Currently playing games will only waste someone's time especially the pay is not too much, because in my opinion it is better now to spend time on things like trading, because market conditions are suitable for doing that, so make your time more valuable now.
It depend if you knew axie infinity those gamers that play that game profiting good on their benefits especially they earn token that can be traded on the market. Not all games are profitable but some have a good ecosystem that can sustain fun and even great profits. If you say this is a totally wasting time then it depend on how you handle it.
So far Axie is one of the few games that became successful and is still being patronized by some players since they can earn and have fun at the same time. I've seen a lot of projects aiming to create gaming projects but it seems it is not something that investors are looking for yet.