Crown chairman Helen Coonan signals cleanout of casino giant's board; three directors likely to face protest vote at Thursday's annual meeting

Crown Resorts chairman Helen Coonan has signaled a cleanout of the company's troubled board after revelations of lax oversight on money laundering risks and potential exposure to organised crime. 

The gaming giant's licence to operate a new casino at Barangaroo in Sydney is now in jeopardy and Crown shareholders are likely to protest the re-election of three directors at this week's annual general meeting. 

ABC's Peter Ryan is covering the inquiry which is also examining the influence of Crown's biggest shareholder, billionaire James Packer.