Stakes getting higher for Crown as AUSTRAC probe examines laundering breaches; chairman Helen Coonan to face NSW licence inquiry

The stakes are getting higher for the Crown casino group after the financial crime agency AUSTRAC announced an inquiry into the company's adherence to strict laws to prevent money laundering. 

As Crown's crisis deepens, the company is bracing for a shareholder backlash at this week's annual general meeting. 

Chairman Helen Coonan faces an independent gaming inquiry as she considers "boardroom renewal" with some directors likely to leave. 

ABC's Peter Ryan says the investigation will focus on Crown's Melbourne casino and the "management of customers identified as high risk and politically exposed".

I speak with Thomas Oriti on ABC NewsRadio