Bordering the same comments as @Elric and @Cair adding only that things generally pick up too with the summer break with kids for most games especially when content releases. Even though most of the people that I game with are approximately my age or older (mid 30's), it still reflects the major player base of most games with the younger generations and the overall free time spent.
That being said if you are looking for an honest assessment of a particular game such as SWTOR. I can add that since the merger things have died down quite a bit. The "newness" wore off. The recent changes to conquest also left a sour taste in a lot of people's mouths. As for our chapter, its still business as usual. Recruit, Hold events, and try to keep the peace.
Personally I play two MMORPGs currently. SWTOR and FFXIV. I am in CotP for both. Both also suffer from content binging players. After the binge and there is no more content, it begs people to ask, "what next?" Although the amount of things to do in the game is different for both SWTOR and FFXIV. There is drastically more to do in FFXIV. that means that players can keep consuming and keeping active for longer before the next release. SWTOR on the other hand has intermixed their content with changes to how the game is consumed. You either like it or hate it which makes people either stay for specific reasons or find something else to occupy their time.
How you determine to play a game largely has a factor in how long you stick around. Some people sip on the content and it takes them ages to get through it all. Others down it in a single gulp. Also if you factor in how many of the games functions you play, PvE, PvP, Raiding, Dungeon Crawling, etc.
Back to your original question in the subject line. State of all games. In my opinion, gaming as usual. Never a dull moment unless you are idle. People come and go. Games change hands all the time. Experiences are what you make it to be with whom you make them. Enjoy them until you can't anymore, then find something new that you can enjoy. Rinse and repeat.
Of course all of this is my opinion based on my experiences. It may be different for others.