Jubilee Sports Palace (Russian: спортивный комплекс «Юбилейный»), Sportivniy kompleks Yubileyniy; also translated as Jubilee Palace of Sports, is an indoor sports arena and concert complex that is located in St. Petersburg, Russia. It houses more than 7,000 seats for ice hockey and basketball. The complex was completed in 1967, as a present from the Federation of Trade Unions, to the city of Saint Petersburg, on the 50th anniversary of Soviet power. The Palace hosts a wide variety of activities, including athletic training and competitions, conventions, festivals, and musical concerts.