capital one arena
Capital One Arena is a 20,000-seat multi-purpose sports and entertainment venue in downtown Washington, D.C., owned and operated by Monumental Sports & Entertainment. It hosts NBA (Wizards), NHL (Capitals), NCAA (Georgetown), and concerts for ~3 million annual visitors, generating diversified revenue across ticketing, premium hospitality, concessions, merchandise, and sports betting.
- Company typePrivate
- Founded1997
- HeadquartersWashington, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What capital one arena does
Capital One Arena is a 20,000-seat, multi-purpose indoor sports and entertainment venue located at 601 F Street NW in the Penn Quarter/Chinatown district of downtown Washington, D.C. Opened on December 2, 1997, and operated by Monumental Sports & Entertainment (MSE), the arena serves as the home venue for the NBA's Washington Wizards, NHL's Washington Capitals, NCAA's Georgetown Hoyas men's basketball, and select WNBA Washington Mystics games, while also hosting approximately 220 concerts, family shows, and corporate events annually — accounting for ~4,500+ events and 47 million cumulative visitors over its 25+ year history. Annual attendance is projected at nearly 3 million visitors post-transformation.
The business model is diversified across transaction-based and recurring revenue streams: primary ticketing distributed through Ticketmaster (mobile-entry only), with no print-at-home PDFs accepted; a layered premium hospitality portfolio spanning suite ownership and single-event rentals, Loge Boxes, Players Club, Hennessy Wizards Courtside Lofts, Michelob Ultra Club, the new (2025-26) United Globe Club and Lounge, and Lexus Vaults — most sold on annual subscription or single-event license terms; food and beverage concessions (cashless venue with reverse ATMs); team-store merchandise; a year-round Caesars Sportsbook (10 betting windows, 20 kiosks); corporate sponsorships; and a Capital One cardholder benefits program providing 10–20% discounts across tickets, F&B, merchandise, and suites. Technology integrations include Wicket facial authentication (Monumental Express), CLEAR biometric entry, Ticketmaster mobile ticketing, chargeFUZE portable phone-charging kiosks, and SpotHero parking — all third-party vendor solutions rather than proprietary AI/ML systems.
The venue is mid-way through a transformative $800 million modernization announced in October 2024 as a public-private partnership with the District of Columbia. Under this structure, MSE sold the arena to the District for $87.5 million and immediately executed an amended and restated leaseback running through 2050 (with renewal options to 2070); the District committed $515 million over three years while MSE contributed at least $285 million plus the sale proceeds. Expected deliverable: 2027-28 season, with 65% more concession space, 30% more restrooms, 60% growth in athlete facilities, a new United Globe Club, and the District Arts Program (a large-scale art and memorabilia collection in partnership with Sports & The Arts and cllct). The arena anchors a broader $9.2 billion district redevelopment and benefits from strong multimodal access via the Gallery Place/Chinatown Metro station.
capital one arena firmographics
Firmographics- Name
- capital one arena
- Legal name
- Monumental Sports & Entertainment
- Website
- https://capitalonearena.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Short description
- Capital One Arena is a 20,000-seat multi-purpose sports and entertainment venue in downtown Washington, D.C., owned and operated by Monumental Sports & Entertainment. It hosts NBA (Wizards), NHL (Capitals), NCAA (Georgetown), and concerts for ~3 million annual visitors, generating diversified revenue across ticketing, premium hospitality, concessions, merchandise, and sports betting.
- Ownership category
- akta.pro rank
capital one arena industry classification
Industry- Product category
- Sports & Entertainment Venue
- NAICS
- Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Spectator Sports (7112)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990), Services-Amusement & Recreation Services (7900)
- akta.pro primary industry
- Arenas & Indoor Sports Centers (MPAKAEAB)
- akta.pro secondary industries
- Arena & Stadium Operations (Large-Capacity Venues) (MPAGALAA), Professional & Major League Stadiums (MPAKAEAA)
Keywords
Where capital one arena is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
capital one arena business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Revenue model
- Ticket Sales: Primary revenue from ticket sales for NBA (Washington Wizards), NHL (Washington Capitals), NCAA (Georgetown Hoyas), WNBA (Washington Mystics), concerts, and family shows through Ticketmaster platform and box office.
- Suite and Premium Seating Rentals: Revenue from suite ownership, single-event suite rentals, Loge boxes, Players Club memberships, Hennessy Courtside Lofts, Lexus Vaults, and hospitality spaces including the Ultra Club and Devils Backbone Lounge.
- Food and Beverage Concessions: Concession revenue from food and beverage operations. Capital One cardholders receive 10% discount. Venue is cashless with credit/debit cards and contactless payment accepted.
