Game - fine cuts for each (5)
I believe the answer is:
poker
'game' is the definition.
(poker game is a kind of game)
'fine cuts for each' is the wordplay.
'fine' becomes 'ok' ('OK' can be a synonym of 'fine').
'cuts for' means one lot of letters goes inside another (I've seen this in other clues).
'each' becomes 'per'.
'ok' going into 'per' is 'POKER'.
(Other definitions for poker that I've seen before include "Fire-iron" , "Fire iron and card game" , "stud, say?" , "Rod liable to become heated" , "Fire-raiser" .)