The Gran Arena del Cibao Dr. Oscar Gobaira, formerly known as the Palacio de los Deportes, is a multi-purpose arena in Santiago de los Caballeros, Dominican Republic, built in 1978.

The arena was remodeled for the Dominican Republic national basketball team in accordance with the requirements of FIBA.

The arena is the home of Metros de Santiago, a national basketball team.

The arena is also used for other purposes such as the Miss Dominican Republic pageant in 2011.

[1] Other artist such as Ricardo Arjona, Daddy Yankee, Wisin & Yandel, Don Omar, Julio Iglesias, Calle 13 and Gilberto Santa Rosa had performed in the venue.