The arena is used to host events such as ice hockey, figure skating, basketball, volleyball, handball, tennis, badminton, futsal, artistic gymnastics, gymnastics, ice dancing, ballroom dancing, wrestling, Olympic weightlifting, boxing, concerts, festivals, exhibitions, conferences, dance evenings, circus performances, fashion shows, and other events.

[citation needed] The capacity of the arena is 7,000 for ice hockey, 7,280 for basketball, and 9,000 for boxing and concerts.

Along with the Khodynka Arena, it hosted the 2007 Men's World Ice Hockey Championships.

In 2017, the basketball club Khimki, started using the arena for their 2017–18 EuroLeague games.

[1] Due to the travel restrictions during the COVID-19 pandemic, the ice hockey team Kunlun Red Star determined that they would be unable to play in Beijing, China for the 2020-21 KHL season.