Posted By: Waterclone
There have been many different kinds of M&G's in NYC. Some big 150+ person events, some small 20-30 person cocktail party type events, and some small dinner parties with a dozen or so.
Some take place in a bar's. Booked as private parties in a separated section of the bar so strangers can't wander in.
Other venues have included brothels (Miss you Miki) private apartments, hotel suites and rented loft spaces, and restaurants.
I'm not a lawyer, but I am pretty sure the legal risks of a traditional M&G are minimal. Even the ones in private places don't include any sort of play. It's a cocktail party. There is nothing illegal about a bunch of people getting together for a M&G. As long as no one starts conducting any business at the event, I can't imaging why there would be a problem.
The most common "risk" is for the person running the event to have people no-show. It sucks to commit to bring x number of people to a venue, and have fewer than that show up. The host could be out money if that were the case. However, generally speaking, if you plan for a certain percentage of no-shows there is no reason such a venture can't at the very least break even, and much more likely, make a nice profit to give incentive to have more.
Additionally, it's of the utmost importance to verify every attendee. Even ignoring the issue that happened last year when a journalist was allowed to attend, I have been to M&G's were people brought friends and the friends were not regular hobbyists. One made a dinner date with a girl I knew and didn't know he was supposed to pay her for her time. Under no circumstances should anyone be allowed to attend who is not either an escort, or a client.