I play some native games on a M4 Max using Steam, with good performance.
Baldurs Gate 3, Cyberpunk 2077, Crimson Desert, No mans sky, Darkest Dungeon 1,2, Warhammer Rogue Trader, and a few other CRPGs. Crossover Mac is also an option for Windows games.
If you’re a hardcore gamer, the Mac isn’t going to cut it but it’s a lot better now than it used to be.