Monumental Sports & Entertainment
Monumental Sports & Entertainment is partnering with the District of Columbia to modernize Capital One Arena and expand operations in Gallery Place, while also investing in esports and introducing new culinary experiences.
Strategic Partnership with District of Columbia
Monumental Sports & Entertainment announced a strategic partnership with the District of Columbia to modernize Capital One Arena. This partnership aims to expand business and hospitality operations across the Gallery Place area. The initiative underscores a commitment to revitalizing and enhancing the neighborhood, contributing to the local economy and improving the experience for visitors and residents.
First In-Arena Sportsbook in the US
Monumental Sports & Entertainment operates the first-ever in-arena sportsbook in the US at Capital One Arena. This innovation is in partnership with Caesars Sportsbook. The sportsbook offers a new and dynamic way for fans to engage with sports events, providing a blend of entertainment and betting experiences within the arena.
Investments in Esports
Monumental Sports & Entertainment has made significant investments in esports. The company owns the NBA 2K League team Wizards District Gaming and the esports brand Caps Gaming. These investments reflect a strategic move to diversify and expand into the rapidly growing esports market. Additionally, they host esports tournaments and are set to open District E, a venue dedicated to esports and entertainment.
Capital One Arena Renovations and Upgrades
Monumental Sports & Entertainment has invested over $100 million in renovations and upgrades to Capital One Arena. These investments are aimed at enhancing the fan experience, ensuring state-of-the-art facilities, and maintaining the arena’s status as a leading venue for sports and entertainment in the region.
New Culinary Experiences at Capital One Arena
Monumental Sports & Entertainment plans to introduce new culinary experiences at Capital One Arena. This includes a new restaurant by celebrity chef Guy Fieri, aimed at offering fans a diverse and high-quality dining experience. These culinary additions are part of broader efforts to enhance the overall experience for visitors.