SkyCity, in particular, needs the government to cap the number of licenses to five and limit them to companies with a local presence. The company argued that this would ensure online casino profits remain subject to New Zealand taxation rather than being funneled offshore. "The safest way to ensure online casino profits are subject to New Zealand income tax is to only allow incorporated New Zealand companies to hold licenses and not permit a license to be held by a foreign company or a New Zealand branch of a foreign company," SkyCity wrote to van Velden in March 2024.