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Verbal contract between two parties is enough.
Paying taxes shouldn't be considered, because you don't earn tons of money it's nt poker.
Less crime , less drinking, drugs, fights etc... , easier control groups of people who's playing chess instead of huge drunk crowd, people will get more educated , some will want to improve and join a professional clubs.
I can see only positive points here.
https://youtu.be/N7Ggwlk4e_4