The opinion of the Court was delivered by
CLIFFORD, J.Boardwalk Regency Corporation (BRC) applied for a plenary license pursuant to the Casino Control Act, N.J.S.A. 5:12-1 to -152 (Act). After conducting investigations and hearings on the *365application, the Casino Control Commission (Commission) found that two of the directors of BRC, Clifford S. and Stuart Z. Perlman, had failed to satisfy the standards set forth in the Act regarding “casino key employees.” See N.J.S.A. 5:12-84(c), -85(c) and -89(b)(2). The Commission ruled that if the Perl-mans were not removed from positions of control in the extensive corporate hierarchy of which BRC and its corporate parents, Caesars New Jersey, Inc. (CNJ) and Caesars World, Inc. (CWI), were a part, BRC’s application would be denied. The Commission further required BRC to choose, by November 26, 1980, either (1) to sever the Perlmans permanently from any ownership or employment connection with BRC, any of its parent companies, and any subsidiary of CWI in this or any other jurisdiction, or (2) withdraw as a casino licensee from New Jersey. BRC was also directed to submit a plan for Commission approval to implement whichever alternative it chose. Following the Appellate Division’s denial of a stay of these conditions this Court granted a stay pending appeal.
On consolidated appeals of the Perlmans and the corporations the Appellate Division affirmed the Commission’s decision as to the non-qualification of the Perlmans, but reversed to the extent that it required the Perlmans to divest their personal interests from non-New Jersey subsidiaries of CWI having no “gaming” activities. In re Boardwalk Regency Casino License Application, 180 N.J.Super. 324 (1981). It remanded to the Commission to recast its order consistent with the Appellate Division opinion and for “reasonable revision of the timetable.” Id. at 350. The stay imposed by this Court remains in effect. Ibid.
The Perlmans and the corporations then filed notices of appeal to this Court, asserting “a substantial question arsing under the Constitution of the United States”, R. 2:2-1(a); and we granted the petitions for certification of the Attorney General and the Commission regarding the Appellate Division’s modification of the Commission’s order, 89 N.J. 405 (1982). In addition, the Attorney General filed a notice of cross-appeal directed to the same issue raised in his petition, namely, the *366Appellate Division’s invalidation of the Commission’s requirement that the Perlmans disconnect themselves from all non-New Jersey non-gaming activities.
Specifically, the Commission required that as one of the conditions of BRC’s casino licensure, the Perlmans must dispose of any interest whatsoever in subsidiaries of CWI that are situated outside of New Jersey and are not engaged in casino gaming activities; must be removed from any position as an officer, director or employee of such subsidiaries; and must not receive any remuneration in any form from such subsidiaries. It is this condition that the court below struck down. Today we reinstate that condition of licensure. With the exception of that single modification, we affirm the judgment of the Appellate Division substantially on the basis of Judge Fritz’s comprehensive and perceptive opinion for that court.
I
While the Appellate Division’s discussion of the facts, 180 N.J.Super. at 331-32, 335-36, suffices for our purposes today, several features nonetheless bear repeating. Initially, it is noteworthy that CWI, aptly described below as “[a] creature of humble beginnings,” id. at 331, is today a multifaceted corporate giant, which, through its various nationwide subsidiaries, owns and operates businesses in both the gaming and non-gaming industries. Of particular import to this case, however, is CWI’s relationship to BRC: BRC is a wholly owned subsidiary of CNJ in which CWI owns an 85% stock interest.
Moreover, since the Appellate Division decision, there have been several developments regarding the Perlmans’ relationship with CWI and its subsidiaries. By way of background, when the matter first came before the Commission in September 1978, both Perlmans owned an extensive interest in CWI, CNJ, and thereby BRC. Clifford Perlman was Chairman of the Board of Directors and chief executive officer of CWI and CNJ, in addition to holding a 10% stock interest in CWI, and a 1.4% *367interest in CNJ. Stuart Perlman was Vice-Chairman of the Board of Directors of CWI and CNJ. His stock ownership in CWI, about 8%, was second only to that of Clifford Perlman. He also held approximately a 1% interest in CNJ.
In contrast to the facts as they appeared when the case was before the Commission and the Appellate Division, the Perl-mans’ relationship to BRC through their extensive interest in CWI and CNJ has since changed. On October 30, 1981, CWI and the Perlmans entered into an agreement that provided that (1) the Perlmans would sell, and CWI would purchase, the Perlmans’ shares of CWI and CNJ stock; (2) the Perlmans would acquire promissory notes for part of the purchase price of their CWI and CNJ stock; and (3) the Perlmans would resign from all of their positions as officers and directors of CWI and its subsidiaries, save for the fact that Clifford Perlman would enter into an agreement to continue as Chairman of the Board and chief executive of Desert Palace, Inc., a CWI subsidiary responsible for operating CWI’s Nevada based casino-hotels.1 On December 15, 1981, the Commission, upon application by CWI, approved of the arrangement except for Clifford Perlman’s continued relationship with Desert Palace, Inc. A shareholder’s suit challenging the arrangement was settled before we heard argument on the case.
