In theory, of course not. But in practice sure. Simple, very accessible example, there’s no Madden open source alternative. And I’ve actually seen people try to do this.
I’d love to see an open source football/basketball/sports engine. But it’s hard to do, even without dealing with the licensing aspects.
I think a big part of the reason is that Big Tech really helps push along FOSS, but the licensing aspects make the ROI poor for Big Tech to invest in FOSS here.