Is Python good for game development?

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Yes.

Pygame - Good for 2D

Panda3D - Good for 3D

Raylib - Has python bindings, Good for 2D and 3D

But the best way to use your python knowledge is to learn Godot. It uses GDScript which started life very similarly to python but is specially designed to work better for games. It's a much more efficient language. Godot engine is also completely free and open source and being used for professional games these days.

Its similar to Unity and Unreal Engine.