- Merchandise Sales: Team store merchandise sales for Washington Wizards and Washington Capitals. Capital One cardholders receive 20% off retail purchases.
- Sports Betting Revenue: Caesars Sportsbook at the arena generates revenue through sports betting operations with 10 betting windows and 20 betting kiosks.
- Arena Transformation and Development: Public-private partnership with District of Columbia contributing $515 million towards $800 million arena transformation project. Monumental Sports contributes at least $285 million plus arena sale proceeds of $87.5 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Event Tickets |
| One time/ perpetual license | Pay-as-you-go | Single Event Suite Rentals |
| Subscription | Annual | Players Club Membership |
| Subscription | Annual | United Globe Club and Lounge |
| Subscription | Annual | Lexus Vaults |
| Subscription | Annual | Monumental Sports Network Subscription |
| Subscription | Annual | Business Development Centers |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
capital one arena product offering
Product offeringCore offering
Capital One Arena is a 20,000-seat multi-purpose indoor sports and entertainment venue in downtown Washington, D.C., operating as home arena for the NBA's Washington Wizards, NHL's Washington Capitals, and Georgetown Hoyas men's basketball, and hosting concerts, family shows, and comedy acts. The venue generates revenue through ticketed live events, premium hospitality offerings (suites, loges, clubs, lofts), in-arena concessions and merchandise sales, team store retail, on-site sports betting, and arena parking. Operations are managed by Monumental Sports & Entertainment under a long-term lease following a 2024 sale-leaseback transaction with the District of Columbia.
Product overview
Capital One Arena is a 20,000-seat multi-purpose sports and entertainment venue in Washington, D.C., home to the NBA's Washington Wizards, NHL's Washington Capitals, and Georgetown Hoyas men's basketball. The venue operates approximately 220 events annually and offers a comprehensive portfolio of products and services organized into core venue operations, premium hospitality experiences, and technology-enhanced visitor services. Core offerings include event hosting and ticket sales via Ticketmaster with mobile-only entry. Premium hospitality spans suite ownership, single-event rentals, Loge Boxes, Players Club, Hennessy Wizards Courtside Lofts, Michelob Ultra Club, United Globe Club and Lounge (new 2025-26), Lexus Vaults, Business Development Centers, and hospitality spaces like The Ultra Club and Devils Backbone Lounge. Supporting services include food and beverage operations, Team Store merchandise, Caesars Sportsbook, Capital One Cardholder Benefits program, accessibility services, Monumental Express facial authentication entry, and the District Arts Program. The venue is undergoing a major transformation project for the 2027-28 season.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 47 million people hosted since 1997
- +3 more outcomes
Companies that use capital one arena
Customer profileNamed customers5 records
Segments5 records
capital one arena technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
capital one arena partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship and minor.
- Caesars SportsbookcoreCaesars Sportsbook operates a state-of-the-art Vegas-style sportsbook at Capital One Arena, open year-round with 10 betting windows, 20 betting kiosks, and a bar. The sportsbook generates revenue through sports betting operations and provides an additional entertainment amenity for arena visitors.
- Capital OneflagshipCapital One holds naming rights to the arena and provides exclusive cardholder benefits including 10% off tickets, 10% off food/beverage, 20% off merchandise, 10% off suite rentals, and $19.99 Monumental Sports Network discount. Cardholders also receive dedicated entrance access.
- TicketmastercoreTicketmaster serves as the primary ticketing platform for all Capital One Arena events. Mobile-only entry is enforced with no print-at-home PDFs. Tickets are accessed through the Ticketmaster app.
- District of ColumbiaflagshipThe District of Columbia is partnering through a $515 million public investment in the $800 million arena transformation project. The District will purchase the arena for $87.5 million and lease it back to Monumental Sports through 2050 with renewal options to 2070.
- Hilton HotelsminorHilton is a preferred hotel partner with over 90 hotels in the Washington DC area, several within a mile of the arena. Hilton Honors members earn points when booking. Partnership attracts overnight visitors to arena events.
- Monumental Sports & EntertainmentflagshipMonumental Sports & Entertainment is the owner and operator of Capital One Arena, founded by Ted Leonsis. MSE also owns the Washington Wizards, Washington Capitals, Washington Mystics, and Capital City Go-Go, and operates Georgetown University athletics.
- Legacy Partners (Alibaba, Anheuser-Busch, Coca-Cola, GEICO, Giant, Leidos, Lexus, MedStar Health, Robinhood, United Airlines, Verizon, etc.)coreMultiple legacy partners supporting Capital One Arena through various sponsorship arrangements. Partners include major brands across technology, food/beverage, automotive, financial services, healthcare, and retail sectors.
- Sports & The ArtsminorSports & The Arts is a partner in the District Arts Program, helping develop and implement the large-scale art collection throughout the new arena, celebrating D.C. culture and local artists.
