Crypto.com Arena is a multi-purpose indoor arena in downtown Los Angeles. Opened on October 17, 1999, as Staples Center, it is located next to the Los Angeles Convention Center along Figueroa Street, and has since been considered a part of L.A. Live. Owned and operated by Anschutz Entertainment Group (AEG), it is the home venue of the Los Angeles Lakers of the National Basketball Association (NBA) and Los Angeles Kings of the National Hockey League (NHL)—which are both owned in part by AEG's founder Philip Anschutz, as well as the WNBA's Los Angeles Sparks.