The arena hosted the basketball and gymnastics events at the 2007 Pan American Games. In December 2007, it started being operated by GL Events, who also operates the nearby Riocentro Convention Center and the Riocentro Sports Complex, and started hosting many concerts from a variety of artists. It has also hosted the telethon show, "Criança Esperança", after 2008, replacing Ginásio Ibirapuera as the host. Starting on 29 March 2008, it was renamed as the HSBC Arena, as part of a naming rights agreement with the bank.