As a threshold matter we must decide whether the agreements entered into between CWI and the Perlmans render this controversy moot, and whether the parties thereto have standing to raise the issues projected by this appeal. In our approach to these threshold questions, we are not limited to the “ease or controversy” requirement imposed on the federal courts by way of Article III of the Federal Constitution, U.S.Const. art. III § 2. See Crescent Park Tenants Ass’n v. Realty Equity *368Corp. of N. J., 58 N.J. 98, 107 (1971). Rather, in this jurisdiction a controversy is justiciable when “the litigants’ concern with the subject matter evidence[s] a sufficient stake and real adverseness.” Id. Moreover, where the parties lack a legally cognizable interest because the issues presented are technically moot, they may nonetheless obtain judicial review when the matter involves an area of particular concern to the public interest. See, e.g., John F. Kennedy Memorial Hospital v. Heston, 58 N.J. 576, 579 (1971); Doe v. Bridgeton Hospital Ass’n, Inc., 71 N.J. 478, 482 n.1 (1976).
It is apparent that both Clifford and Stuart Perlman have standing and that the issues are not moot. As to Clifford Perlman, his interest in the outcome of this appeal assuredly remains live by the very terms of the agreement itself, which provides that if he is directed by this Court to divest his interest in CWI’s gaming subsidiaries, his position at Desert Palace will be in jeopardy. See supra (At 367 n.1).
As to Stuart Perlman as well there remains a legally cognizable interest in the outcome of this appeal. Notwithstanding his agreement with CWI, there exists at least the possibility of his future involvement with CWI or one of its subsidiaries, given the extensive influence available to him within the CWI corporate structure. Moreover, we will not fetter a litigant with technical notions of justiciability when the only question as to whether his claim is amenable to judicial review arises from his compliance with a lower court or agency decision.
Finally, as to both Clifford and Stuart Perlman, it is beyond question that the final adjudication of the issues is a matter of considerable importance to the casino industry as well as the general public. Accordingly, the Perlmans’ claims are ripe for judicial review.
II
We turn to the merits of the case. Judge Fritz’s exhaustive opinion below rejected a vigorous attack mounted by the *369Perlmans and the corporations regarding the Commission’s determination that neither Clifford nor Stuart Perlman had met the statutory requirement of demonstrating by clear and convincing evidence their good character, honesty and integrity. That attack has been renewed before this Court. The Appellate Division initially rejected the argument that the Commission failed to discuss adequately the relevant evidence in reaching its ultimate conclusions and that its conclusions were not based on sufficient credible evidence in the record. 180 N.J.Super. at 335-39. The Appellate Division also found “ingenious” but “unpersuasive” the contentions of the Perlmans and the corporations that the Act requires only a demonstration of the putative casino key employee’s reputation for good character. Id. at 343. In this regard the court below found that the Act requires a demonstration of good character in fact, given the Legislature’s explicit statements of public policy and of the “evils” it sought to address through the imposition of exacting and rigorous licensing procedures. Id. at 343-44.
The Appellate Division also considered a barrage of constitutional challenges to the statutory “good character” criterion. It rejected the contention that this criterion violated the Perlmans’ due process rights, because it was unduly vague, stating that “the potential key employee is reasonably apprised by the statute, as a matter of common knowledge, in light of ordinary human experience, as to the kind of conduct necessary to satisfy the statute.” Id. at 347. Similarly lacking in merit, in the court’s view, was the contention that the good character criterion “allow[ed] the Commission to rely on guilt by association.” Id. at 348.
We have reviewed the legal principles that underlie each of these arguments and the record developed below upon which the Commission based its findings. As to the arguments raised by the Perlmans and the corporations, set forth above, we repeat our endorsement of Judge Fritz’s painstaking analysis and of the conclusions achieved in his opinion for the Appellate Division.
*370IV
There remains one further area of discussion. As a final point of contention the Perlmans and the corporations maintain that the Commission’s Order unconstitutionally conditions BRC’s licensure on the Perlmans’ divestiture of their interests in non-New Jersey subsidiaries of CWI. Their challenge in this regard is mounted on the basis of the Commerce Clause, U.S.Const. art. I, § 8, and the Due Process Clause, U.S.Const. amend. XIV.
