Game is fine, with Reds put in new positions on the wings (4,5)
I believe the answer is:
stud poker
'game' is the definition.
(stud poker is a kind of game)
'fine with reds put in new positions on the wings' is the wordplay.
I cannot really understand how this works, but
'fine' could be 'ok' (synonyms) and 'ok' is found within the answer.
'put' could be 'per' and 'per' is present in the leftover letters.
'the' could be 't' (the is pronounced as a 't' sound in some dialects) and 't' is present in the answer.
The remaining letters 'sud' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...
'is' is the link.
Can you help me to learn more?
(Other definitions for stud poker that I've seen before include "Card gambling game -- Turk's dope (anag)" , "Variation of five-card gambling game" , "It involves dealer" , "Gambling game with some cards turned face up" .)