Intellectual Property (IP) Games are those that incorporate a known entity into their game. The easiest example is Monopoly. You can buy Monopoly that is branded with multiple IPs. They have Sailor Moon Monopoly, Rick & Morty Monopoly, etc. The idea is people who would not normally purchase that game might be pushed to the cash register if it has their favorite characters in it.
Trevor and Danny discuss the pros and cons of game manufacturers using IPs in their games. Let us know if you agree with Trevor or with Danny in the comments.