As matters stand today, with this Court’s stay in effect (see supra at 365), BRC is operating a New Jersey casino and Clifford Perlman is acting as chairman of the board of CWI’s subsidiary Desert Palace, Inc., operator of CWI’s Nevada gaming casino, Caesars Palace. Caesars Palace’s position in the scheme of things is only partially illustrated by the fact that it is CWI’s principal and most profitable asset, having generated for the year ending April 30, 1980 about 43% of CWI’s total gross revenues. In addition, it is the model after which CWI’s hotel casino facilities, including BRC, are patterned, and it provides BRC with consultant services and management counselling. BRC and Caesars Palace share some directors in common. In his current position as Desert Palace’s chairman Clifford Perl-man has a direct relationship with Caesars Palace’s management, and BRC has a direct relationship with the Nevada casino. The circumstances of Clifford Perlman’s ability to influence BRC policy, too apparent to require further belabored explication, prompt our agreement with the Appellate Division’s disposition of the Commerce Clause argument:
The fallacy in this argument is that the order is said to purport “to regulate the management of substantial non-New Jersey operations * * * and to limit the Perlmans’ business activities outside of New Jersey,” when in fact it does no such thing. It neither regulates CWI nor any of its subsidiaries except BRC or the Perlmans, nor tells them what they must do. It only tells BRC, in terms completely in line with the statute and its purposes, the condition which must exist in view of its corporate connections, before it can enjoy the privilege of a casino license. No one will argue that New Jersey does not have a legitimate local public interest in determining who shall be thus licensed in New Jersey and under what conditions. We are satisfied this issue has no merit and warrants no further discussion. [180 N.J.Super, at 349.]
*371See Pike v. Bruce Church, Inc., 397 U.S. 137, 142, 90 S.Ct. 844, 847, 25 L.Ed.2d 174, 178 (1970); Exxon Corp. v. Governor of Maryland, 437 U.S. 117, 124-127, 98 S.Ct. 2207, 2213-2215, 57 L.Ed.2d 91, 99-101 (1972).
With the same dispatch, and on the same basis, can we address the Due Process argument, it being manifest that the Commission’s divestiture order bears a rational relationship to a legitimate state interest. Insofar as the Due Process Clause is concerned, since no fundamental right is affected by the Commission’s order, that ends the matter. See Ballou v. State Department of Civil Service, 75 N.J. 365, 370-71 (1978); State v. Krol, 68 N.J. 236, 248 (1975).
The Commission’s order also required the disassociation of the Perlmans’ personal interest in the non-New Jersey subsidiaries of CWI that had and have no connection with the gaming industry. As to this aspect of the Order, the Appellate Division was not convinced that traditional notions of due process had been satisfied. Essentially, the court seemed uncertain that requiring divestiture to this extent would serve any “legitimate state interest.” 180 N.J.Super. at 349. We harbor no doubts on the issue, and we fail to see why, in the context of this case, any distinction should be made between gaming and non-gaming subsidiaries. The question remains, in either instance, whether the presence of either Perlman in the CWI corporate structure carries with it the opportunity for them to exert their personal influence in the operation of BRC. In the non-gaming as well as the gaming setting that question must be answered in the affirmative.
The record demonstrates that for many years the Perlmans have wielded enormous power and influence throughout CWI, which, it should be recalled, is simply a holding company with operating subsidiaries. Permitting the Perlmans to remain in or assume a structured, formal relationship of ownership, employment or management in one of those subsidiaries, albeit a non-gaming enterprise, would encourage—or at the very least *372allow—the exertion of power and influence within the corporate structure. Indeed, the court below appears to have recognized this possibility by its reservation unto the Commission of the right to act should a “Perlman effect” become “manifest”, citing N.J.S.A. 5:12-129. 180 N.J.Super. at 349.
What the Commission sought to do was prevent the Perlmans from influencing gaming policy, rather than react to that influence after it has been exerted. This is a reasonable aim, particularly inasmuch as the evidence demonstrated a substantial likelihood that the Perlmans would leave their mark on BRC policy were they to obtain or continue to occupy official positions within the corporate family. This perception of the Perlmans’ presence within the corporate structure is borne out by the corporation’s assertion that “the loss of the Perlmans’ services has been, and continues to be, a substantial detriment” to CWI. Moreover, the corporations call attention to the “substantial and uncontradicted” evidence as to the importance of the Perlmans’ functions in CWI and as to “the harm which has resulted to the company since the Perlmans have been isolated from its affairs.” Given the degree of importance that the corporations themselves attach to Clifford and Stuart Perlman, we cannot say that the Commission’s apprehension of their influence on CWI and BRC, even from a non-gaming subsidiary position, is ill-founded; nor can we conclude that there is insufficient evidence to support the conclusion that divestiture of the Perlmans’ interests in CWI’s non-gaming subsidiaries bears a rational relationship to the state’s legitimate interest in preventing them from exercising corporate power and influence over BRC.
V
Except as modified herein the judgment below is affirmed. All provisions of the Commission’s order are reinstated, and the Commission is directed to establish a new timetable for submission of BRC’s plans. The stay heretofore entered is vacated, effective ten days after release of this opinion.
The agreement further provided that should the decisions below remain intact after this appeal, CWI has the option under the agreement to terminate Clifford Perlman from his positions with Desert Palace, Inc.