The Arena del Cibao Dr. Oscar Gobaira, above the Palacio de los Deportes, is a multi-purpose arena in Santiago de los Caballeros, Dominican Republic, built in 1978. The arena has a capacity of 8,768 seats, consisting of 7,000 regular seats, 668 comfortable armchairs and 1,100 luxury seats that are fully reclinable. The arena has a modern acoustic system, which has 16 speakers and 10 monitors. The arena was remodeled for the Dominican Republic National Basketball Team in accordance with the requirements of FIBA.