Rexall Place
The Oilers have always played in that arena since their creation. They do have a new arena under the early stages of construction now though.
Rexall Place is an indoor arena located in Edmonton, Alberta, Canada. It's street address is 7424 118 Avenue NW. It is home to the Edmonton Oilers who play in the NHL.
The Edmonton Oilers have home team ice at Rexall Place (formerly The Northlands Coliseum) in Edmonton, Alberta, Canada. It first opened on November 10, 1974 and and is one of the oldest arenas in the NHL.
According to the Edmonton Sun, Darryl Katz (the Oilers Owner) owns the land where the Baccarat Casino is. If this is true, the odds of the new arena will be there. Here is the link to the article http://www.edmontonsun.com/news/columnists/graham_hicks/2009/08/27/10629476-sun.html
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