The Commission shall ensure, to the extent required by this chapter, that licenses, approvals, certificates, or permits shall not be issued to, nor held by, nor shall there be any material involvement, directly or indirectly, with the licensed casino operations or the ownership thereof by, unqualified or disqualified persons or persons whose operations are conducted in a manner not conforming with the provisions of this chapter. For the purposes of this section, “unqualified person” shall mean any person who is found by the Commission to be unqualified pursuant to criteria set forth in section 436 or 441 of this title and “disqualified person” shall mean any person found by the Commission to be disqualified pursuant to the criteria set forth in section 438 of this title. In enforcing the provisions of this chapter, the Commission shall have the power and authority to deny any application; limit or restrict any license, registration, certificate, permit or approval; suspend or revoke any license, registration, certificate, permit or approval; and impose a penalty on any person licensed, registered, or previously approved for any cause deemed reasonable by the Commission pursuant to rules and regulations promulgated thereby except that no such denial, limitation, suspension or revocation shall be issued solely by reason of the fact that an applicant, registrant, or licensee holds an interest in or is associated with any licensed casino enterprise in any other jurisdiction.