(1) The policy of the State of Mississippi with respect to the issuance of state gaming licenses to limited partnerships is:
(a) To maintain effective control over the conduct of gaming by limited partnership licensees.
(b) To restrain any speculative promotion of limited partnership interests in gaming enterprises.
(2) The commission may waive, either selectively or by general regulation, one or more of the requirements of Sections 75-76-221 through 75-76-231 if it makes a written finding that a waiver is consistent with the state policy set forth in this chapter.