the high ping on the first hop is not a worry it is to do with the firmware used for the router, if pinged directly it will come up as 1m/s. If it was an issue then hop2 should be 99+m/s.
It looks like where the gameserver peers with the backbone, some kind of congestion, the two traces both hit the game server host from a differnt edge router, thus the one you pass through looks like its overloaded, the server host needs to contact level3 directly, send them the trace they will get it fixed.
