Packer share sale to Hong Kong gambling titan to be probed by NSW independent watchdog

James Packer's sale of Crown Resorts shares to Hong Kong gambling tycoon Lawrence Ho will be probed by the NSW Independent Liquor & Gaming Authority. 

Crown says it will "fully cooperate" with the inquiry. 

The investigation will examine whether Crown ensures casinos remain free from criminal influence or exploitation. 

Here's my report from this morning's AM.

Statement from NSW Independent Liquor & Gaming Authority