For weeks now, the international chess community has wondered where the World Championship match between Magnus Carlsen and Viswanathan Anand would be held. Recently, the World Chess Federation (FIDE) announced that it was extending the opportunity for cities to bid on hosting the championship because at the 30-Apr-14 deadline, no cities had placed a bid. At a press conference today in Moscow, FIDE President Kirsan Ilyumzhinov announced that Sochi, Russia, which was home to the Winter Olympic Games has won the bid to host the match in November.

Not much else is known about the match except that its budget is $3 million and it will be held in the Olympic Village built for the games.

Updates will be made to this post as additional information becomes available.