From AppleGamingWiki, the wiki about gaming on M1 Apple silicon Macs

macOS Compatibility

Method Rating Notes
Rosetta 2 Perfect Nice 60-100 fps on almost every game, heavy shooter game such as hedgerows 2 (closed demo now) got 40-80 fps, Phantom force is stable at 60 fps. When playing heavy projects for a long time, be prepared for strong heat and fan noise, if you have them.
Compatibility layer
CrossOver Unknown
Parallels Unknown