This is news because for a while it looked as though E3 would be moving its location away from the city that's hosted the show for 16 out of 18 years. The possible move concerned a renovation of the L.A. Convention Center and the nearby construction of a new Farmers Field stadium. However, the city has promised that it will schedule construction between the 2013 and 2014 shows so that E3 would not be disrupted. When the renovations are complete, the new hall will boast even more space for future shows.
Considering just how much MMO news occurs at this show, we're happy to know that it has a home for the time being. E3 is the largest conference that L.A. has every year; it brings in $40 million to the city. 2013's E3 is scheduled for June 11th through 13th.