Internal Directors Appointed By International Entertainment Corp

International Entertainment Corp also knew IEC has appointed 2 executive directors within the company to the board to their recently possessed company Rational Live Events Macau Limited. IEC is the biggest gaming investor and has given a brief rundown of the events for the convenience of investors post purchasing the company for US$3 million in the month of August. IEC has revealed the appointment of Thomas Chan and Min Zhang as the directors of the newly acquired subsidiary. These directors have over 20 years of experience in business management, commercial development, legal or corporate advisory, and investment.

Rational Live Events Macau Limited was known as the data controllers as explained by PokerStars. The company is responsible for storage and utility of personal details of players who take part in poker events locally in addition to the events held in the past. The company manages, operates and organized poker tournament and live events in Macau. IEC has decided to retain its subsidiary’s current management department so that the new directors can seek their assistance. The chairman of IEC Stanley Choi is a renowned personality in the Asian poker events as he is playing with high stakes cash game. He is also regular at the bigger tournaments held in the region.

The Rational Live Events Macau’s acquisition and appointment of fresh board members were done post signing a collaboration agreement by IEC with The Star Group in May. The land-based live poker events and poker rooms will be run under the brand name of PokerStars in a few specific Asian countries. Some of them include Macau, South Korea, Japan, Vietnam, Malaysia, and Singapore. Currently, the live brand of PokerStars is being operated only in Manila. IEC recently confirmed that it’s all set to rejuvenate the LIVE brand and is hopeful that it attracts maximum poker players to take part in the tournaments.