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PokerStars, in conjunction with GuangDong Ltd, announced today their plans for an event to be held in Macau, billing it as one of the “biggest poker tournaments ever held.”

There are two main tournaments planned, with the Main Event being a HKD $1M buy in, with up to two optional rebuys allowed. This Main Event will run from the 5th of June through to the 7th, and there is a warm up event of HKD $250,000 planned for the 4th of June as well.

“This is going to be the one of the most amazing poker tournaments of all-time,” said the Director of Live Poker Operations for the Asia Pacific for PokerStars, Danny McDonagh. “We are expecting over 100 players to sit down and play and one of the biggest prize pools for a poker tournament outside of the World Series of Poker. It’s going to be seriously huge! ”

With expectations the prize pool will exceed $10Million USD, this is indeed going to be a massive event, and we can see many of the High Rollers from the Macau scene sitting down at the tables to try to balance their luck and skill in order to take home part of that prize pool.

The Guangdong Group (previously Neptune Group) is a large VIP junket operator in Macau. It aims to deliver a one stop VIP service, and offers 24 hour support to it’s clients.

Winnie Wong, CEO from Guangdong Group said: “Guangdong is happy to organize another high stake poker tournament in Macau this year. I see strong synergy between Guangdong and PokerStars. I believe this Event will be excited, stunning and leave a mark in Macau poker history.”

PokerStars is offering at least one lucky player the opportunity to play the event, as they are offering a satellite structure to win a ticket, starting with $530 feeders. Check out the site for more information.