- cllctminorcllct serves as MSE's Official Cultural History and Collectibles Partner for the District Arts Program, helping curate an experience celebrating fan culture and the legacies of D.C. sports teams.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
capital one arena competitors and assessment
Company assessmentDirect peers
- Ball Arena (Kroenke Sports): Denver arena home to the Nuggets (NBA) and Avalanche (NHL); comparable multi-purpose sports/entertainment venue operated by a sports parent, hosting 200+ events annually with premium hospitality.
- Scotiabank Arena (MLSE): Toronto arena home to the Raptors (NBA) and Maple Leafs (NHL); directly comparable large-capacity multi-purpose venue owned/operated by a major sports parent with premium hospitality and concert programming.
- TD Garden (Delaware North): Boston multi-purpose arena home to the Boston Celtics (NBA) and Bruins (NHL); directly comparable venue operator model hosting NBA/NHL teams and major concerts in a major U.S. market.
- Chase Center (San Francisco): San Francisco arena home to the Golden State Warriors (NBA); modern multi-purpose venue with comparable premium hospitality tiers, technology integrations, and event-driven model.
- American Airlines Center (Dallas): Dallas arena home to the Mavericks (NBA) and Stars (NHL); comparable 20K-seat multi-purpose venue with similar premium hospitality, suite, and concert business model.
- Little Caesars Arena (Ilitch Holdings): Detroit arena home to the Pistons (NBA) and Red Wings (NHL); comparable multi-purpose venue with premium hospitality tiers and integration with a broader sports/entertainment parent.
- Crypto.com Arena (AEG): Los Angeles multi-purpose arena home to the Lakers (NBA), Kings (NHL), and Sparks (WNBA); operated by AEG with similar premium hospitality, sportsbook-adjacent amenities, and 200+ events per year.
- United Center (Chicago): Chicago arena home to the Bulls (NBA) and Blackhawks (NHL); comparable 20K+ seat multi-purpose venue with premium clubs, suites, and large-scale concert programming.
- Wells Fargo Center (Comcast Spectacor): Philadelphia arena home to the 76ers (NBA) and Flyers (NHL); comparable East Coast multi-purpose sports and entertainment venue with premium hospitality and concert hosting.
- Madison Square Garden (MSG): Operator of The Garden and Hulu Theater in NYC; the most direct multi-purpose arena peer with comparable premium hospitality tiers, suite ownership programs, and sports/concert event mix anchored by the Knicks and Rangers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
capital one arena social profiles
Digital presencecapital one arena compliance and trust
Trust signalCompliance3 records
capital one arena financial estimates
Financial estimateRevenue estimate
Valuation estimate
capital one arena leadership team
Management profileNumber of profiles
capital one arena funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
capital one arena M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about capital one arena
What does capital one arena do?
Capital One Arena is a 20,000-seat multi-purpose indoor sports and entertainment venue in downtown Washington, D.C., operating as home arena for the NBA's Washington Wizards, NHL's Washington Capitals, and Georgetown Hoyas men's basketball, and hosting concerts, family shows, and comedy acts. The venue generates revenue through ticketed live events, premium hospitality offerings (suites, loges, clubs, lofts), in-arena concessions and merchandise sales, team store retail, on-site sports betting, and arena parking. Operations are managed by Monumental Sports & Entertainment under a long-term lease following a 2024 sale-leaseback transaction with the District of Columbia.
Is capital one arena a public or private company?
capital one arena is a private company. It is currently operating.
When was capital one arena founded?
capital one arena was founded in 1997.
Where is capital one arena based?
capital one arena is headquartered in Washington, United States, in the North America region.
How does capital one arena make money?
Six revenue lines are on record. Ticket Sales are the primary driver. The others are suite and Premium Seating Rentals, food and Beverage Concessions, merchandise Sales, sports Betting Revenue and arena Transformation and Development.
Who are capital one arena's main competitors?
Direct peers on record are Ball Arena (Kroenke Sports), Scotiabank Arena (MLSE), TD Garden (Delaware North), Chase Center (San Francisco), American Airlines Center (Dallas), Little Caesars Arena (Ilitch Holdings), Crypto.com Arena (AEG), United Center (Chicago), Wells Fargo Center (Comcast Spectacor) and Madison Square Garden (MSG).
Does capital one arena have an API?
No public API is recorded for capital one arena.
What industry is capital one arena in?
capital one arena's product category is Sports & Entertainment Venue. Its primary akta.pro industry code is MPAKAEAB, Arenas & Indoor Sports Centers, with a secondary code of MPAGALAA, Arena & Stadium Operations (Large-Capacity Venues). Its NAICS code is 71131 and its SIC code is 7990.