiss sports data company Sportradar AG, which counts international bookmakers among its top clients, Bloomberg reported.

Leonsis, whose private equity firm Revolution Growth led the full investment round, told the news agency he was attracted to Sportradar’s deep experience in sports betting in Europe, where he believes “gaming and fraud detection have been perfected.”

“Now that they’ve come to the U.S., I just felt they were just so well-positioned,” Leonsis said, referring to Sportradar, which has its U.S. office in Minneapolis.