They also enjoy [games of risk or chance]

The mesomorph is neither fat nor thin, but broad and muscular, with a strong rugged physique. People in this category are said to love physical activity?the more daring and fast paced, the better. They also enjoy games of risk or chance. Domineering by nature, mesomorphs like to be around people but prefer to be in situations they can control.
[Source: Reading for Results Ninth Edition by Laraine Flemming]
I'd like to know if "of" is used to transform a nominal phrase "risk or chance" to and adjectival phrase.
Thank you in advance for your help.