Crown Resorts controlling shareholder James Packer has decided to back the decisions of the Crown Resorts board of directors in response to Blackstone’s proposed $8 billion takeover bid.

Packer’s position on the bid was revealed to Chanticleer in an email asking whether he was a seller of his 37 per cent stake at $11.85 a share. He said: “I am following the Crown board re my position.”