The Sports Palace was built in 1967 by the order of the State Committee for Physical Culture and Sport under the Council of Ministers of the Kazakh SSR. The ice arena was functioning for 9 months a year, where ice hockey and figure skating training sessions and competitions were held. The Sports Palace was the venue for international, Union-wide and national boxing, basketball and karate competitions. Performances of famous singers and ice ballet dancers were held as well as international and national fairs.

After the collapse of the Soviet Union the Almaty Sports Palace was revived once more through its interior and exterior reconstruction and major re-equipment which were carried out owing to the attention of the president N.A. Nazarbayev and the akim of the city A.S. Yessimov. This was further reflected in the Sports Palace being home to the ice hockey program and the formal closing ceremony of the 2011 Asian Games. After the Asian Games were held the newly-reconstructed began to be actively used: it became the venue for the 2010-2011 UEFA Futsal Cup Final, a stage of the 2011 World Volleyball Grand Prix, a stage of the 2011 Judo World Championship, a stage of the 2013 World Women’s Volleyball Grand Prix, the 2014 World Weightlifting Championships, the 2015 MMA International Tournament, The 2015 Asia-Pacific Curling Tournament, stages of the 2016 Men’s and Women’s Volleyball Grand Prix.