The issue may not be the VM DOCSIS tech rather the cable segment you are on and/or the path through the backhaul network to your game server?
Here's a Ping Plotter race to Google's DNS server. As you can see the hop to the switch after the CMTS (hop #3) is around 9ms and the final average to 8.8.8.8 is 15ms which is fine for most/all gaming scenarios.
Quote:
Target Name: google-public-dns-a.google.com
IP: 8.8.8.8
Date/Time: 22/05/2019 15:20:03
1 0 ms 0 ms 0 ms 0 ms 0 ms 0 ms 0 ms 0 ms 0 ms 1 ms 1 ms 0 ms 0 ms 0 ms 0 ms 1 ms 0 ms 0 ms 0 ms 0 ms 1 ms 0 ms 0 ms 1 ms 0 ms 0 ms 0 ms 0 ms router.asus.com [192.168.0.1]
2 * * * * * * * * * * * * * * * * * * * * * * * * * * * * [-]
3 13 ms 17 ms 10 ms 18 ms 9 ms 10 ms 14 ms 9 ms 8 ms 9 ms 9 ms 10 ms 9 ms 9 ms 10 ms 9 ms 9 ms 9 ms 8 ms 9 ms 9 ms 8 ms 10 ms 10 ms 11 ms 10 ms 9 ms 9 ms sotn-core-2a-xe-123-0.network.virginmedia.net [62.255.45.105]
4 * * * * * * * * * * * * * * * * * * * * * * * * * * * * [-]
5 14 ms 16 ms 12 ms 14 ms 13 ms 14 ms 14 ms 13 ms 21 ms 13 ms 14 ms 14 ms 15 ms 14 ms 13 ms 13 ms 14 ms 14 ms 13 ms 21 ms 14 ms 16 ms 13 ms 13 ms 21 ms 12 ms 30 ms 14 ms tcl3-ic-2-ae4-0.network.virginmedia.net [62.253.175.130]
6 18 ms 18 ms 19 ms 19 ms 19 ms 19 ms 17 ms 18 ms 17 ms 19 ms 18 ms 18 ms 19 ms 18 ms 18 ms 18 ms 18 ms 18 ms 19 ms 19 ms 19 ms 18 ms 19 ms 20 ms 18 ms 18 ms 18 ms 18 ms [74.125.49.52]
7 * * * * * * * * * * * * * * * * * * * * * * * * * * * * [-]
8 16 ms 15 ms 17 ms 15 ms 15 ms 15 ms 15 ms 18 ms 16 ms 16 ms 15 ms 15 ms 16 ms 16 ms 15 ms 16 ms 15 ms 15 ms 15 ms 17 ms 15 ms 16 ms 15 ms 16 ms 15 ms 16 ms 16 ms 15 ms google-public-dns-a.google.com [8.8.8.8]
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I would run a traceroute (tracert or pathping on Windows) and see where you start seeing the latency and/or jitter starting.