The most common and most likely answer to this crossword clue is the 5 letter word ARENA
I've seen this crossword clue in The Guardian
A
R
E
N
A
More clues leading to the result ARENA
- District accommodating new stadium
- Where gladiators fought a long time back
- Lots of seats here are not available
- Where to contest article about North America
- District accommodating new stadium, perhaps
- Ground taken back at end of Victorian era
- Stadium recalled a period of time
- Indefinite number in parish theatre
- Sports venue in Delaware, namely
- District around northern stadium
Buddy explains!

The straight part
We know that "a place for events" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case a place for events = arena.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does ARENA mean?
ARENA noun- An enclosed area, often outdoor, for the presentation of sporting events (sports arena) or other spectacular events; earthen area, often oval, specifically for rodeos (North America) or circular area for bullfights (especially Hispanic America).
- The building housing such an area; specifically, a very large, often round building, often topped with a dome, designated for indoor sporting or other major events, such as concerts.
- The sand-covered centre of an amphitheatre where contests were held in Ancient Rome.
- A realm in which events take place; an area of interest, study, behaviour, etc.