If you look at GAME's latest numbers they have nearly 500M in cash (334M + 150M loan to parent company....SNDA taken private last year) and make about 50M a quarter.
Right now the market cap is around 750M, meaning if you add their cash + one year's worth of earnings it equals the entire value of the company.
Normally I would say this is your basic Chinese scam, only Chen took SNDA private so I seriously doubt it.
My guess is GAME will follow the parent company sometime in the next year. Currently GAME continues to buy back about 100M $ a year in shares. With only around 200M worth of shares outstanding he doesn't already own it won't be long before he just buys up the rest in one swoop.