The Masters Snooker will be staged at Alexandra Palace for the next three years following a new agreement between World Snooker and the north London venue.
World Snooker Chairman Barry Hearn is delighted with the new agreement and expects the event to be even more successful in the next three years.
“We are thrilled to sign this new three year agreement to keep the Masters at Alexandra Palace.
“It is a fantastic venue and moving this elite invitation event there was a spectacular success.
“I have no doubt that the fans will flock to north London again to see the very best players in the world.”
Australia’s Neil Robertson, the reigning Masters champion after defeating Shaun Murphy 10-6 in last season’s final, said: “I think all of the top players are delighted that the Masters has moved to Ally Pally. It’s a big arena with 1,500 seats and when it was full it was really buzzing.
“It was the best atmosphere I’ve ever played in apart from the world final.
“I can’t wait to get back there and have a crack at defending the title and I hope to see the arena packed out again.”
Chief Executive of Alexandra Palace Duncan Wilson said: “We are very proud that Alexandra Palace will host the Masters for the next three years. It is a superb reflection of the event we created with World Snooker 2012, and we will continue to build on that success.”
The Masters is the second longest running tournament outside the World Championship and is also one of the Triple Crown events in the snooker calendar, making it the most prestigious invitation competition in the world.
The event has previously held at the New London Theatre, the Wembley Conference Centre and the Wembley Arena before moving Alexandra Palace in 2012.