What is "paladesio"

The PalaDesio (full name: Palazzetto dello Sport di Desio, known for sponsorship reasons as PalaBancoDesio) is an arena located in Desio, Lombardy, Italy. Opened in 1992, the arena – with a capacity of 6,700 or 8,000 depending on the layout – has hosted a number of sporting and artistic events, chief of which have been basketball and gymnastics.