The giant youtube channel Linus Tech Tips has done a recent series of videos on gaming on linux. On Jan 1 they published a 15 min summary video that covers that 70% claim in a much more nuanced way: https://youtu.be/Rlg4K16ujFw
Punchline: it's kinda true, but there's plenty of struggle for new and multiplayer games still.
ProtonDB also considers a game as "working" if even a single person gave it a thumbs up, so the big "17,984 games work" on the home page is very misleading.
I think "asterisk" is warranted, since there are still show-stopper games that won't run without their precious kernel-level anti-cheat (sorry professional Valorant players), but the asterisk is shrinking, not growing. It's a fairly small caviat at this point, especially for more casual audiences, and I kinda wonder why it was such a sticking point for Linus. Wine is not a panacea, but if you look at the landscape and see the majority of Windows software running, I think there's hope in that.