After some recent concern that E3 may leave Los Angeles due to construction work near the Los Angeles Convention Center in 2013 to develop the Farmers Field stadium, an announcement has come through today confirming the expo will stay in LA for the next three years.

In a press release, Michael D. Gallagher, CEO of the ESA announced, “We are proud to partner with Los Angeles for another three years. The City serves as a strong backdrop for the video game industry’s biggest announcements and we look forward to remaining in LA. Video games are a dominant force in the global entertainment marketplace and there is no better place to display that than Los Angeles. We look forward to continuing our relationship with the City and AEG.”

This year, E3 brought in 45,700 attendees from 103 countries, and generated $40 million in revenue for the city of Los Angeles, making the expo’s stay certainly a boon.

“The City of Los Angeles is thrilled to welcome E3 back for another three years,” said Los Angeles Mayor Antonio Villaraigosa. “My office was committed to doing whatever it took to keep the largest annual conference that the City hosts here for another three years.”

E3 2013 has also been confirmed to take place from 11 June – 13 June next year.