Will colleges care about a club that's not serious like debate or NHS?

I’m considering starting a Magic: The Gathering club. It sounds kind of inane but there’s a sizable number of kids who play MTG at my school, and I thought that it would be fun to get everyone connected more. However, I will be quite busy junior year with harder classes, tests, and other extracurriculars, including debate, trying to get an essay accepted by the Concord Review, track/XC, Model UN(likely leadership position), as well as possibly art club(I might or might not start one, we’ll see) and mock trial(if I get in. They’re harsher on upperclassmen auditions because they want members who can stick with it all four years). My point with all that is, how much effort should I put in? I would be okay with the club just being a weekly gathering for a game or two or MTG, but it would be nice to be more ambitious.