Fully agree. if they actually go through with banning it, piracy will thrive. People aren't going to just not play games as a result of not having access to a game. Smaller launchers will rise, people will download from other sources. A method of obtainment will be found.

Countries do this way more often than you think... they have always done that with movies preventing official releases or releasing edited versions, and as for games tons have localized versions since ever, from censorship of nudity in Japanese games in the USA market to censorship of Nazi flags in games in Germany and even LGBT references in tons of Eastern countries. I'd love if piracy exploded because fuck them billion dollar companies, but they usually just change a few art assets and that's it.

What type of content you fear your government may consider risky? Is someone there in a paranoia of video games causing violence?
Unless they would be banning stuff like GTA, Call of Duty and Battlefield entirely because of violence, I really doubt gamers would go out of their way in enough numbers to cause any ruckus just because they absolutely have to play the version of the game that has an LGBT flag in some building or certain character is transgender.